Shell is hosting several “No Other Gasoline Protects Better” Gasoline Giveaways across the nation to celebrate the launch of its new Shell Nitrogen Enriched Gasolines. With advanced engine technologies increasingly coming to the market and consumers keeping their cars longer, Shell recognizes it is becoming more important for consumers to protect their vehicles from lower-quality
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
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices surged in February, with the futures contract soaring to a high last seen on July 28, 2011, with gasoline demand during the summer months the highest. The gasoline futures contract, called RBOB (Reformulated Blendstock for Oxygenate Blending) and trades on the New York
By Brian L. Milne, Refined Fuels Editor, Telvent DTN On Monday (12/12), the Energy Information Administration (EIA) reported the fourth consecutive weekly decline in its regular grade gasoline average, which fell 1.6 cents from the prior week to $3.274 gallon. That’s a nearly 10-month low in the average, although its 10% higher than during the
The 2011 General Manager’s Conference in Louisville features awards for top team members and vendors and a Humanitarian Event at Fort Knox. By John Lofstock, Editor Close to 400 general managers, regional managers, company executives and corporate sponsors gathered in Louisville, Ky., this week as Thorntons Inc. kicked off its 2011 General Managers’ Conference. The
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Day to day, markets of various stripes have seen wide price movements, reflecting not only uncertainty but fear. These broad swings are also true for gasoline, which has had several whipsaw sessions of its own with no sign of abate, while gasoline also reacts to broader
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices are at seven-month lows which equates to the decline in gasoline futures trading, with the gasoline contract having tumbled to its lowest level since mid-February. Lower wholesale costs are still moving through the supply chain, so the decline in pump prices will continue
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. retail price average for all formulations of regular grade gasoline fell 6 cents as of Sept. 19, and will continue to move lower into October on declining wholesale gasoline costs. Through the week-ended Sept. 26, wholesale gasoline costs moved lower
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Most wholesale gasoline costs countrywide are moving lower as we march toward the end of the third quarter, with the current decline consistent with its historical pattern of falling prices as demand eases from the summer peak and production costs decrease with the transition to winter-grade
Wholesale gasoline costs in major metropolitan regions of the country tumbled during the week following Labor Day, pressured by several features including weak consumption of the fuel leading up the holiday weekend, while driving demand consistently slumps in September from August. Historically, gasoline demand and prices move lower in September after the summer driving season.
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
Clark Brands LLC said it has partnered with Petroleum Parts Inc. (PPI) to offer dispenser overlay graphics and replacement exterior sheet metal for Clark branded facilities. As a Clark preferred vendor, PPI will provide a full-catalog of overlays to rebrand or “facelift” nearly any make or model of petroleum dispensers including Gilbarco, Wayne and Tokheim.
Is your image suffering from market fatigue? Could your stores use a face lift? Are you looking for a marketing edge that will reinvigorate your retail brand? Then it’s time to enter C-Store Futurecast 2011, Convenience Store Decisions’ Extreme Marketing Makeover contest. CSD has joined forces with Convevo Partners and Integrate to offer one contest
An amendment to the House budget bill stops federal funding to EPA E-15 waivers, amid concerns over the safety of the fuel for vehicles. The U.S. House of Representatives has voted to block the (EPA) from moving toward a higher blend of ethanol in gasoline, passing an amendment to the House budget bill on Saturday
By Brian L. Milne, Refined Fuels Editor, Telvent DTN A string of successive advances in the US retail gasoline price average reported by the federal government that started in late November ended Jan. 31 with a 0.9 cents decline to $3.101 gallon. The US average, which is for regular grade gasoline and reported by the
While ethanol advocacy groups cheer on the decision, some organizations have strong concerns. The U.S. Environmental Protection Agency (EPA) has extended a waiver allowing higher ethanol concentrations in fuel for 2007 and later model year cars and trucks to 2001-2006 model year vehicles, Oil & Gas Journal reported. Waivers, however, won’t be granted for fuels
Bruce Carl Bott has been appointed president of ADD Systems. “For several years now, I have been gradually shifting responsibilities to Bruce Jr. and others in anticipation of this change,” said ADD Systems CEO / Owner Bruce Alan Bott. “So while a change in presidency is significant and momentous, we fully expect a smooth transition.
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices were mixed for the week ending on Labor Day, as the transition from summer grade gasoline blends to the less expensive to produce winter gasoline formulas prompt different trading activity. Gasoline prices moved lower along the West Coast amid ample supply, while short covering
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