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- 15 Mar
Forbes Article Explains Annual Fuel Pricing Increases
Every year around this season we see c-store fuel prices begin a gradual increase from spring to summer. This Forbes article explains the primary reason behind this fuel pricing strategy as being related to EPA federal regulations around emissions. Summer fuel must meet regulatory requirements imposed on refiners: summer blends of fuel must not turn to vapor in summer temperatures, otherwise the vapor contributes to air pollution. This summer blend costs more to produce, and consequently pushes up the price of fuel at the pump.
This is a positive article from the perspective of the Fuel Manager because it clearly explains to the layman that these annual price increases are not caused by c-stores trying to up their profits. It’s a rational explanation that anyone can understand.
You may find the entire article here.
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