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- 23 Nov
OPIS reported this week that retail fuel margins declined for the third straight week. Fuel margins now stand at $0.192 per gallon. That is a $0.022 per gallon decrease from last week. Retail fuel margins have lost over $0.17 per […]
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- 19 Nov
The city of Chicago has selected a new fleet of garbage trucks to be electric vehicles rather than hybrids or compressed natural gas vehicles. The award is based on research using a city bus with the same technology from Motiv […]
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- 05 Nov
Hess Q3 results: fuels volumes down
- Nov 05, 2012
- John Keller
- 0
In their Q3 quarterly earnings report, Hess Corporation announced today their retail fuels volumes for the quarter were 2.5% lower than the same period last year. Total c-store revenues were down 6% for the same quarter year over year. For […]
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- 23 Oct
Congratulations to Parker’s on their 28th Store
- Oct 23, 2012
- John Keller
- 0
Congratulations to Parker’s on the successful opening of their 28th store. Parker’s uses PriceAdvantage as their cloud solution to manage fuels prices and monitor company-wide fuels performance down to the store level. According to a WTOC Channel 11 interview with […]
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- 08 Oct
Analyst Peter Sklar of BMO Capital Markets has written in a report that Couche-Tard would only be able to acquire the Valero retail business if Valero decided to split the retail business into a set of smaller, regional units. The […]
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- 08 Oct
In their third quarter 2012 investor news letter, hedge fund manager Third Point, LLC urged Murphy Oil to spin off their retail fuel business. In the letter, Third Point says spinning off the retail fuel business would result in a […]
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- 04 Oct
Gasoline wholesale prices in the Los Angeles area have gone up $0.70 per gallon this week, reaching wholesale fuel prices not seen since November 2007. Sources blame the Exxon Torrance refinery loss of power on Monday, as well as Chevron’s […]
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- 01 Oct
Ever since Valero reported in their most recent quarterly earnings that they would like to divest their retail stores, there has been all kinds of speculation around what that divestiture might look like. Recently Reuters released a story that several […]
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- 27 Sep
The US Energy Information Administration reported that gasoline consumption for the first half of 2012 was down .3% compared to the first half of 2011. The year over year economic growth of 2012 was more than offset by the increased […]
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- 26 Sep
On April 30 of this year when Energy Transfer Partners announced they were acquiring Sunoco, it left the fate of Sunoco’s 4,900 c-stores uncertain. Analysts speculate ETP will sell the 4,900 stores because the stores don’t fit well with the […]
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