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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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- 21 Oct
Today Convenience Store News announced that Exxon just completed the sale of nearly 300 c-stores. Back in 2008, Exxon told USA Today they wanted to sell its c-stores because “it’s so hard to make money selling gas and diesel fuel […]
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- 11 Oct
Retail Fuel Margins Drop
- Oct 11, 2011
- John Keller
- 0
According to Lundberg Survey, retail fuel margins dropped $.18 over the two week period ending October 7. On October 7, Regular grade retail fuel margins averaged 9.49 cents per gallon across the US. Pooled retail fuel margin year to date […]
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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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