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- 24 Nov
When consumers hear there is an increase in oil prices, they expect to see an immediate increase in retail fuel prices. Actual fuel price management practices show the increases in retail fuel prices are often two weeks later. In today’s […]
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- 22 Nov
According to an MSNBC article posted today, utilities companies in several parts of California, North Carolina and Texas are bracing for increased demand for electricity brought on by the popularity of electric vehicles in specific markets. Fuel Pricing Managers in […]
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- 19 Nov
Retail fuel margins were a key factor in the financial results reported by TravelCenters of America for the three months ended September 30, 2010. Highlights of the report: [fancy_list style=”circle_arrow”] Total retail fuel sales were approximately $1.193 billion across 229 […]
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- 10 Nov
In the November 9, 2011 edition of the US Energy Information Administration’s Short-Term Energy Outlook report, the US government predicts unleaded retail prices to average $2.84/gallon this winter. That’s $.19 per gallon higher than last winter. This prediction is based […]
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- 19 Oct
A recent article in the Wall Street Journal quotes Xavier Mosquet, Sr. Director and Managing Partner (Detroit) of Boston Consulting Group, as saying fuel prices must be at $8 to $9 per gallon before electric cars will be cost effective […]
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- 13 Oct
Recently three different retailers have announced they’ll be offering charging stations for electric cars. Two of the three are traditional fuel retailers: BP/Arco, and Murphy. The third retailer to announce the charging stations is Best Buy. BP announced they’ll install […]
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- 12 Oct
National Fuel Prices Post Largest Gain In Weeks
- Oct 12, 2010
- John Keller
- 0
In today’s US Energy Information Administration release of the latest weekly retail fuel prices, the average national price for all grades rose more than $.08 per gallon from the previous week. That’s the largest price increase in over six weeks. […]
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- 05 Oct
Just How Important Are C-Stores For Retail Fuel?
- Oct 05, 2010
- John Keller
- 0
Just how important is the c-store industry to the American economy, and the retail fuel industry specifically? Take a look at these statistics from an article in the Atlanta Journal-Constitution, as reported by NACS Online: There are 144,500 convenience stores in […]
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- 01 Oct
Convenience Store Traffic And Sales Up In Q2
- Oct 01, 2010
- John Keller
- 0
The market research firm NPD Group reports that convenience store traffic and sales were up for the quarter ending June 2010 compared to a year ago. Convenience store traffic was up 8% and sales increased 11% over 2009. This is […]
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- 26 Aug
On August 19, 2010 I wrote a blog article discussing how critical it is for Fuel Managers to be diligent about adapting their fuel price management strategy in order to quickly react to the constant changes in their fuel markets. […]
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