-
- 29 Dec
The OPIS report showed for the week ending December 26 retail fuel margins across the US averaged at the highest levels of the year. The US average this week was $0.376, down only $0.005 per gallon from the previous week. […]
Read more -
- 23 Dec
According to Brian Milne, Energy Editor of Schneider Electric, the months of November and December this year have yielded some of the highest weekly fuel demand numbers of the year. According to Mr. Milne, two of the three highest weekly demand […]
Read more -
- 19 Dec
Retail fuel margins now highest of the year
- Dec 19, 2014
- John Keller
- 0
The OPIS report today revealed that the average US retail fuel margin jumped $0.045 per gallon to hit the highest level of the year. The average retail fuel margin now stands at $0.381 per gallon. The year to date average […]
Read more -
- 18 Dec
CST Brands continues its buying spree this month with the acquisition of Landmark Industries, growing their store count by 22. These newly acquired locations are in the San Antonio and Austin area, so they’re right in the CST Brands headquarters […]
Read more -
- 18 Dec
At the close of the NYMEX today, Oil traded at $54.70 bbl, down $1.77 from yesterday. Gas prices continue to plummet across the US, and experts predict that gas prices are not yet at their lowest. That’s a pretty safe […]
Read more -
- 12 Dec
According to OPIS, the average retail fuel margin across the US just made its largest increase of the year, jumping $0.097 per gallon from last week. That means we have an average retail fuel margin of over $0.30 a gallon […]
Read more -
- 12 Dec
Saudi Arabia strategy appears to be working
- Dec 12, 2014
- John Keller
- 0
As reported in an earlier blog article, in their attempt to defend market share, Saudi Arabia decided last month to continue their oil production despite pressure from other OPEC members to cut back. In so doing, Saudi Arabia anticipated that […]
Read more -
- 08 Dec
Why are diesel prices lagging gasoline prices?
- Dec 08, 2014
- John Keller
- 0
There’s a terrific article in the Emporia Gazette, a publication in Emporia, Kansas, about why diesel prices are dramatically lagging the drop of gasoline prices we’ve seen over the past months. In June, US crude was trading at just over […]
Read more -
- 06 Dec
Retail fuel margins dip second straight week
- Dec 06, 2014
- John Keller
- 0
The OPIS report today revealed another slight drop in the average US retail fuel margin. The US average now stands at $0.239 per gallon, down $0.019 per gallon from last week. The year to date average margin was up slightly […]
Read more -
- 05 Dec
Saudi Arabia lowers oil prices for US and Asia
- Dec 05, 2014
- John Keller
- 0
According to the Wall Street Journal today, Saudi Arabia increased the oil prices discount to the US and Asia, showing a strong commitment to defend market share against US production. The US price dropped between $0.10 and $0.90 a barrel […]
Read more
