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- 20 Feb
According to the Wall Street Journal today, we have an ongoing debate as to whether or not oil prices have hit rock bottom. On one hand, we have seen the price of crude increase recently and now oil prices are back […]
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- 02 Feb
Brian Milne, the Energy Editor at Schneider Electric presented some interesting statistics today, via Convenience Store Decisions. Here are the highlights: Wholesale spot market is up US Crude production growth is predicted to continue The traditional trend of the spring […]
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- 09 Jan
The OPIS report today revealed the average retail fuels margin across the US was $0.288 per gallon, down $0.047 from last week. That is the third consecutive weekly decline, but the US retail average is still nearly double the margin […]
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- 07 Jan
Today the Wall Street Journal reported that US Inventory data predicts gas prices will continue to fall. The article refers to a report that oil and fuel supplies have risen to a record high, pushing gasoline futures to a near […]
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- 02 Jan
Retail fuel margins start off strong in 2015
- Jan 02, 2015
- John Keller
- 0
The OPIS report today reported that the average US retail fuel margin started the new year at $0.335 per gallon. That margin is down $0.041 from last week, but a whopping $0.209 higher than the equivalent week last year when […]
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- 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. […]
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- 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 […]
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- 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 […]
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- 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 […]
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- 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 […]
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