High’s Dairy Stores rolls out a new fuel price management solution at its c-stores. High’s of Baltimore Inc. chose PriceAdvantage, a fuel price management system, for its High’s Dairy Stores across Maryland. PriceAdvantage, a division of Skyline Products, will also help the company feed prices to their electronic price signs, VeriFone Sapphire POS and fuel…
Combating C-Store Theft
Typically, convenience stores can experience a few gasoline thefts a week. But when prices increase, some stores see several gas thefts a day. By Howard Riell, Associate Editor When times get hard, thieves get industrious and innovative. The response by convenience store operators must be twofold: extensive background checks on potential employees to weed out…
Gasoline’s Retail Price Slide Could Stall On Shut-ins, Policy
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. fell for the 13th consecutive week through July 2 and, at $3.356 gallon, are at a six-month low. So, just as one of the busiest travel periods in the US was underway during the July 4th holiday, retail gasoline prices were averaging at their…
Marathon Petroleum Files For IPO
Marathon Petroleum Corp.’s pipeline unit MPLX LP filed with U.S. regulators to raise up to $365 million in an initial public offering (IPO), Reuters reported. The limited partnership, recently formed by the refiner to own, operate, develop and acquire pipelines and other midstream assets, plans to list its common units on the New York Stock…
Phillips 66, 76 and Conoco Offer Gas Giveaways
Seasonal promotion features chance to win ‘gas for life.’ Leading gas station chains Phillips 66, 76 and Conoco are encouraging travelers to hit the road this summer through a seasonal promotion that offers drivers the opportunity to win free gas for life, among more than 6,000 other prizes. With automobiles as the primary means of…
NOCO Express Opens 34th Store
NOCO Express ‘excited’ to open its first store in Steuben County, NY-area NOCO Express, a family-owned and operated gas and c-store chain based in Tonawanda, N.Y., celebrated the grand opening of its newest location in Wayland, N.Y. This past June, NOCO purchased the former Acorn Markets. Today marked the grand opening of the store under…
Rutter’s Rewards One Customer’s Loyalty With Fuel
Rutter’s announced its first winner for its Register, Scan and Win contest for summer 2012. Rutter’s Farm Stores plans to give away eight years of free gas to its loyal customers this summer, and its first winner was announced this week. Gregory Ball of Dover, Pa. won Rutter’s Fuel Up Free Sweepstakes, earnng a year’s…
Retail Gasoline Prices Still Pointed Lower
by Brian L. Milne, Refined Fuels Editor, Telvent DTN Even with the rapidly approaching July 4th holiday, with holiday travel seen near the 2007 record this year, retail gasoline prices are continuing to decline as economic expansion cools and US unemployment remains high. Price watchers should expect the Energy Information Administration to report its twelfth…
Highlighting Weak Demand, EIA Lowers Price Expectations
by Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration (EIA) chopped 19 cents off the previous average it expected for U.S. gasoline prices this summer to a new $3.60 gallon estimate, while anticipating this year’s average for regular grade gasoline at $3.56 gallon and $3.51 gallon in 2013. That compares with…
Americans Favor Fuel From Grocery And Wholesale Markets, Study Finds
Traditional gasoline and c-store brands continue to sell the most gasoline, but consumers are increasing their tendency to fuel-up at grocers or warehouse retailers. A survey of 4,500 consumers, completed by Market Force Information, reports that Costco and Kroger are consumers’ favorite places to fill their gas tanks as of April 2012. The survey found…