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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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- 26 Oct
According to an article from Cars.com and USA Today, the US Department of Transportation reports that travel on US roadways through August 2011 has reached the lowest levels since 2003. Specifically, travel in the month of August 2011 was down […]
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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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- 10 Oct
Predictions Of Fuel Price Increases Abound
- Oct 10, 2011
- John Keller
- 0
Numerous news stories today are predicting that fuel prices have hit bottom and are back on the rise. Several local stories are reporting that fuel prices have already begun to rise, including CNN who quotes sources from the Lundberg Survey […]
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- 28 Sep
Fuel Demand Down 2.7% Says MasterCard Report
- Sep 28, 2011
- John Keller
- 0
According to the latest MasterCard SpendingPulse report, U.S. gasoline consumption was down 2.7% compared to the previous year for the week ending September 23, 2011. For the four week average, demand was down 2.9% compared to the previous year. Demand […]
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- 28 Sep
Fuel Demand 6 Month Average Down
- Sep 28, 2011
- John Keller
- 0
According to the US Energy Information Administration, demand for finished motor gasoline including “fuel ethanol blended into motor gasoline” is down for the first six months of 2011. The first six months of 2011, which is the most recent data […]
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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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- 22 Sep
Employee Error Leads to $1 Fuel Price Mistake
- Sep 22, 2011
- John Keller
- 0
Employee error led a c-store to sell Premium fuel at $2.65, which was $1 less than the correct price. The lost profits were caused by an employee entering the wrong price into the RaceWay fuel price management system. According to […]
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- 09 Sep
In the July / August 2011 issue of National Petroleum News, the cover story features PriceAdvantage in an article titled “Price Modeling: Changing Attitudes Towards Automated Pricing” that can be found here. This article discusses how software can be used […]
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- 08 Sep
At The Spinx Company, OPIS Radius reports are providing real-time competitive price imports that drive new fuel pricing strategy changes for 70+ stores. While Spinx Store Managers continue to submit their daily competitor surveys first thing each morning, the OPIS […]
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