VP Edit

VP Offers C-Stores A New Branding Program

VP Racing Fuels is in the process of creating alternative branding solutions for the retail industry. VP hired both Bryan Noonen and Matt Schuster to be regional mangers of branded wholesale business development because of their background on branding. VP expects to leverage the valuable industry expertise Noonen and Schuster acquired at past companies to

Rutter's Farm Stores edit

Rutter’s Gets New Pricing Solutions

Rutter’s Farm Stores integrates PriceAdvantage and OpenStore from the Skyline Products line to make smarter fuel pricing decisions. Rutter’s Farm Stores added PriceAdvantage and OpenStore to improve fuel price management and media marketing. The integration of PriceAdvantage and OpenStore help synchronize gas pricing across Rutter’s store POS, fuel pumps, electronic price signs, mobile apps and

gasnozzle

The Economy Cuts Both Ways on Gasoline

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices continue to decline as a host of bearish issues arise, while talks this week with Iran and the permanent five members of the United Nations Security Council plus Germany offer the prospect of further easing in the likelihood from this year’s greatest threat

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Service to the Fleet

With fuel costs again on the rise, a fleet card network can attract new business while offering fleet managers the safety, security and reporting tools they need to be successful. By Howard Riell, Associate Editor. Fleet cards are a nice piece of business for c-store operators. But the key to keeping that business growing is

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Missouri Proposes Rule to Warn Customers About Gas Price Increase

State lawmakers in Missouri are kicking around a proposal that requires convenience stores and gas stations to tell customers before the enact fuel price changes. This proposal is from a republican state rep from southwest Missouri, Ray Weter, according to St. Louis (Mo.) Today. The proposal would require fuel distributors to tell the stations in

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Wholesale Gasoline Costs Climbing on RVP Switch, Iranian Export Decline

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices, with regular grade averaging at a 10-month high of $3.867 gallon nationally per the Energy Information Administration’s (EIA) latest weekly release, is set to continue higher, with several analysts projecting a $4.10 to $4.15 gallon average before a retreat in pump prices. Throughout

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Clark Brands Grows West

Marketer is expanding its footprint beyond legacy states as it signs on independent operators. By Erin Rigik, Associate Editor Clark Brands LLC is pursuing an aggressive growth strategy in 2012, expanding from the Dakotas to Texas, from New Mexico to Michigan and all points in between, as more fuel marketers elect to join the Clark

fuelnozzle

Climbing Gasoline Costs to Push Up U.S. Retail Average

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs were mostly higher across major metropolitan markets in the United States for a second straight week, which should reverse the decline in retail prices, while fuel issues impacted drivers in Minnesota and North Dakota earlier this month. Kwik Trip said 13 of its

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Effectively Managing the Fuel Market

As gasoline prices trend upward, retailers are struggling to stay competitive on price while protecting their margin. By John Lofstock, Editor. The cost of fuel has been roaring up and down like a rollercoaster, and so has the risk to retailers when purchasing fuel in large quantities. Fortunes can be made by accurately predicting which

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Instant Rewards for Fuel Customers

With gas prices again on the rise, consumers are pumped about loyalty programs that offer discounts on gasoline. By Pat Pape, Contributing Editor. Today’s competitive retailing environment makes it tough to attract and keep customers, so convenience stores are turning to loyalty programs that allow the faithful to earn points as they shop and redeem

Retail Gasoline Prices Hold Near Highs as Thanksgiving Approaches

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The regular grade retail gasoline price average for the United States continues to hold near this year’s $2.905 gallon high reached in May, reported last at $2.892 gallon by the Energy Information Administration (EIA), boosted by tight supply in the Northeast and a weaker dollar. The

Wholesale Gasoline Costs Surge on Fed’s Quantitative Easing

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs were pumped higher by a sharp advance in New York Mercantile Exchange oil futures during the first week of November, with crude values spiking to a better than two-year high after the Federal Reserve announced a monetary policy aimed at spurring economic growth. NYMEX

Wholesale Gasoline Costs Slide into Late October

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs slid across the country’s major metropolitan markets ahead of the final week of October, falling amid a year-on-year supply surplus and tepid demand. The decline has been limited however, displaying uncommon contra-seasonal strength despite the weak state of fundamentals, propped up by a

Gasoline Prices Moving Higher in Early October

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Bucking the seasonal trend, retail gasoline prices are moving higher in early October following sharp increases in wholesale costs in a host of major metropolitan markets around the United States. Retail gasoline prices have averaged higher nationally in October compared with September in only two of

Chicago Gasoline Prices Spike on Pipeline Leak

Brian L. Milne, Refined Fuels Editor, Telvent DTN Reduced driving demand following Labor Day typically presses gasoline prices lower in September. There have been exceptions, such as when supply disruptions caused by a hurricane occur, with September the peak period for storm activity in the Atlantic Basin. US drivers should brace for another run higher

Retail Gasoline Prices to Edge Higher Ahead of Labor Day

By Brian L. Milne, Refined Fuels Editor, Telvent DTN After slumping to a 10-week low of $2.704 gallon on Aug. 23, the US average price for regular grade gasoline, all formulations, is poised to move higher in front of the Labor Day holiday weekend. Labor Day marks the end of the summer driving season, with

Susser Reports Q2 Results

Susser Holdings Corp. posted a second-quarter loss on debt-refinancing impacts but also reported stronger merchandise and fuel sales. Its same-store merchandise sales for the second quarter of 2010 increased by 3.1%, compared with growth of 2.5% in the first quarter of 2010 and 4.6% in the second quarter of 2009.  Retail merchandise margin increased to

Rally in Wholesale Gasoline Prices Hits Wall

By Brian L. Milne, Refined Fuels Editor, Telvent DTN When gasoline prices at the pump spike, consumers should realize that theses daily and weekly changes are muted when considering the extraordinary volatility in the wholesale market. This risk is primarily borne by wholesalers and retailers that look to more gradually pass on these costs to

Rallying Oil Futures Points to Higher Gasoline Prices

Brian L. Milne, Refined Fuels Editor, Telvent DTN July ended with a rally in wholesale prices for gasoline that either reversed or otherwise mitigated what would have been a decline in these costs for the last week of July. As a result, wholesale gasoline prices were mixed that will have a limited impact on pass

Fuel Prices Remain Volatile

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Gasoline wholesale markets remain volatile, rallying one day while selling off the next as market participants react to a slew of data ranging from oil’s supply-demand fundamentals, the stock market, debt issues and currency trading to weekly and monthly updates that gauge the economic health of

Retail Gasoline Prices to Renew Move to Upside

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices moved higher in metropolitan markets across the U.S., which will reverse the trend in retail prices since the middle of May from down to up. Broad-based economic data underpinned the higher wholesale prices, which continue to climb during the first day of summer.

Wholesale Gains to Arrest Retail Fuel Decline

by Brian L. Milne, Refined Fuels Editor, Telvent DTN Countrywide, wholesale gasoline prices were mixed for the week-ended Monday (6/14), with markets along the West Coast down slightly while increasing elsewhere in the U.S. The higher wholesale costs were triggered by gains in the financially traded oil futures market, with supply in the physical market

Retail Fuel Prices Edge Lower in Early June

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. average price for regular grade gasoline sold at retail outlets dropped nearly 18 cents or 6% from a May 10 multi-month high at $2.905 a gallon to $2.728 gallon on Memorial Day, a time when retail prices have typically surged.  The decline is less

Gasoline Prices Slipping into Memorial Day

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Gasoline futures known as RBOB (Reformulated Blendstock for Oxygenated Blending) that trade on the New York Mercantile Exchange tumbled 35cts or 14 percent from a 19-month high reached on May 3 to May 17, capping the uptick in retail prices ahead of the unofficial kickoff to

Wholesale Gasoline Prices Plummet After Confidence Shaken

By Brian L. Milne, Refined Fuels Editor, Telvent DTN On the first business day of May, the gasoline futures market which is used as a benchmark in pricing gasoline in the wholesale physical market, spiked to a 19-month high. Three days later on May 6, the gasoline futures contract tumbled 34.57 cents or 14.2% from

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