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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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- 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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- 08 Aug
Fuel Prices Drop $.04 This Week
- Aug 08, 2011
- John Keller
- 0
In today’s US Energy Information Adminstration weekly fuel price report, the USEIA revealed a $.04 drop for the national average price of Unleaded Regular fuel. The US national average retail fuel price of unleaded gasoline now sits at $3.67/gallon, a […]
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- 19 Jul
Alimentation Couche-Tard Inc. in their quarterly report announced that US retail fuel margins for the past three months were $.14 per gallon. That’s a decrease of 1.2% compared to the same time period last year. For the 12 months ended […]
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