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Pic-n-Pac Selects PriceAdvantage SMART

Fuel price management solution to help Pic-n-Pac become more efficient. PriceAdvantage, a division of Skyline Products, announced that Pic-n-Pac Convenience Stores has licensed PriceAdvantage SMART Fuel Pricing, a fuel price management solution, for its 15 stores in Texas. Pic-n-Pac will use PriceAdvantage on a subscription basis for a fully integrated fuel price management offering. “Pic-n-Pac

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VP Racing Fuels Signs as Official Fuel for TORC

Competitors to be powered by VP Racing Fuels. TORC (The Off-Road Championship), the nation’s premiere short-course, off-road racing series, has announced that VP Racing Fuels will be its Official Fuel for the 2014 season. All TORC competitors will be powered by the company’s high-performance racing fuels beginning with the April 5-6 ‘Duel in the Desert’

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Retail Gasoline Prices on Upward Trajectory

By Brian Milne, Energy Editor for Schneider Electric. U.S. retail gasoline prices are moving higher, with the ascent in position to continue into March even though gasoline demand so far in 2014 trails the year-ago period by 144,000 bpd or 1.7% per federal government data, with driving snarled several times in the heavily populated Midwest

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Lower Annual Trend for U.S. Gasoline Prices Reaffirmed

By Brian Milne, Energy Editor for Schneider Electric. The Energy Information Administration tweaked its latest forecast for retail gasoline prices in the U.S., adjusting lower its projection for the 2014 national average on expectations U.S. refiners would encounter reduced acquisition costs for crude oil this year. In its latest Short-term Energy Outlook, released Feb. 11,

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Futures Market Positions Retail Gasoline for Price Advance

By Brian Milne, Energy Editor for Schneider Electric The Energy Information Administration reported a modest 0.3cts dip in its national average for regular grade gasoline for the week-ended Feb. 3 to a $3.292 gallon seven-week low while four days later the gasoline futures contract rallied to a five-week high and US crude prices topped $100

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U.S. Gasoline Wholesale Costs Gain Final Week of January

By Brian Milne, Energy Editor for Schneider Electric Wholesale gasoline costs at major metropolitan markets across the U.S. advanced during the final week of January, boosted by greater-than-expected demand and an unexpected decline in inventory while exports increased. Higher costs for supply are set to push the Energy Information Administration’s U.S. retail gasoline price average

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Gas Customers Evolve in How They Shop for Price

“Consumers are always thinking about gas prices,” notes NACS vice president of government relations. Price remains the dominant reason why consumers buy gas at a particular location, but how consumers shop for that price is shifting, according to the results of a new consumer survey released today by the National Association of Convenience Stores (NACS).

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U.S. Gasoline Supply Climbs to Nearly Three Year High

By Brian Milne, Energy Editor for Schneider Electric Wholesale gasoline costs entered the final week of January mixed from prior week even as the benchmark futures contract gained 4.0cts over the same time frame, although price pressure will continue to be exerted over retail gasoline prices amid seasonal weakness. The Energy Information Administration’s U.S. retail

Freedom Energy First To Offer E-15 Fuel In Ohio

Ohio marks 14th state with E15. American Freedom Energy is the first retailer in Ohio to offer E15 to consumers for use in 2001 and newer vehicles. The expanded offering of E15 will create savings at the pump for consumers. Currently, E15 is available in 14 states across the country, and more and more retailers

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Gasoline Demand Seen Drifting Lower amid Snowstorms

By Brian L. Milne, Energy Editor, Schneider Electric Snowstorms are again enveloping the heavy population centers of the Northeast and Mid-Atlantic, with the winter weather expected to limit driving, retarding demand for gasoline which fell to a one-year low during the week that the “polar vortex” descended upon a large swath of the United States.

Kwik Trip Opens Two New CNG Stations

Kwik Trip is planning some 10-15 CNG locations in 2014. Kwik Trip Inc., a Wisconsin-based chain of convenience stores, has continued development of its industry leading fueling infrastructure for natural gas vehicles in the first quarter of 2014. In January, CNG sites in Eagan, Minn. and De Pere, Wis. were opened. Locations in Waterloo, Iowa;

GasBuddy Recognizes Lowest Gas Price Offerings

Costco and ARCO take top honors in annual survey. GasBuddy, a national gas price app, congratulates the top 25 lowest priced retail gasoline offerings, which together saved consumers millions of dollars on their yearly gasoline fill-ups in 2013. Each year, GasBuddy combs through nearly 35 million individual gasoline prices and compares each brand’s pump offering

MAPCO To Offer E15 in 2014

MAPCO Express Inc. is set to begin offering E15 fuel to consumers. MAPCO has set a goal of offering E15 at all pumps at 100 stations. “This is a major market breakthrough for E15,” said Bob Dinneen, president and CEO of the Renewable Fuels Association. “MAPCO is to be applauded for its unwavering commitment to

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Worrisome Jobs Data and Seasonal Pressure for Gasoline

Brian L. Milne, Energy Editor, Schneider Electric Stabilizing in the mid-$2.60 gallon range during the first full week of 2014, the New York Mercantile Exchange RBOB (gasoline) futures contract lent upside support for wholesale gasoline costs in several large metropolitan markets across the U.S. coming into the second week of January. The boost in gasoline

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Alternative Fuels Gaining Traction

While sales are increasing, the overall market share remains dwarfed by gasoline. By Brian L. Milne, Energy Editor, Schneider Electric U.S. vehicle sales in November 2013 at 1.243 million were at a 10-year high for a November, according to Edmunds.com, the car people. And, WardsAuto.com, which tracks global auto sales and trends, in December said

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Gasoline Costs Drop with the New Year’s Eve Ball in N.Y.

By Brian L. Milne, Energy Editor, Schneider Electric In financial trading for gasoline, the New York Mercantile Exchange RBOB futures contract with nearest delivery erased in short order a late December advance that peaked at a $2.8463 gallon 3-1/2 month high the day following Christmas in early trading in 2014 on sentiment gasoline demand would

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Gasoline Ending 2013 with Strong Demand Burst

BY Brian L. Milne, Energy Editor, Schneider Electric Preliminary data from the Energy Information Administration (EIA) shows unseasonably strong demand for gasoline during the fourth quarter, holding above the five-year average for nearly all weeks during the last three months of the year after keeping below the seasonal average consistently during the first six months

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Diminished Upside Price Pressure for Gasoline Expected in 2014

By Brian L. Milne, Energy Editor, Schneider Electric Reformulated Blendstock for Oxygenate Blending gasoline futures traded on the New York Mercantile Exchange fell to a one-month spot low Dec. 13 at $2.6152 gallon, pressured on building supply and weakening demand. NYMEX RBOB futures values are benchmarked against in the spot gasoline market and guides suppliers

InOvationTV Media Available In Wayne Ovation Dispensers

Wayne and GSTV expand integration of video at the pump nationwide. Gas Station TV (GSTV) and Wayne, A GE Business and a global innovator of fuel dispensers and forecourt technologies, announced a new agreement that expands the availability of the inOvationTV media platform and its GSTV-exclusive TV content to any gas retailer nationwide, regardless of

Climbing Wholesale Costs to Push Retail Gasoline Prices Higher

By Brian L. Milne, Energy Editor, Schneider Electric The U.S. retail average for gasoline prices is poised for an increase coming into the second week of December after the Energy Information Administration (EIA) reported a 2.1 cents decline to $3.272 gallon in its national average for the week-ended Dec. 2 amid higher wholesale costs, especially

TruStar

TruStar Energy Breaks Ground On CNG Fueling Station

“The goal of Public Works and the City and County of Denver is to operate a fleet of vehicles that minimizes environmental impact,” says manager of Denver Public Works. TruStar Energy has announced the groundbreaking of a large time-fill / fast-fill CNG fueling station for the City of Denver. The station is slated for completion

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Manufacturing Gains Boost Crude, Gasoline Contracts

By Brian L. Milne, Energy Editor, Schneider Electric RBOB gasoline futures trading on the New York Mercantile Exchange moved higher with the West Texas Intermediate crude contract in trading on the first day of December following the Thanksgiving Day weekend, with the upside lent support from an unexpected expansion in manufacturing activity in the U.S.

The Modern Gas Station Celebrates 100 Years

Gulf Refining Co. opened the nation’s first drive-up service station in Pittsburgh on Dec. 1, 1913. While fueling stations existed before 1913 — after all, Karl Benz is credited with inventing the first gasoline-powered automobile in 1885 — fueling was far from convenient a century ago. Early fueling sites were a patchwork collection of pharmacies

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Iran Deal Pressures Gasoline Futures

Brian L. Milne, Energy Editor, Schneider Electric On the heels of a fresh upside technical breakout on the charts, the nearest delivered gasoline futures contract trading on the New York Mercantile Exchange was under selling pressure following news over the weekend Iran reached a deal with the permanent members of the United Nations Security Council

U.S. Retail Gasoline Average Drops as Crude Supply Builds

Brian L. Milne, Energy Editor, Schneider Electric The Energy Information Administration (EIA) said its U.S. gasoline price average for regular grade sold at retail outlets across the U.S. dropped 7.1 cents to its lowest point in two years, eight months at $3.194 gallon during the week-ended Nov. 11, with the average down 25.5 cents from

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