Not Logged In Log In   Sign Up   Points Leaders
Follow Us    9:13 AM

Message Forum - Read Message

Category: General Gas Talk > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Speedway latest gas price raise Back to Topics
albiek1976
Champion Author
Ohio

Posts:1,734
Points:1,268,090
Joined:Sep 2001
Message Posted: Nov 13, 2012 3:33:37 PM

That was an not needed gas price raise for Speedway, many stations have fallen 10+ cents. I hope it gets back to $3.359 or lower in less than a week
REPLIES (newest first) Topic is locked
Kingg116
Sophomore Author Chicago

Posts:164
Points:36,600
Joined:Aug 2005
Message Posted: Oct 18, 2013 1:48:33 PM

The latest roller-coaster ride of gas prices must really start to make one wonder... Aside from pure greed or profitability (or perhaps poor management with high overhead costs?) I truly cannot see why there is such a huge discrepancy in pump price, even within the same local market. Shell at 3.749, while a couple others are as low as 3.299. Speedway, long being the one lone market that would typically be the lowest in the market, now seems to be the first to jack up their prices as soon as the wind blows, often backing off a few cents per day until the area prices settle again.

Makes my brain hurt.
loboso
Champion Author Virginia Beach

Posts:1,807
Points:441,155
Joined:Sep 2013
Message Posted: Oct 17, 2013 10:12:44 PM

i was hoping it broke the 3.00 price range
AFOS
Champion Author Chicago

Posts:35,980
Points:3,858,220
Joined:Jul 2001
Message Posted: Oct 17, 2013 9:27:22 PM

Sitting still is definitely not part of the way Speedway operates. One near me up 24¢ monday, down 16¢ Wednesday.
Serenity 03
All-Star Author Michigan

Posts:785
Points:793,770
Joined:Dec 2003
Message Posted: Oct 17, 2013 4:25:52 PM

Somehow Michigan gas prices cant sit still. It goes up quick and trickles down slow 10-20 cent and shoots back up. I have heard at other states gas price are 30-40 cent lower than us. I'm sick of it.
BuzzLOL
Champion Author Toledo

Posts:5,053
Points:58,945
Joined:Apr 2011
Message Posted: Dec 14, 2012 12:13:45 AM

.. I'm only buying from the stations that are under $3/gal. in this part of Ohio... $2.88 is lowest at moment...
AFOS
Champion Author Chicago

Posts:35,980
Points:3,858,220
Joined:Jul 2001
Message Posted: Dec 13, 2012 7:02:05 PM

Speedway's prices are falling like a rock around here.
MIT05
Champion Author Massachusetts

Posts:7,242
Points:2,183,735
Joined:Aug 2008
Message Posted: Dec 13, 2012 3:40:16 PM

not here.
PithyOpiner
Champion Author Stockton

Posts:18,731
Points:2,105,945
Joined:Jun 2008
Message Posted: Dec 13, 2012 12:27:21 PM

Hope? You gotta see Obama for Hope and Change. We don't deal in "hope" in this forum.
MertieMan
Champion Author Lexington

Posts:18,164
Points:3,705,085
Joined:May 2005
Message Posted: Dec 13, 2012 5:26:34 AM

Speedway is coming down in this area, I noticed a station yesterday at $3.05 plus per gallon.
wshokie12
Champion Author Winston-Salem

Posts:3,500
Points:945,890
Joined:Aug 2012
Message Posted: Dec 13, 2012 1:30:33 AM

Okay
PithyOpiner
Champion Author Stockton

Posts:18,731
Points:2,105,945
Joined:Jun 2008
Message Posted: Dec 8, 2012 8:20:56 PM

OceanArcher is confused again. Will somebody help him out? Please!
OceanArcher
Champion Author Mississippi

Posts:8,500
Points:1,999,995
Joined:May 2004
Message Posted: Nov 14, 2012 10:25:55 PM

Pricing dropped around here -- I'm confused
Wrench45840
Sophomore Author Ohio

Posts:100
Points:39,305
Joined:Sep 2012
Message Posted: Nov 14, 2012 7:14:32 PM

Albie 4197 if you live in the 419 you should know beter Motherthon Petroleum needs to pad there pockets in there home area how else can you exsplain how gas can be 3.57 in Findlay and 3.38 15 miles south.
AFOS
Champion Author Chicago

Posts:35,980
Points:3,858,220
Joined:Jul 2001
Message Posted: Nov 14, 2012 1:28:37 PM

Speedway's needs may differ from yours but if they raised prices they felt they needed to. Most of the time they raise prices a big chunk after gradually falling pump prices and/or rising wholesale have diminished their pump margins to near zero (or less after credit card fees). If prices fall quickly after a hike, wholesale has probably started to drop big time. Or...you're in a hypercompetitive market where dealers just can't keep decent margins.

Anyway...if you're in a Speedway dominated market you just have to live with this constantly falling and then rising price cycle. If you learn to time things like I do, you probably pay less than in a market with slower price changes.

[Edited by: AFOS at 11/14/2012 1:31:56 PM EST]
HeavyDuty_cache
Champion Author Omaha

Posts:16,034
Points:3,242,340
Joined:Sep 2005
Message Posted: Nov 14, 2012 8:46:31 AM

Prices in my area are still going down. No sign of an increase.
MertieMan
Champion Author Lexington

Posts:18,164
Points:3,705,085
Joined:May 2005
Message Posted: Nov 14, 2012 5:33:00 AM

It is always Speedway in this area followed by Shell. Speedway which is owned by Marathon controls all prices in this area.
seabrz7
Champion Author California

Posts:1,400
Points:224,810
Joined:Feb 2012
Message Posted: Nov 14, 2012 12:53:53 AM

Sounds like a local area post. Prices still dropping in Calif. No speedways around here.
1OILMAN
Champion Author Alabama

Posts:2,269
Points:221,160
Joined:Mar 2011
Message Posted: Nov 13, 2012 4:12:22 PM

Must be that Ohio-Obama gas tax. I am retailing for $3.199, and falling.
Topic is locked Back to Topics