fuelnozzle

Wholesale Gasoline Mostly Higher Through Labor Day

By Brian L. Milne, Refined Fuels Editor for Telvent DTN Still feeling the impact from last month’s Hurricane Irene, wholesale gasoline costs in most metropolitan markets across the United States moved higher Labor Day, the celebrated end to the summer driving season. Irene made a rare appearance by a hurricane in the Northeast, impacting the

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Wholesale Gasoline Costs Mixed in Mid-August

Wholesale gasoline costs were mixed through the week-ended Aug. 22, while the New York Mercantile Exchange September RBOB (gasoline) futures contract edged higher. In California, wholesale gasoline costs moved up on a sharp drawdown from state specific gasoline inventories, while in the Midwest costs were higher as refining activity eased. Gasoline costs in the Northeast

Cefco

CEFCO Opens Prototype Unit in Texas

A crowning achievement of the CEFCO organization, the new store is the next generation of store design and guest experience. It incorporates a number of innovative operational enhancements made possible by an open, fresh design with modern treatments and upgraded finishes. “We are tremendously proud of what the newest CEFCO store means to the organization,”

valero

Valero Donates $3 Million to Feeding America

Valero Energy Corp. has donated $3 million to Feeding America, as part of its “Fill Up to Fight Hunger” campaign. Motorists across America fought hunger in their communities simply by filling up with fuel at participating Valero-branded outlets for the past three months. For each 8-gallon fuel purchase made at a participating Valero outlet, Valero

fueling awareness

Fueling Awareness Pink Ribbon Apparel Campaign Back for October 2011

GKdirect (formerly Lion Uniform Group) is excited to once again offer pink ribbon apparel this year for the annual Fueling Awareness, an Industry United for a Cure campaign. In workplaces across the country, employees will wear company-branded pink ribbon Awareness Apparel to show their commitment to a cure for breast cancer. Many convenience stores large

fuelnozzle

C-Store Visits Decline As Gas Prices Grow

In the second quarter of 2011, due to rising fuel prices, convenience store traffic declined by 4% compared to same quarter year ago, according to The NPD Group. Historically when gas prices rise convenience store visits decline and history held true in the second quarter of 2011 when, due to rising gas prices, convenience store

gilbarcopumps

Wholesale Gasoline Costs Start August Mixed

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs across the U.S. ended the final week of July mixed with a downward bias, which should arrest the gradual increase in retail pump prices in many metropolitan markets. That follows four consecutive weeks in which the U.S. average retail price for regular gasoline

pumpinggas

SymphonyIRI Examines Consumer Gas Price Woes

Shoppers battered by the recession are much less willing to absorb high gas prices and increasing store prices. Just as the CPG industry was beginning to show signs of growth, a new hurdle emerged: rising gas prices. With national gas prices 40% higher on average today than a year ago, many shoppers are having difficulty

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Whole Gasoline Costs continue Lower as Market Frets over Demand

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Initially moving up and reaching a two-week high on June 15, New York Mercantile Exchange RBOB gasoline futures reversed course and tumbled to a nearly one-month low on June 17, setting the stage for retail gasoline prices to continue moving lower. NYMEX RBOB futures serve as

fuel-truck

Developing a Fuel Strategy Amid Soaring Costs

High gas prices mean more headaches for retailers. Experts weigh in on the best ways to survive the market volatility. By Erin Rigik, Associate Editor. With gas prices skyrocketing, retailers are feeling the squeeze from every angle. But there are unique opportunities for savvy retailers to reduce fuel expenditures, which will afford them a better

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Wholesale Gasoline Costs Mixed While Retail Prices Slip

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs move mixed in our most recent weekly report, reflecting increasing available supply in some regional markets, namely Chicago, and worries over global oil supply tightness expected later this year. The latter was amplified after members of the Organization of the Petroleum Exporting Countries

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Worries Over Economy Pressuring Oil Prices

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs are again moving lower, pressured in early June by worry over economic growth highlighted by an increase in the U.S. unemployment rate in May. Poor results in manufacturing and housing detailed in recent data releases have also piled onto the heightening concern over the

hessexpress

Hess Joins Forces with Quiznos

Companies plan to open more than 50 new restaurants in Florida. Hess, operator of 1,350 gas stations and convenience stores in 18 states, reached a deal with Quiznos to open more than 50 Quiznos restaurants inside Hess locations in Florida. The partnership, the largest to date in terms of Quiznos convenience locations, is a significant

fuelpumpWEB

Gas Prices Rising After Slumping to Five-Week Low

Climbing wholesale gasoline costs are poised to push higher the U.S. regular grade retail gasoline average when the Energy Information Administration releases its survey results for May 31 from a five-week low of $3.849 gallon set on May 23, reversing two consecutive weeks in which the average fell by nearly 12 cents per gallon. The

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truenorth energy Selects FuelQuest

Partnering with FuelQuest, truenorth seeks to reduce overall fuel costs by automating inventory management and optimizing fuel inventory levels. Petroleum distributor and convenience store operator truenorth energy has selected FuelQuest’s Fuel Management System (FMS) and ForeSite to automate its fuel inventory forecasting, planning and dispatching to reduce operating costs, increase fuel margins and improve truck

fuelnozzle

GasBuddy.com Teams up with Pricelock

“Visitors to GasBuddy will now find solutions on this community-driven site, which will bring value to both retail and business customers,” says Pricelock spokesperson. GasBuddy.com, which allows customers to find low real-time retail gas and diesel prices in cities throughout the U.S. and Canada, has teamed with Pricelock, an online provider of fuel and risk

fuel pump

Fuel Prices Spur Uptick In Consumer Complaints

As gas prices increase, customers are paying more attention to the price at the pump and are quick to report concerns, the National Conference on Weights and Measures reports. As fuel prices rise, so do the number of consumer complaints at the gas pump, according to a recent survey of state weights and measures, where

shellpumps

Shell And Excentus Join To Offer Fuel Discounts

Gas station customers can look forward to cents-per-gallon fuel discounts at participating Shell stations nation-wide. Shell and Excentus, a provider of marketing programs and services using cents-per-gallon fuel discounts as the ultimate consumer reward, have announced the nationwide expansion of their alliance through an exclusive, long-term strategic deal. The relationship between Shell and Excentus aims

fuelnozzle

Gas Prices Soar Almost 34 Cents In 13 Days

California, which has the highest gas prices in the nation, has reached $3.89 for a gallon of gas. Gas prices continue to climb upward, spurred higher due to the turmoil in Libya, with crude oil prices moving above $106 per barrel in overnight trading, marking a two-and-a-half year high. The national average price for a

thorntons

Thorntons Launches ‘Gas Price Text Alerts’

New text message program from Thorntons helps customers save on gas. Thorntons Inc. is helping customers get a ‘jump on the pump’ before fuel prices change and giving them the opportunity to save hundreds of dollars a year on fuel costs, with the launch of a new text messaging program, Thorntons Gas Price Alerts. The

gilbarcopumps

U.S. Gasoline Prices Climb Amid Egyptian Uprising

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Gasoline price watchers should expect prices at the pump to again nudge higher in closing out January, pushed up by a surge in oil valuations in wholesale trading on Jan. 28 sparked by unrest in Egypt. The rally reversed what would have been a decline in

gasnozzle

Western Refining Wholesale Adds Fuel Price Solution

KSS Fuels’ RackPrice to help manage fuel prices for Western Refining Wholesale. Western Refining Wholesale, a division of Western Refining Inc., an independent refining and marketing company headquartered in El Paso, Texas, is set to use KSS Fuels’ RackPrice wholesale pricing solution to help it manage fuel prices at its wholesale locations. Western Refining is

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Gasoline Prices Continue Ascent

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices continued to move higher through mid January, climbing when values typically flounder near annual lows during a time of year when winter weather usually dampens driving demand. Gasoline demand is nearly 2% higher during the four weeks ending Jan. 7 compared with the

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CSD Partners with MSA and Paradigm Sample

In our ongoing effort to provide the most relevant and timely industry data, Convenience Store Decisions has reached a deal to serve as the excusive media sponsor of the new Convenience Consumer Insights Panel (cciPanel) launched last month by Management Science Associates Inc. (MSA) and Paradigm Sample. The cciPanel is the consumer research field’s first

Retail Gasoline On the Rise

Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration (EIA), the statistical arm of the Department of Energy, released an outlook projecting the U.S. retail price for regular grade gasoline will average $3 gallon in 2011-a price level previously seen as a breaking point for the American consumer. No more; with higher

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