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- 07 Nov
The announcement today from Alon Brands Inc. saying they will end the 51-year-old FINA fuel brand and replace it with the brand ALON is a case in point of just how dynamic the retail fuel pricing market is. From a […]
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- 07 Nov
Alon USA retail fuel margins at $.159 in Q3
- Nov 07, 2011
- John Keller
- 0
In their Q3 results, ALON USA announced retail fuel margins of $.159 for the quarter and $.167 for the 9 month period. Average fuel sales per month per store hit 45,000 gallons for the quarter, an increase of 12.5% over […]
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- 07 Nov
Fuel Price averages drop for third straight week
- Nov 07, 2011
- John Keller
- 0
The US EIA today reported a third straight week of dropping retail fuel prices. Average fuel prices across the US dropped $.03 across the board for Regular, Midgrade and Premium this week. There were fuel price drops across every US […]
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- 04 Nov
Tesoro retail fuel margins at $.16 for Q3
- Nov 04, 2011
- John Keller
- 0
Tesoro reported in their Q3 earnings report that retail fuel margins were down $.06 from the same three months in 2010. In 2011 the three months retail fuel margins were at $.16 compared to $.22 for the same period in […]
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- 01 Nov
Valero Selects PriceAdvantage
- Nov 01, 2011
- John Keller
- 0
Valero Retail Holdings, Inc., Valero Energy Corporation’s network of company-owned stores, has selected PriceAdvantage Fuel Price Management Software to manage and control retail fuel pricing for their one thousand Corner Store locations. Long known for innovation and leadership in the […]
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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
CEFCO Convenience Stores has grown by approximately 60% this year. According to Brett Giesick, Chief Retail Officer quoted in today’s article in Convenience Store News, the reason why Fikes is able to grow so successfully is because of “having the […]
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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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- 26 Oct
Who made that fuel price change?
- Oct 26, 2011
- John Keller
- 0
Today one of our PriceAdvantage customers had a key question they needed to answer: “Who made that price change?” Late last night during the third shift someone changed the fuel price at the store. Was it an authorized price change, […]
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- 25 Oct
Media Setting Expectations of Lower Gas Prices
- Oct 25, 2011
- John Keller
- 0
One of the components of fuel price management strategies is the public expectations of short term future trends in gas prices. Public expectations of gas prices are influenced by the most recent news articles. Today MSNBC.COM published an article setting […]
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