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Author Topic: Midwest price hikes to slow down Back to Topics
PD

Moderator
Message Posted: May 20, 2013 10:13:34 AM

It's been a perilous week for motorists in the nation's midsection as gasoline prices have soared. There's good news: relief may soon be on the way.

Spot gasoline prices, which have a strong and direct impact on retail prices, have seemingly begun to move lower. As spot prices move lower, the decreases are passed on to wholesale channels, and finally, allow gas stations to drop their retail prices several days later.

But it all comes too late, as many areas have set all time record highs for gasoline prices. Iowa, Minnesota, North Dakota, and Oklahoma have all seen new statewide record high averages in the last week. Cities breaking their all time highs include Des Moines, Minneapolis/St. Paul, Fargo, Oklahoma City, Sioux...

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REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: May 23, 2013 5:44:26 AM

hope it's staying low. esp. OK can use a break..
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Vette1967
Champion Author Albany

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Message Posted: May 23, 2013 12:27:41 AM

Whatever...
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honda0105
Champion Author Tallahassee

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Message Posted: May 22, 2013 6:33:38 AM

was it to catch up with the prices in the rest of the country or was it to be a foray into higher prices nationwide?
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KAR120CSII
Champion Author Oregon

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Message Posted: May 22, 2013 2:15:55 AM

Gosh, thanks for the news --
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WanderDan
All-Star Author Dayton

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Message Posted: May 21, 2013 11:25:09 PM

we shall see
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BBopp
Champion Author Dayton

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Message Posted: May 21, 2013 8:42:02 PM

Slowing down is one thing, decreasing after a tremendous increase in price is another.
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bston
Champion Author Oklahoma City

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Message Posted: May 21, 2013 1:27:02 PM

Lost faith in believing prices will come down much at all. Breaking our economy & country.
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twinfanMN
Champion Author Minnesota

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Message Posted: May 21, 2013 9:58:18 AM

Maybe if we are really lucky thet will drop it half as much as they raised it in the last couple of weeks.
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streetdesign
Champion Author Illinois

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Message Posted: May 21, 2013 8:40:37 AM

Not slow enough. Prefer decline at the pace prices go up.
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scu227
Champion Author New Haven

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Message Posted: May 21, 2013 8:21:35 AM

Prices on the upward on East Coast as well !!!!!
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dr047
Champion Author Cleveland

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Message Posted: May 21, 2013 6:39:56 AM


Getting close to Four Bucks!
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packards42
Champion Author Washington

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Message Posted: May 21, 2013 6:30:08 AM

Soaring on the west coast, why what driving it.
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pitamon
Champion Author Philadelphia

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Message Posted: May 21, 2013 6:07:10 AM

What Big Oil cutting them a break?
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Jeffro61
Champion Author Cleveland

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Message Posted: May 21, 2013 6:05:52 AM

It's sad there is so much greed.
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Wizrd03
Champion Author Illinois

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Message Posted: May 21, 2013 6:02:53 AM

not enough movement in the right direction, especially in the upper midwest
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Cobolpup
Sophomore Author Indiana

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Message Posted: May 21, 2013 6:01:55 AM

Prices to drop days later. RIGHT!!!! Try several weeks later if at all. Let's just keep send it over seas. Greedy Bastards!!!!!!
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jmg144
Champion Author Maryland

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Message Posted: May 21, 2013 6:01:31 AM

Why the the reversal in outlook in less than two weeks?
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Zuman
Champion Author New York

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Message Posted: May 21, 2013 6:01:14 AM

They'll take advantage of the tornado now.
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gasandgoAL
Champion Author Alabama

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Message Posted: May 21, 2013 5:59:53 AM

Hope Oklahoma City gets a break horrible what has happened there so many dead including two schools with children hit this gas buddy sends thoughts and prayers
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Petrock
Champion Author Lexington

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Message Posted: May 21, 2013 5:57:31 AM

We are not at a record yet, but our prices had to jump up $0.20 a gallon last night! Sympathetic gouging I suppose.
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Toppers
Champion Author Atlanta

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Message Posted: May 21, 2013 5:57:23 AM

They need to!
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bikerWI
Champion Author Milwaukee

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Message Posted: May 21, 2013 5:57:18 AM

I don't prices going anywhere but up.
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LeeFree
Champion Author Pittsburgh

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Message Posted: May 21, 2013 5:56:55 AM

Any higher and people in border towns will start driving to Canada for their gas instead of vice versa.
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chuckohio
Champion Author Columbus

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Message Posted: May 21, 2013 5:56:44 AM

When will the prices come down.
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cheapertvs
Champion Author Richmond

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Message Posted: May 21, 2013 5:56:11 AM

We need to see ALL pump prices drop. BIG OIL could help in this effort, but I would be surprised if they even lift a finger. We need a usurious export tax put in place to hold BIG OIL accountable for their activities.
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RichWLIN
Champion Author Indiana

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Message Posted: May 21, 2013 5:54:40 AM

Just trying to test the $4 level again. Get used to it and it will stay.
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bpj13
Champion Author North Carolina

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Message Posted: May 21, 2013 5:54:07 AM

Way too high.
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AvantiMick
Champion Author Indiana

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Message Posted: May 21, 2013 5:53:40 AM

Not here!
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mnrick041
Champion Author Twin Cities

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Message Posted: May 21, 2013 5:53:10 AM

Still at $4.39 here, has not gone down yet.
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Redink
Champion Author Indianapolis

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Message Posted: May 21, 2013 5:52:12 AM

I wish we only paid 3.50.
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epf
Champion Author Grand Rapids

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Message Posted: May 21, 2013 5:51:46 AM

I'd like to think I could hold someone accountable for these statements.
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kirzon484
Champion Author Atlanta

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Message Posted: May 21, 2013 5:50:46 AM

3.50 something is the new standard
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harleydoctor
Champion Author Kansas

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Message Posted: May 21, 2013 5:50:37 AM

We are getting it broke off in us hard......
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cookined
Champion Author Maine

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Message Posted: May 21, 2013 5:49:53 AM

BS
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jacob5066
Champion Author College Station

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Message Posted: May 21, 2013 5:49:49 AM

Old news
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4wheel
Champion Author Pittsburgh

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Message Posted: May 21, 2013 5:49:31 AM

old
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neptune2008
Champion Author Michigan

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Message Posted: May 21, 2013 5:47:56 AM

every time this is 'reported' it goes UP as it just did...20 MORE cents!
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WR-INC
Champion Author Twin Cities

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Message Posted: May 21, 2013 5:45:45 AM

Perilous? It comes too late?
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Alderaan
Champion Author Greenville

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Message Posted: May 21, 2013 5:41:30 AM

Hope it gets better.
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metrojeep
Champion Author Fort Worth

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Message Posted: May 21, 2013 5:41:11 AM

Old
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flsharktooth
Champion Author Jacksonville

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Message Posted: May 21, 2013 5:39:43 AM

How about not hiking the price in the first place? Oh that's right it's about the $
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lindact
Champion Author New Haven

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Message Posted: May 21, 2013 5:38:37 AM

Rising here...
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Z06KY
Champion Author Louisville

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Message Posted: May 21, 2013 5:38:17 AM

Going up here as of last night.
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Beau2140
Champion Author New York

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Message Posted: May 21, 2013 5:37:47 AM

Good for the midwest.
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Rick52
Champion Author Milwaukee

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Message Posted: May 21, 2013 5:37:25 AM

Slow ??? To what 0.05 a week ??? Instead of 0.10 a week ??
We are getting Screwed and Gouged here for no reason..
At these prices the Economy will never get moving..
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gravityhurts
Champion Author North Carolina

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Message Posted: May 21, 2013 5:37:06 AM

OK
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rjd1608
Champion Author Toledo

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Message Posted: May 21, 2013 5:35:57 AM

Commented yesterday
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aburns20
Champion Author Virginia Beach

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Message Posted: May 21, 2013 5:35:25 AM

Starting to see those price hikes here in the east now. Prices went up $.07/gal yesterday.
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silverfox63
Champion Author Michigan

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Message Posted: May 21, 2013 5:34:44 AM

You will have to show me instead spitting out this B.S. in this article.
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Lengas
Champion Author Gary

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Message Posted: May 21, 2013 5:33:56 AM

SHOW ME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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