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- 07 May
CST fuel optimization shows strength
- May 07, 2016
- John Keller
- 0
In the May 6, 2016 financial report, PriceAdvantage customer CST Brands reported that Gross Profit on fuel sales improved to $75 million from $63 million in the same quarter 2015. Kim Lubel, Chairman and CEO of CST Brands said: “We […]
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- 23 Feb
Are you ready for price increases?
- Feb 23, 2016
- John Keller
- 0
Here we are heading into the end of February and everyone in the retail fuels business knows the season of rising gas prices is just around the corner. It happens every year: refinery prices increase, wholesale costs go up, and […]
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- 03 Sep
AAA predicts highest Labor Day travel
- Sep 03, 2015
- John Keller
- 0
AAA is predicting that this Labor Day weekend we’ll see the highest travel miles in seven years. The prediction is for a 1% increase over last year, and the fifth consecutive increase in miles traveled by automobile this holiday weekend. […]
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- 15 Jun
CrossAmerica Partners buys 41 stores
- Jun 15, 2015
- John Keller
- 0
CrossAmerica Partners announced today the acquisition of One Stop, a chain of 41 company owned c-stores based in West Virginia. Read more about the announcement published in Convenience Store News here. In December 2014, the partnership of CrossAmerica Partners and CST […]
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- 26 May
Fast Max increases fuel volumes
- May 26, 2015
- John Keller
- 0
Kocolene, an operator of 22 Fast Max stores throughout Indiana and Kentucky, experienced a 3% increase in 2014 fuel volume sales after just one year of using PriceAdvantage fuel pricing software – exceeding the national average increase by 2%. At […]
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- 09 Jan
The OPIS report today revealed the average retail fuels margin across the US was $0.288 per gallon, down $0.047 from last week. That is the third consecutive weekly decline, but the US retail average is still nearly double the margin […]
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- 02 Jan
Retail fuel margins start off strong in 2015
- Jan 02, 2015
- John Keller
- 0
The OPIS report today reported that the average US retail fuel margin started the new year at $0.335 per gallon. That margin is down $0.041 from last week, but a whopping $0.209 higher than the equivalent week last year when […]
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- 23 Dec
According to Brian Milne, Energy Editor of Schneider Electric, the months of November and December this year have yielded some of the highest weekly fuel demand numbers of the year. According to Mr. Milne, two of the three highest weekly demand […]
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- 05 Dec
OPEC announced on Thanksgiving that they would not cut back their production. According to the Wall Street Journal, Venezuela was pushing for a considerable cut in OPEC production prior to the meeting. When Russia, which isn’t a member of OPEC, […]
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- 11 Aug
Retail fuel margin average up slightly
- Aug 11, 2014
- John Keller
- 0
The weekly OPIS report revealed a slight uptick in the average retail fuel margin across the US. The average retail margin increased $0.007 per gallon to tie the second highest retail fuel margin of the year at $0.276 per gallon. […]
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