As gasoline prices trend upward, retailers are struggling to stay competitive on price while protecting their margin. By John Lofstock, Editor. The cost of fuel has been roaring up and down like a rollercoaster, and so has the risk to retailers when purchasing fuel in large quantities. Fortunes can be made by accurately predicting which…
Higher Crude Costs Drive Uptrend in Gasoline Prices
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. average retail price for regular grade gasoline dipped 1.6 cents from a six-month high to $2.876 gallon just ahead of the Thanksgiving holiday, but are again seen moving up with an early week rally in wholesale values. Gasoline prices typically decline this time of…
Gasoline Prices Again Headed Higher
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale costs for gasoline are again moving higher across the country after a steep sell-off in late June into early July, with sharp gains realized during the first full week of July putting prices on either side of levels seen in late June. The increase in wholesale…
California Station Ups Its Gas Prices to $8.87
Just what would happen if gas prices hit $9.00? Well, a station in Pasadena, Calif., found out when it upped its prices yesterday. The price of unleaded gas was listed at $8.87 a gallon at Washington Boulevard V and A Fuels station in Pasadena, Calif., on Tuesday and super unleaded was listed at $9.09, leaving…
Tracking the 2010 Fuel Market
Heading into 2010 there seems to be one constant in the energy markets—be it international, domestic, or local—and that is supplies should not be the issue in the New Year. This means that while demand will ebb and flow as it is want to do over the course of the calendar, barring an unforeseen change,…