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dan45mcc

Whats wrong with Missouri? 9.8% Price Spread

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Kind of wondering that myself.  Some stations that had great price spreads have dropped quite dramatically.  Though I don't know about MO being a 'corn' state...last I looked, it was 9th or 10th on the list.

 

Got word today from a friend, regular gas is now $1.98, best price I saw for E85 when I was there this past weekend was $1.89.

 

I think volatility is going to be the rule of the day for a while...at least until the market get adjusted to the sudden 'new' atmosphere.

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Guest colchiro

Many of these stations also had a very nice spread when gas prices approached $4 so it doesn't bother me.

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I live on the west side of St. Louis and we finally have E85 @1.79 down from 1.99 where it stayed at many stations in the area for probably 2 yrs. not sure why but finally some downward pressure.  Next is E15 in the area and it hopefully doesn't take another 2 yrs.  Can't wait!!

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The Andersons now have E85 at the rack in STL, which dropped the price substantially over the terrible prices seen for years. They have already signed-up numerous stations, and we are trying to get some that switched away from E85 to go back. There are also several slated in the future thanks to various other efforts. It appears the STL market will provide a fresh start to E85 soon.

 

Robert 
RFA

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The main reason for Missouri's woes is MFA Oil. They have went from 120 E85 stations to around 40 now (according to them), and refuse to incorporate margins consistent with unleaded. The last time I met with them was a few months ago, and nothing has changed. The only reason the price spread in Missouri is not worse is because of Kum & Go venturing into the state, and the recent events in STL.

 

Robert

RFA

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