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- 16 Nov
The Bespoke Investment Group issued a statement saying that despite crude prices topping $100 a barrel today, retail fuels prices are not likely to rise in response. That’s because Bespoke says retail fuels prices have been responding much more closely […]
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- 09 Nov
Another fuel price war impacts traffic patterns
- Nov 09, 2011
- John Keller
- 0
In Spartanburg, SC, another fuel price war was initiated by a c-store grand opening. Promotional temporary fuel prices for a new QuikTrip caused a race to the fuel price basement. In response to the promotional pricing, the nearby Raceway and […]
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- 07 Nov
The announcement today from Alon Brands Inc. saying they will end the 51-year-old FINA fuel brand and replace it with the brand ALON is a case in point of just how dynamic the retail fuel pricing market is. From a […]
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- 27 Oct
Fuel price war drops fuel prices $1.20 in hours
- Oct 27, 2011
- John Keller
- 0
The Ball State Daily News reported a recent fuel price war between two c-stores racing each other to the basement. A new Phillips 66 store kicked things off with a grand opening celebration and a fuel price of $3.19 for […]
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- 25 Oct
Media Setting Expectations of Lower Gas Prices
- Oct 25, 2011
- John Keller
- 0
One of the components of fuel price management strategies is the public expectations of short term future trends in gas prices. Public expectations of gas prices are influenced by the most recent news articles. Today MSNBC.COM published an article setting […]
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- 21 Oct
Today Convenience Store News announced that Exxon just completed the sale of nearly 300 c-stores. Back in 2008, Exxon told USA Today they wanted to sell its c-stores because “it’s so hard to make money selling gas and diesel fuel […]
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- 26 Sep
Convenience Store News reports that three New Jersey gas stations are being charged with illegal price changes after Hurricane Irene. The stations are accused of raising their fuel prices multiple times in one day which is illegal in the state […]
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- 10 Aug
Fuel Price Managers should base their fuel pricing strategies on the general consensus that retail gas prices will continue to drop through the rest of 2011. USA Today picked up a story from the New York Times, proclaiming that gasoline […]
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- 18 Jul
Competing Against Walmart Fuel Discounts
- Jul 18, 2011
- John Keller
- 0
Walmart joined the retail fuel price loyalty game this summer, partnering with Murphy Oil to offer $.10 discounts on fuel when the purchase is made using one of the Walmart payment cards. Loyalty reward incentives are becoming mainstream across retail […]
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- 18 Jul
Fuel Prices Increase $.11 in two weeks
- Jul 18, 2011
- John Keller
- 0
In today’s US Energy Information Adminstration weekly fuel price report, the USEIA revealed a $.04 increase for the national average price of Unleaded Regular fuel. That’s an $.11 increase over the past two weeks. The US national average retail fuel […]
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