GasPumpsLR

Gas’d Up Demand But Prices Tapping Brakes

By Brian Milne, Energy Editor for Schneider Electric Implied gasoline demand in the U.S., which refers to product supplied from the primary market, dropped 206,000 bpd to 9.104 million bpd during the week-ended May 30, according to the Energy Information Administration, with the week profiled, including the Memorial Day holiday weekend. The Memorial Day weekend

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Short-term Peak for U.S. Gasoline Prices Near

By Brian Milne, Energy Editor for Schneider Electric Last reported at $3.674 gallon on Memorial Day, the U.S. average price for all formulas of regular grade gasoline surveyed by the Energy Information Administration looks to be near a short-time peak, with retail gasoline prices set to ease in June before again reasserting themselves to the

VP Racing

TAC Energy Partners With VP Racing Fuels

Distributor to be key source of unbranded supply. TAC Energy has come aboard as a partner in VP’s retail brand program. One of the nation’s largest independent fuel wholesalers, TAC Energy has agreed to supply fuel to VP-branded retail stores in the Dallas/Ft. Worth and East Texas areas. As a major supplier, TAC will represent

fuelWEB

Gasoline Prices Tugged Higher on Ukraine

Analysts worry the crisis in Ukraine will worsen, potentially threatening oil and gas supply from Russia to Europe, rallying Brent crude oil. By Brian Milne, Energy Editor for Schneider Electric Gasoline futures values surged to a high last seen in July 2013 on April 24 before dropping back while the U.S. retail average has now

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Fleet Organizations Highlight Prevalent Problem of Fuel Invoice Inaccuracies

Recent survey shows nearly 40% of fleets are concerned invoices are inaccurate; while 38% plan to remedy the issue. By Ryan Mossman, vice president and general manager of FuelQuest’s Fuel Services. Fuel invoicing accuracy has been a challenge in the industry for quite some time. The levels of inaccuracies (anywhere from 10-25% or more) that

gasnozzle

Gasoline Back at Summertime Highs

Trouble in the Ukraine could cause spike in global oil prices. By Brian Milne, Energy Editor for Schneider Electric. Amid an ascending wedge formation on the spot continuation chart for the gasoline futures contract on the New York Mercantile Exchange, Reformulated Blendstock for Oxygenate Blending futures have closed above $3 gallon each session since April

gas_pumps

Driving Demand Picks Up as Weather Warms

Higher demand coupled with the refinery maintenance season have prompted a string of weekly drawdowns in gasoline supply. By Brian Milne, Energy Editor for Schneider Electric Gasoline supplied to the primary wholesale market in the U.S. poked above the five-year average for the fourth week in 2014, climbing to 8.996 million bpd during the week-ended

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Shell Awards Free Fuel For A Year

Customers share stories of how they save with the Fuel Rewards Network Program. Shell announced that Lauren Flauding from Parker, Colo. has been selected as the Grand Prize Winner for the How I FRN™ Contest and will receive a year’s worth of Shell V-Power Premium Gasoline. The How I FRN contest invited consumers to submit

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Gasoline Supply Slides while Demand Climbs

By Brian Milne, Energy Editor for Schneider Electric Implied gasoline demand, which refers to gasoline supplied to the primary wholesale market, topped the five-year average during the third week of March for just the third time this year, with apparent demand at 9.0 million bpd for the first time in 2014 reports the Energy Information

Super Wawa

Wawa Rolls Out Fuel Pricing Solution

Adopts Kalibrate’s PriceNet for entire network of 382 fuel sites. Wawa Inc. has purchased the Kalibrate PriceNet fuel pricing system and will implement a roll-out across its entire network of 382 fuel sites. Wawa will utilize the full capabilities of PriceNet, which includes 24/7 automation of pricing, full integration to the sites, robust analytics to

gas

Retail Gasoline Prices Reach Six-Month Highs

By Brian Milne, Energy Editor for Schneider Electric Wholesale gasoline postings moved higher in most major metropolitan markets across the country during the week ended Mar. 24, underpinned by higher crude acquisition costs, seasonal refinery maintenance, and the transition to lower Reid vapor pressure ratings for gasoline as the industry swaps out winter blends with

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Central Florida Faces Fuel Shortage

Foggy weather causes delays in gas delivery, causing many stations to run dry. Gas stations in central Florida are facing a temporary fuel shortage that has left some convenience store locations without any fuel to dispense. A spokesperson for 7-Eleven told Orlando News 13 that the chain had only 50% of the fuel they needed

GasPumpsLR

E15 Now Available in Cambridge, Neb.

Anew Travel Center to begin selling E15 and flex fuel options. Anew Travel Center in Cambridge, Neb. now offers E15 to consumers for use in 2001 and newer vehicles. The expanded offering of E15 will create savings at the pump for consumers. Currently, E15 is available in 14 states across the country, and more and

fuelnozzle

Wholesale Gasoline Costs Mostly Higher While Futures Slide

By Brian Milne,  Energy Editor for Schneider Electric. Wholesale gasoline costs in major metropolitan markets across the U.S. mostly increased during the week-ended St. Patrick’s Day, with supplier postings lower in the Rockies, while the gasoline futures contract slid to its lowest point since the end of February on a decline by global and U.S.

gasnozzle

Consumers Remain Optimistic

Economic optimism continues even as gas prices climb. Despite a sharp increase in gas prices over the past month and consumer expectations that prices will climb higher over the next 30 days, consumers continue to feel optimistic about the economy, according the latest monthly NACS Consumer Fuels Survey that examines how gas prices affect consumer

GasPumpsLR

Upside for Wholesale Gasoline Costs Slows in Early March

By Brian L. Milne, Energy Editor, Schneider Electric The upside push in wholesale gasoline costs slowed in early March, with supplier offers at the terminal known as rack postings shallowly mixed at major metropolitan markets across the U.S. The mixed offers follow an increase by the U.S. retail gasoline price average to a $3.479 gallon

gasnozzle

Pic-n-Pac Selects PriceAdvantage SMART

Fuel price management solution to help Pic-n-Pac become more efficient. PriceAdvantage, a division of Skyline Products, announced that Pic-n-Pac Convenience Stores has licensed PriceAdvantage SMART Fuel Pricing, a fuel price management solution, for its 15 stores in Texas. Pic-n-Pac will use PriceAdvantage on a subscription basis for a fully integrated fuel price management offering. “Pic-n-Pac

VP-Fuels

VP Racing Fuels Signs as Official Fuel for TORC

Competitors to be powered by VP Racing Fuels. TORC (The Off-Road Championship), the nation’s premiere short-course, off-road racing series, has announced that VP Racing Fuels will be its Official Fuel for the 2014 season. All TORC competitors will be powered by the company’s high-performance racing fuels beginning with the April 5-6 ‘Duel in the Desert’

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Retail Gasoline Prices on Upward Trajectory

By Brian Milne, Energy Editor for Schneider Electric. U.S. retail gasoline prices are moving higher, with the ascent in position to continue into March even though gasoline demand so far in 2014 trails the year-ago period by 144,000 bpd or 1.7% per federal government data, with driving snarled several times in the heavily populated Midwest

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Lower Annual Trend for U.S. Gasoline Prices Reaffirmed

By Brian Milne, Energy Editor for Schneider Electric. The Energy Information Administration tweaked its latest forecast for retail gasoline prices in the U.S., adjusting lower its projection for the 2014 national average on expectations U.S. refiners would encounter reduced acquisition costs for crude oil this year. In its latest Short-term Energy Outlook, released Feb. 11,

gasnozzle

Futures Market Positions Retail Gasoline for Price Advance

By Brian Milne, Energy Editor for Schneider Electric The Energy Information Administration reported a modest 0.3cts dip in its national average for regular grade gasoline for the week-ended Feb. 3 to a $3.292 gallon seven-week low while four days later the gasoline futures contract rallied to a five-week high and US crude prices topped $100

GasPumpsLR

U.S. Gasoline Wholesale Costs Gain Final Week of January

By Brian Milne, Energy Editor for Schneider Electric Wholesale gasoline costs at major metropolitan markets across the U.S. advanced during the final week of January, boosted by greater-than-expected demand and an unexpected decline in inventory while exports increased. Higher costs for supply are set to push the Energy Information Administration’s U.S. retail gasoline price average

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Gas Customers Evolve in How They Shop for Price

“Consumers are always thinking about gas prices,” notes NACS vice president of government relations. Price remains the dominant reason why consumers buy gas at a particular location, but how consumers shop for that price is shifting, according to the results of a new consumer survey released today by the National Association of Convenience Stores (NACS).

GasPumpsLR

U.S. Gasoline Supply Climbs to Nearly Three Year High

By Brian Milne, Energy Editor for Schneider Electric Wholesale gasoline costs entered the final week of January mixed from prior week even as the benchmark futures contract gained 4.0cts over the same time frame, although price pressure will continue to be exerted over retail gasoline prices amid seasonal weakness. The Energy Information Administration’s U.S. retail

Freedom Energy First To Offer E-15 Fuel In Ohio

Ohio marks 14th state with E15. American Freedom Energy is the first retailer in Ohio to offer E15 to consumers for use in 2001 and newer vehicles. The expanded offering of E15 will create savings at the pump for consumers. Currently, E15 is available in 14 states across the country, and more and more retailers

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