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- 19 Aug
US Average Fuel Prices Drop 4 cents
- Aug 19, 2010
- John Keller
- 0
According to the US Energy Information Administration, the U.S. average retail price for regular gasoline decreased almost four cents from last week to $2.75 per gallon but was $0.11 per gallon higher than this time last year. Prices were down […]
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- 19 Aug
BP Retail Fuel Sales Bouncing Back
- Aug 19, 2010
- John Keller
- 0
The Washington Post published an interesting article about BP and its brand recovery efforts. According to John Kleine, executive director of the BP Amoco Marketers Association, which represents the station owners, BP retail fuel sales are returning to previous levels. […]
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- 19 Aug
Article Source: http://www.articlesbase.com/cars-articles/fuel-price-management-requires-constant-adjusting-in-order-to-optimize-retail-fuel-prices-2762156.html Author: John Keller It is the job of Fuel Managers to figure out the optimized retail fuel pricing strategy for each of their stores, in each of their markets, in order to maximize their fuel profit contribution […]
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- 12 Aug
Convenience Store Decisions picked Rutters as their winner of the 2010 Convenience Store Chain Of The Year award. Rutter’s is the second consecutive chain under 100 stores to receive the award, emphasizing that it’s not the size of the chain […]
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- 04 Aug
BP Incentive Details – Fuel Pricing Impact
- Aug 04, 2010
- John Keller
- 0
On August 4, 2010, CNN.com reported details of the BP fuel price discounts as explained by a representative of OPIS. Here’s what BP is offering, according to Tom Kloza, chief oil analyst at the Oil Price Information Service: Up to a […]
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- 03 Aug
Crude oil today is trading $2 higher than yesterday at $81.34/bbl. Sweet crude futures for delivery in September traded at $81.43 a barrel early today. The price increase is attributed to the dollar weakening broadly, and to tropical storm Colin. […]
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- 03 Aug
In the August 3 Convenience Store News Web event “State of C-store Technology: Facts, Trends and the Future”, attendees of the CSN and Gilbarco Veeder-Root event reported that their 2011 technology budgets are expected to be higher than 2010. And […]
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- 29 Jul
Algae is a Potential Source of Future Fuels
- Jul 29, 2010
- John Keller
- 0
In their latest “This Week In Petroleum” report, the US Energy Information Administration provides an interesting summary of the potential use of algae cultivation as an alternative fuel source. Algae has many attributes that make it potentially attractive as a […]
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- 29 Jul
The US Energy Information Administration weekly report revealed regional fuel price increases in the East Coast and Midwest drove up the national average overall. The U.S. average price for regular gasoline increased about three cents to $2.75 per gallon, $0.25 […]
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- 28 Jul
Times Are Good In Retail Fuel – Now What?
- Jul 28, 2010
- John Keller
- 0
These are good days to be in the retail fuel business. Valero announced in their Q2 results that their retail fuel operations segment had a record-setting performance with $109 million in operating income. These are the best second quarter results […]
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