{ "title": "What Georgia and Indiana's tax holidays tell us about what's next for margins", "modified_at": "2026-06-18 09:47:02", "published_at": "2026-06-18 09:44:00", "url": "https://upside.prezly.com/what-georgia-and-indianas-tax-holidays-tell-us-about-whats-next-for-margins", "short_url": "http://prez.ly/ISId", "culture": "en", "language": "EN", "slug": "what-georgia-and-indianas-tax-holidays-tell-us-about-whats-next-for-margins", "body": "

Upside just published May Fuel Trends and the state-level gas tax holiday data is directly relevant to what happens to stations over the next 30–60 days as the Strait reopens.

Short version: Georgia waived 33.3¢/gallon, and only 27.3¢ made it to the pump — over a month later. Indiana waived 59.3¢, saw 28.2¢ in relief. In both states, stations ended the period earning below-national-average margins. Not excess profits — recovery. That's the more useful frame for thinking about how rack price normalization will actually flow through, and when.

Nationally in May: sign prices and rack prices both up 30+ cpg, Midwest and Northeast margin gains mostly catch-up from three consecutive months of compression. We have all of it at the station level.

Dr. Thomas Weinandy authored the analysis and knows this data cold — if you want to get into any of it with him, let me know and I'll set it up.

Thanks for your time.

 

Best,

 

Jane Coloccia
\u200bJC Communications
\u200b917-930-0062
\u200bJane@JCCommunicationsllc.com

 

 

", "author": { "first_name": "Jane", "last_name": "Coloccia" }, "format_version": 5 }