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- 25 May
Fuel Pricing Speculative Bubble Over
- May 25, 2011
- John Keller
- 0
The fuel price speculative bubble is over, and the market is correcting now, according to Stephen Schork, president of Pennsylvania-based energy consultant The Schork Group Inc. Bloomberg Business Week today reported that pump prices were $1.66 a gallon over crude […]
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- 24 May
Diesel Fuel Demand Up, Gasoline Fuel Demand Down
- May 24, 2011
- John Keller
- 0
The American Petroleum Institute reported that in April 2011, total demand for distillate fuel rose 15 percent to 4.27 million barrels a day, while consumption of ultra-low sulfur diesel fuel increased 26 percent to average 3.42 million barrels a day. […]
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- 20 May
Gasoline Fuel Demand Drops 2.2% in Q2 2011
- May 20, 2011
- John Keller
- 0
The American Petroleum Institute issued a monthly report today. Gasoline deliveries, a measure of gasoline demand, dropped by 2.2 percent compared with last year. Deliveries totaled 8.9 million barrels per day. Rising retail gasoline prices seem to have crimped consumer […]
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- 17 May
$1.10 Fuel Price Costs Station $21,000 In Losses
- May 17, 2011
- John Keller
- 0
A computer glitch was to blame for a Valero convenience store selling premium fuel at $1.10 a gallon over a four hour period on May 15. The owner reported that was over $3 a gallon less than the proper price, […]
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- 16 May
Fuel Sales In April Drop 4%
- May 16, 2011
- John Keller
- 0
According to an article on MarketWatch, several companies reported retail fuel sales in April were as much as 4% lower than in March. The article specifically mentions Marathon Oil Corp., Tesoro Corp., and Delek US Holdings, Inc. High fuel prices […]
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- 13 May
There’s a great MSNBC news article out today discussing the role of the US Federal Government in helping fuel prices trend downward. The key takeaway for the Fuel Price Manager is that fuel prices are going to continue their downward […]
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