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- 09 Mar
Casey’s General Stores reported Q3 retail fuel margins were at $.139/gallon. This exceeded the management annual goal of $.135/gallon by four-tenths of a cent. Same store gallons sold were up 3.5% for the quarter. For the first nine months of […]
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- 28 Feb
Retail Fuel Prices Rise By $.20
- Feb 28, 2011
- John Keller
- 0
Retail fuel prices rose by $.20/gallon since last week, according to today’s US Energy Information Administration report. The US national average retail fuel price of unleaded gasoline spiked to $3.38/gallon, a gallon of midgrade rose to $3.49, and a gallon […]
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- 07 Jan
The US Energy Information Administration (US EIA) reported the U.S. average retail fuel price for a gallon of gasoline increased for the fifth straight week, advancing almost two cents versus last week to $3.07 per gallon. That price is 41 […]
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- 14 Sep
Diesel Fuel Consumption Up, E85 Down
- Sep 14, 2010
- John Keller
- 0
According to NACS Online, demand for Diesel fuel in the US is on the rise, while demand for E85 is on the decline. While still not at its 2006 peak demand where it reached 4% of the fuel market, demand […]
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- 13 Sep
CEFCO C-Stores has completed their rollout of PriceAdvantage to 100% of their stores as of September 10, 2010. CEFCO is now using PriceAdvantage fuel pricing software to optimize fuel prices at each of their 124 stores throughout Texas, Alabama and […]
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- 07 Sep
CSP Daily News reported today the findings of a new Nielsen online survey. The survey results directly speak to fuel price management strategies at c-stores: 45% of households are “diligently seeking” lower fuel prices 63% of households combat high fuel prices […]
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- 01 Sep
PriceAdvantage 3.3, the latest fuels pricing solution from Skyline Products, includes key new features in direct response to customer input. A new reporting system enables fuel managers to gain insight into market pricing trends, store profitability, and price history. Version […]
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- 25 Aug
US National Retail Fuel Prices Drop $.04
- Aug 25, 2010
- John Keller
- 0
According to today’s “This Week In Petroleum” released by the US Energy Information Administration, the U.S. average retail price for regular gasoline decreased over four cents to $2.70 per gallon. That is 8 cents per gallon higher than this time […]
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- 19 Aug
BP Retail Fuel Sales Bouncing Back
- Aug 19, 2010
- John Keller
- 0
The Washington Post published an interesting article about BP and its brand recovery efforts. According to John Kleine, executive director of the BP Amoco Marketers Association, which represents the station owners, BP retail fuel sales are returning to previous levels. […]
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- 19 Aug
Article Source: http://www.articlesbase.com/cars-articles/fuel-price-management-requires-constant-adjusting-in-order-to-optimize-retail-fuel-prices-2762156.html Author: John Keller It is the job of Fuel Managers to figure out the optimized retail fuel pricing strategy for each of their stores, in each of their markets, in order to maximize their fuel profit contribution […]
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