I concluded Corner station goes into suspended animation in No Man's Land by suggesting that I take a break from watching gas prices.
[T]he corner station charged into No Man's Land last Thursday, raising its price to $3.99. By Saturday, it had dropped down to $3.95. Normally, it would have matched the rest of the stations by now, but it hasn't. The reason is simple; the station is closed for construction, so it's not changing its price. It went into suspended animation on the battlefield. I think this series might go into hibernation with it.Last Saturday, the corner station opened up again and promptly raised its price to $3.99. Off to No Man's Land! By Sunday, it had lowered it to $3.95. Yesterday, it had matched the rest of the neighborhood stations at $3.85. Throughout this entire episode, they kept their prices where they have been for a couple of weeks.
According to GasBuddy, that's exactly where they belong, as the metro Detroit average has been $3.95 for the past three days and the local stations normally are a dime cheaper. Prices aren't going down any time soon. If anything, they might go up based on the slight increase in the national average from $3.63 to $3.66 during the past week as well as the increase in crude oil prices Calculated Risk noted two days ago.