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Retail Gasoline Prices at 11-Week High

Brian L. Milne, Refined Fuels Editor, Telvent DTN A string of refinery outages in late July, early August continues to drive retail gasoline prices higher, with the U.S. retail average gaining for five straight weeks through Aug. 6 to reach an 11-week high at $3.606 gallon per the Energy Information Administration’s (EIA) weekly survey. Since

ethanol

Ethanol Industry Touts Lower Gas Prices with New “Open Road” Ads

Following on the success of its long-running “Right Here, Right Now” ads, the Renewable Fuels Association (RFA) is debuting a new ad which focuses on ethanol’s ability to lower gas prices at the pump and offer consumers relief in a difficult economy. The “Open Road” campaign is the first of its kind, focusing on ethanol

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Gasoline Prices in Uptrend Through Labor Day

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices made sharp gains in late July, early August, and there’s more upside left in the cash market, which will filter through to retail outlets across the U.S. Absent a steep selloff, retail gasoline prices are poised to move higher in most U.S. metropolitan

gilbarcopumps

Gasoline Prices to Jump in Upper Midwest on Outages

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices countrywide remain on an upward trajectory, while pump prices in the upper Midwest metropolitan markets are set to surge after operational issues cut oil refining activity. Nationwide, retail gasoline prices are set to extend July’s upside push into August after consistently declining during

fuelnozzle

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

fuelpump

Retail Gasoline Prices Seen Sliding Again

by Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration (EIA) should report its tenth consecutive weekly decline in the U.S. national average for regular grade gasoline sold at retail outlets Monday (6/11), with the previous average of $3.612 gallon on June 4 a nearly four-month low. The EIA’s average shows gasoline

fuelpumpWEB

Gasoline Prices Tumble as Economic Growth Slows

By Brian L. Milne, Refined Fuels Editor for Telvent DTN From the Friday before Memorial Day to June 1, the gasoline futures contract took a 23.61 cents or 8.2% plunge in value, with the contract early Monday (6/4) trading at its lowest point in 2012 at $2.5971 gallon. The precipitous drop came with a host

gilbarcopumps

Gasoline Futures Up From Four-Month Low

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Gasoline prices in spot market trading following the Memorial Day weekend were moving higher alongside an advance by gasoline futures known as the Reformulated Blendstock for Oxygenate Blending contract that trades on the New York Mercantile Exchange. Trading has been relatively thin so far in post-holiday

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

shellpumps

Shell, BI-LO Team To Help Customers Save

Charleston customers can now redeem My BI-LO BONUSCARD fuelperks! Rewards at local Shell stations. BI-LO and Shell have teamed up to give My BI-LO BONUSCARD Cardholders the opportunity to redeem their fuelperks! Rewards at participating Shell stations in Charleston, S.C. Savvy consumers who use their My BI-LO BONUSCARD at participating BI-LO stores will now be

fuelnozzle

Wholesale Gasoline Prices Dive Lower on Industry News

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices moved sharply lower during the third week of April, coming under heavy selling pressure as those in the market not hedging liquidated long holdings on growing sentiment that there will be enough supply this summer to avoid a tight market. There were a handful

gasnozzle

Renewable Fuels Hearing Set For This Week

House Subcommittee to hold hearing on renewable fuels liability bill. This Thursday, Chairman John Shimkus (R-IL) of the House Subcommittee on Environment and the Economy will hold a hearing on the “Domestic Fuels Act of 2012” (H.R. 4345), which would provide a legal and regulatory pathway for retailers to sell EPA-approved fuels including E15. Witnesses

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Still More Upside for Retail Gasoline Prices

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. retail gasoline average for regular grade snapped more than two months of consecutive gains, inching down 0.2 cents to $3.939 gallon on April 9 which made it the second weekly decline in the average out of the past 16 weeks

co-branding

Co-Branding Positives and Pitfalls

As rising gas prices continue to shrink profits at the pumps, having a strong foodservice offering can drive customers into convenience stores. By Marilyn Odesser-Torpey, Associate Editor. A growing number of retailers are choosing to go the brand name route, partnering with high profile quick-service chains or turnkey commissary-style suppliers. Convenience Store Decisions asked some

fuelpump

U.S. Gasoline Average Just Shy of $4 Per Gallon

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The national gasoline average for regular grade provided by the Energy Information Administration (EIA) is rapidly approaching $4 gallon, reaching $3.941 gallon on April 2, which was the tenth consecutive weekly increase in the average. Moreover, the average has increased in 14 of the last 15

gasnozzle

AAA Fuel Gauge Report Shows Gas Price Volatility

Prices at the pump climb in Massachusetts and Hawaii, but drivers in Michigan and Chicago see minor relief over last week’s prices.   The national average for gasoline sits at $3.93 per gallon as of April 8, with some states seeing small dips in price this week and others facing price climbs, according to AAA’s Fuel

shell station

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

fuelpumpWEB

Retail Gasoline Tops $4 Gallon in Markets in Several States

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Based on a report delivered by the Energy Information Administration to a Senate Committee in late March, more than a dozen states have at least one community in which retail gasoline prices have topped $4 gallon. All of California, Alaska and Hawaii are paying more than

fuelWEB

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

fuelWEB

Price Trajectory Suggests $4 Gallon US Gasoline Average in April

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices in the U.S continue to move higher and climbing wholesale costs in most major metropolitan markets through mid-March show the trend will continue into April. Moreover, the swift increases in gasoline costs that are being passed through the supply chain suggest the U.S.

gasnozzle

Early Seasonal Peak for Gasoline or More to Go?

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices continue to advance, with the Energy Information Administration’s (EIA) U.S. average for regular grade surging 7.2 cents to a $3.793 gallon nine-month high as of March 5, with further gains to again hike the average when next released. View Telvent DTN’s Weekly and

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Parker’s Launches New Smartphone App

Customers offered special promotions, instant fuel pricing information using their iPhone, iPad, BlackBerry or Android platform. The Parker Cos., based in Savannah, Ga., has released a free app for iPhone, iPad, BlackBerry and Android users. The user-friendly app provides customers with a full-range of interactive services. This free mobile app offers a convenient Parker’s store

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BP Unveils New Customer Loyalty Technology

Oil company’s Pump Rewards platform allows customers to redeem cents-per-gallon rebates to save on gas purchases. BP Products North America Inc. announced today the launch of Pump Rewards, a new payment technology that lets loyal BP customers earn cents-per-gallon rebates and redeem them at BP gas stations to experience an instant rollback of gas prices.

fuelpumpingLARGE

Bullish Geopolitics Overpower Bearish Gasoline Demand

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. average price for regular grade gasoline spiked to a $3.721 gallon 8-1/2 month high on Feb. 27, and is poised for a further advance despite mixed wholesale costs in early March. Retail prices have never been this high this early

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Ricker Oil Launches Rewards Program

Ricker’s Rewards card connects to customers’ checking accounts, so they can use the card like a debit card for discounts on in-store and gasoline purchases. Ricker Oil Co. is launching a rewards program this week to drive traffic and help customers battle escalating gas prices, the Indianapolis Star reported. The Ricker’s Rewards loyalty program offers

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