Gas Prices Trend Upward

Ongoing tension in the Middle East along with a switch to summer-blend gasoline are behind the uptick. The national average price for a gallon of regular unleaded gasoline hit $2.39 on April 10, a six-cent increase from the previous week and 35 cents greater than this time last year, according to AAA. It marks the

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Consumers Remain Optimistic

Economic optimism up 15 points over last year. Consumer sentiment continues to trend toward a positive outlook in April 2017. Economic optimism this month held steady, with 59% of gasoline consumers saying that they feel optimistic about the U.S. economy, according to the latest Consumer Fuels Survey released by NACS. Across all parts of the

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Ethanol Fuels Show Promise

Fuel sales have been the backbone of gas station operations since rumble seats were considered extreme in the 1930s. Today, that fact still remains as 80.1% of convenience stores (123,807) sell motor fuels, according to the “2017 NACS/Nielsen Convenience Industry Store Count Study.” Of course, in some 90 years of fuel trends, one of the

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How To Succeed With Day-Part Fuel Pricing

New research shows 30% of fuel retailers use strategy to hit margin targets. PriceAdvantage, a fuel price management software company and division of Skyline Products, has released a new research report that provides insight into dynamic, day-part fuel pricing. The research report was produced in collaboration with Schneider Electric, Petroleum Pricing Consultants, and Convenience Store

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Sunoco LP Introduces Sunoco Ultratech

New top tier fuel blend to help keep engines clean and running efficiently. Sunoco LP is introducing Sunoco Ultratech, a high detergent fuel blend, starting April 1, 2017 across all grades of gasoline at every Sunoco station across the country. The introduction of Sunoco Ultratech is the company’s latest effort to provide customers with the

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Mexican Fuel Deregulation Causing Ripples

The shakeup in Mexico is related to the election of President Donald Trump and the future of the North American Free Trade Agreement, which is now up in the air. A rise in Mexican gas prices is having a ripple effect on the U.S. side of the border, according to the Texas Food and Fuel

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Trends Watch: Diesel to Continue Climb in 2017

By Jon Scharingson, Renewable Energy Group Inc. You don’t need me to tell you that 2017 comes with uncertainty for people in the fuel business as we wait to see how federal policies shake out. But talk to Allen Schaeffer, executive director of the nonprofit Diesel Technology Forum, and you come away confident that diesel

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Is Domestic Oil Production Set to Rise?

Gas prices fall amid ample supply and decreased driving demand. The average national price of gas has continued to decrease for 21 straight days. AAA reported that the national average price for regular unleaded gasoline is $2.27 per gallon (as of Jan. 30), down four cents compared to last week, and down five cents compared

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BP: ‘Energy Transition Underway’

Global energy demand to increase by around 30% to 2035, driven by increasing prosperity in developing countries, partially offset by rapid gains in energy efficiency. BP released its energy outlook, including on electric cars, which are expected to grow from 1.2 million (2015) to around 100 million in 2035, which is only around 5% of

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Fuel Savings Rank As Top Loyalty Reward

A new Excentus Survey finds 37% of consumers prefer fuel discounts over other rewards. For the second year in a row, American consumers have identified rewards that help them save on the everyday cost of fuel as their preferred loyalty program currency. Findings from Excentus’ new “Road to Rewards Revisited” annual survey and report also

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Fuel Institute Report Examines Fuel Chain Challenges

Study looks to give influential stakeholders a fundamental understanding about how the market functions today. The Fuels Institute has released a new report, prepared by Stratas Advisors, that examines the U.S. fuel supply chain and the challenges that exist for achieving higher adoption rates of biofuels. The report shows that the U.S. liquid fuel distribution

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Pump Prices Continue Rise

Only four states are posting average gas prices below $2 per gallon. The national average price of gasoline has climbed for 14 straight days to $2.21 per gallon, according to a report by AAA. The uptick follows the OPEC oil production agreement set on Nov. 30. The national average 20 cents higher compared to this

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AAA Predicts 43.5 Million To Road Trip This Thanksgiving

Twelve states see gas price averages dip below $2. With gas prices at a low $2.14 per gallon, AAA forecasts that some 43.5 million Americans will road trip for Thanksgiving this year. At $2.14 gas prices are the second cheapest they have been for the holiday since 2008 when the national average was $1.85. Pump

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Colorado Tests Alternative To Gas Tax

A pilot program tests a recording and payment system based on miles driven. Colorado is rethinking its 22-cents-per-gallon gas tax, which is less effective in generating revenue today as vehicles continue to gain better mileage per gallon. The Denver Post reported that beginning in December, The Colorado Department of Transportation (CDOT) is rolling out a

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TruStar Energy to Open Public CNG Fueling Station

TruStar is continuing to expand CNG across the country by opening Cincinnati’s first public CNG station. TruStar Energy has announced the ground breaking of Kentuckiana Cleanfuel’s public CNG fueling station, the first public CNG fueling station in Cincinnati, Ohio. The public station, located at 2490 Commerce Boulevard in Sharonville, Ohio, will feature three dual-hose dispensers,

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TruStar Energy Opens New CNG Fueling Station in Oregon

TruStar Energy has now opened a new CNG fueling station for Rogue Disposal & Recycling. TruStar Energy recently announced the grand opening of Rogue Green Fuels LLC, a new compressed natural gas (CNG) fueling station for Rogue Disposal & Recycling Inc. The new station is located at 1125 Anthony Way in White City, Oregon, and

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Gas Prices Creep Higher

A number of factors are causing fuel prices to fluctuate. Despite the switch from summer to winter blend gasoline and the surplus of crude oil supplies, fuel prices have increased slightly over last week. According to AAA, as of Mon., Oct. 3, 2016, the national average price for gasoline was $2.22 per gallon, two cents

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Empire Petroleum Merges with Arkansas Valley

Empire Petroleum has expanded its array of branded fuel partners through its merger with Arkansas Valley. Empire Petroleum Partners LLC and Arkansas Valley Cos. are merging their assets. This merger will enhance Empire’s fuel volumes in Oklahoma as well as strengthening its relationships with its branded partners, such as ConocoPhillips. The merger will also add

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U.S. Gasoline Market’s September Surprise(s)

Fuel marketer intelligence: supply chain dynamics to retail fuel prices. By Brian Milne, Editor, Schneider Electric In a year when soothsayers’ crystal balls are as foggy as London in November, September encompassed a few unexpected surprises for the U.S. gasoline market that underpinned gasoline prices and sharply cut down an inventory surplus. This was especially true

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Kum & Go Offers Discounted E-15

Kum & Go offers discounted E-15 at nine Iowa locations. On Sept. 30, 2016, Kum & Go offered E-15 fuel for $1.15 per gallon at several Iowa store locations. The promotion ran from 6 a.m. to 6 p.m. at a number of stores in Cedar Rapids, Iowa and the Iowa City-area. E-15, a fuel blended

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C-Store Executive Shares Why Biodiesel is Good for Business

By Jon Scharingson, Renewable Energy Group Inc. A lot of times in this space, I tell you why offering biodiesel makes good business sense for convenience stores. This time, I’m going to let someone else do the talking — namely, a representative from a large c-store company that has experienced the benefits of biodiesel blended

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Empire Petroleum Acquires Sunshine Fuel’s Distribution Rights

Empire Petroleum enters into new markets through its acquisition of Sunshine Fuel’s distribution rights. Empire Petroleum Partners LLC has successfully acquired the Missouri, Oklahoma and a portion of the Kansas wholesale distribution rights of Florida-based Sunshine Fuel LLC. Sunshine is a distributor of branded fuels to gas stations in the Kansas City market as well

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Kum & Go Hosts Promotional E-15 Offering

Four Kum & Go stations offered discounted E-15 fuel to encourage consumers to fill their tanks with something new. On Wed., Sept. 28, Kum & Go offered E-15 fuel for $1.15 per gallon at four Sioux Falls-area locations. The following locations offered the discounted fuel from 6 a.m. to 6 p.m.: Store 620 – 412

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Kum & Go Offers Discounted E15 at Select Nebraska and Iowa Stores

Select Nebraska stores offered E15 for $1.15 per gallon during a one day promotion. From 6 a.m. to 6 p.m. on Fri., Sept. 23, Kum & Go offered E15 fuel for just $1.15 per gallon at several Nebraska and Iowa Kum & Go locations. E-15, a fuel blended with 15% ethanol and 85% gasoline, was

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Year Over Year Fuel Savings Margin Diminishing

Dramatic fuel price increases were recorded in a number of states over the past week. The year over year savings gap is diminishing as the national average price per gallon of regular unleaded gasoline has risen to $2.21. The current national average represents only a nine cent savings over last year, and it is also

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