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- 01 Mar
The latest OPIS report showed retail fuel margins jumped $0.062 for the week, the largest weekly gain since late October 2012. The average retail margin throughout the US now stands at $0.164 per gallon. The gain this week brings the […]
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- 23 Feb
Retail fuel margins take another dip
- Feb 23, 2013
- John Keller
- 0
In their weekly report, OPIS revealed another loss in retail fuel margins. This week retail fuel margins lost $0.02 per gallon across the US to settle at $0.102 per gallon. The loss this week brings the year to date average […]
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- 22 Feb
Compressed natural gas is continuing to gain mindshare with Convenience store retailers this year. According to CSNews.com, Convenience Store News lists among their top 10 predictions for 2013 “Natural gas gains more believers”. Specifically, CSNews writes “Compressed natural gas and […]
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- 21 Feb
In the latest US Energy Information Administration “This Week In Petroleum” report, the US EIA says there are signs that improved fuel margins may be on the horizon. From the report: “Despite the significant rise in retail gasoline prices since […]
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- 09 Feb
Valero announced in their 2012 end of year financial results that margins were up and volumes were steady. Margins for the quarter were at $0.208 per gallon up from $0.139 in 2011. For the entire year, margins were up from […]
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- 07 Feb
Fuel economy of new vehicles highest ever
- Feb 07, 2013
- John Keller
- 0
According to a new University of Michigan study, new vehicles sold in the US have a record miles per gallon rating, reaching 24.5 mpg. That is a full 1 mpg increase from January 2012, 2 mpg increase from January 2011, […]
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- 23 Jan
Another CNG highway is coming
- Jan 23, 2013
- John Keller
- 2
IGS is an independent retail supplier of natural gas, and a company with a vision of an energy independent United States. They now plan to build a network of CNG (compressed natural gas) fueling stations along I79 from West Virginia […]
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- 22 Jan
The latest OPIS report shows that retail fuel margins increased for the second straight week, this time by $0.025 per gallon. The national average retail fuel margin is now $0.171 per gallon. The average retail fuel margin for 2013 now […]
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- 08 Jan
Practical “Closed Loop” Fuel Price Management
- Jan 08, 2013
- John Keller
- 0
A closed loop system uses feedback from the output to affect the input. In modern fuel price management, the application of a “closed loop” system is a highly effective approach to maximizing fuel revenue margins. Fuel Pricing Factors There are […]
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- 05 Dec
In their Annual Energy Outlook 2013 Reference case released today, the US Energy Information Administration predicted the demand for motor fuels will continue to decline next year and beyond through 2040. In other words, the size of the fuel volume […]
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