exactly...start graphing date versus wholesale futures increase and your local gas price increases. They call it ‘futures’, which I thought were 30+ days out for delivery.....the price at the pumps reflects that futures increase within 24 hours and that gasoline (in the future) isn’t even in the tanks at the refinery yet for delivery, but we pay like it’s already there in the tanks in the ground at the stations.
Just a nickel? Here in NW Indiana we saw a 12-15 cent jump yesterday...up to $3.75/gal. (BTW...We’re in the backyard of BP’s Whiting refinery.)