Gasoline Prices Climbing Sharply across U.S.

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices are poised for sharp increases across the country in early April following big gains in the wholesale market right in front of the Easter holiday, which follows mostly flat to lower prices at many local stations in late March. Driving the advance in

Michigan Retailers Meet for Annual Spring Convention

Michigan’s Petroleum Association and the Association of Convenience Stores held its annual spring convention and trade show last week as Michigan lawmakers considered new taxes on gasoline and diesel fuel, which the group opposes, WZZM13 News reported. The convention’s educational sessions covered topics ranging from the state of health care to preventing recession theft and

Gasoline Price Gains Blossom with Spring’s Arrival

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Advancing wholesale gasoline costs midway through March were pared on the last day of winter, but consumers in most metropolitan regions across the U.S. will still see prices at the pump taking an escalator ride higher. The market is in the grips of a typical seasonal

Georgia Bill Allows Gas Price Increase In Emergency

The Georgia state Senate has passed a bill that would allow station owners to charge higher prices for gas the moment an emergency is declared, the Atlanta Journal-Constitution reported. The bill comes less than two years after Gulf hurricanes caused a run on gas, as well as price gouging. The Governor’s Office of Consumer Affairs

Fuel’s Price March Higher Briefly Stalls

Brian L. Milne, Refined Fuels Editor, Telvent DTN The price strut higher in wholesale gasoline costs stalled midway through March, slowing the advance in retail prices that have surged to fresh highs earlier this month. Weekly price data from the federal government’s Energy Information Administration showed a US retail average for regular grade at $2.751

Retail Gasoline Climbs as Wholesale Costs Mount

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale costs for gasoline moved sharply higher during the first week of March, pushed up primarily by technical trading underpinned by bullish sentiment. Gasoline exports to Canada and Chile also supported a higher wholesale market. Higher wholesale costs are seen pushing retail gasoline prices up across

Retail Gasoline Prices Moving Sharply Higher

Brian L. Milne, Refined Fuels Editor, Telvent DTN A recent government report showed inflationary pressure coming from higher gasoline prices in January, highlighting the impact of last month’s early surge in prices at the pump. Retail gasoline prices fell from early January highs, and inflation is not a near-term threat. In fact, the Consumer Price

Stewart Shops Profit Grew 10% In 2009

Stewart Shops saw overall sales fall in 2009 due to a decline in gas prices, but in-store sales and profits grew for the year, company officials told the Albany Business Review. Sales in 2009 for Saratoga Springs, N.Y.-based Stewart’s, which has 327 stores in upstate New York and southern Vermont, totaled $1.26 billion, compared to

Boost in Crude Costs to Offset Pass Through Savings

Brian L. Milne, Refined Fuels Editor, Telvent DTN Weekly gains in the gasoline wholesale market driven by higher crude costs leading up to the Valentine’s Day weekend will interrupt the national decline in retail gasoline prices midway through February. The U.S. average price for retail gasoline prices had decreased for four consecutive weeks through the

Tennessee Fuel Prices Drop

Gas prices in Tennessee have dropped nearly 10 cents a gallon since the beginning of 2010, the Memphis Business Journal reported. The fall mirrors the average price per gallon in the U.S., which also has declined, according to reports from AAA Auto Club South. The average price per gallon in Tennessee for regular unleaded is

Bumpy Ride for Gasoline Prices

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The first week in February saw the most price volatility in the wholesale gasoline market since late September 2009 when crude oil started its march higher into October and pulled fuel prices up too, with wild price swings triggered during periods of market uncertainty. Interestingly though,

Gas Prices in Maryland Up 20 Cents Per Gallon

Oil prices experienced a rare dropped this week, causing gas prices to decline about one cent per gallon, Maryland’s NBC25 News reported. Meanwhile, gas prices in Maryland are up about 20 cents compared to last month. Retailers report that fluctuating gas prices have prompted some drivers to decrease their mileage and, regardless of frustrated customers, retailers

Pullback in Wholesale Costs Leads to Fuel Price Decline

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Better than a nickel decline in wholesale prices for metropolitan markets across the U.S. during the weekly period ended on Martin Luther King Jr. Day will arrest the rapid increase in retail gasoline prices seen since late 2009. The U.S. average retail price for regular grade

Fuel Rising Fast

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The average price for regular grade gasoline sold at retail outlets across the United States is poised to climb to a 15-month high early this week when government pricing data is released, with the Jan. 4 average reported at a $2.665 gallon two-month high. A 3-cent

Should Customers Pay For Air?

Gas stations in Connecticut are being called out for disobeying a law that says it’s illegal for motorists to pay for air in the state, The Day reported. Across the nation, gas stations have been adding coin-operated air compressors for the customers to use to inflate tires, but while Connecticut stations are allowed to use

New Forecourt Moves

Though gas prices have dropped significantly from a year ago, forecourt-driven sales are still a challenge for many convenience stores because people aren’t buying gas as freely as they did several years ago. The reason? Our troubled economy makes it tough for many to afford the long car trips. Fewer trips mean fewer opportunities to

Can Packaging Boost Sales?

The Anti-Styrofoam Brigade C-store retailers beware. If the current political and regulatory trends continue, you may have to find an alternative packaging that doesn’t contain Styrofoam, and fast. Because non-biodegradable garbage threatens more and more marine and coastal ecosystems as it continues to accumulate in the world’s oceans, California legislators have introduced a bill that

New Jersey ExxonMobil Dealers Unite

By John Lofstock, Editor When ExxonMobil Corp. announced last June that it was getting out of direct-store operations, dealers of its venerable retail brands found themselves at a crossroads. They could either be on the receiving end of the deed to their own properties or be forced to work with a new master and an

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Multiculturalism in the Marketplace

With the election of the nation’s first African-American president, the time is right to get a better understanding of our consumer base to make sure we’re meeting their needs. Things have been quite difficult for most Americans this holiday season. There have been thousands upon thousands of job layoffs, though the retail sector has weathered

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