By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. retail regular grade gasoline average has now gained for four consecutive weeks through Jan. 9 to a $3.382 gallon two-month high, climbing 15.3 cents since Dec. 19. Of that total advance, 8.3cts of the gain took place during the week-ended [...]
“The goal of our winter diesel additive program is to give our customers added peace of mind and to make their winter driving experience a positive one,” says Flying J executive vice president. Pilot Flying J has announced its annual winter diesel additive program at participating Pilot Travel Centers and Flying J Travel Plazas in [...]
Chuck Bosselman, chairman of The Bosselman Cos., has passed away. He was 67. Bosselman lost his battle with cancer on Saturday in Grand Island, Nebraska, surrounded by his family. A leader among leaders and visionary of the company, Bosselman was a second-generation business owner. His father, Fred, founded the first Bosselman’s location in 1948. In [...]
The U.S. retail price average for regular grade gasoline reported by the Energy Information Administration (EIA) reached a five-week high at $3.299 gallon in beginning 2012, and is set to notch its third straight weekly increase amid higher wholesale costs. Several factors continue to drive gasoline prices higher despite ongoing weak demand, with preliminary EIA [...]
This past June, Seibert’s fueling stations was able to donate over $6,000 to the Richmond Mayor’s Youth Academy, giving the education and youth-based program more support for mentoring and training local children for post-secondary education or vocation. Now, with the support of BP’s “Fueling Communities” Program, the Richmond, Va.-based fuel wholesale, service station, towing and [...]
Hovering at a 10-month low, the US retail gasoline price average provided by the Energy Information Administration should continue to leak lower for the balance of the year, benefiting travelers during the holiday travel season. This remains true despite the reality that pump prices are roughly 10% higher now than during the comparable year-ago period. [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN On Monday (12/12), the Energy Information Administration (EIA) reported the fourth consecutive weekly decline in its regular grade gasoline average, which fell 1.6 cents from the prior week to $3.274 gallon. That’s a nearly 10-month low in the average, although its 10% higher than during the [...]
“This opening affords Mansfield the opportunity to interact more closely with the California energy industry,” says Mansfield spokesperson. Mansfield Oil Co. has opened a new refined product and renewable fuel operations center in Irvine, Calif. For more than 50 years, Mansfield has served customers in the retail, government and commercial sectors with transportation fuels and [...]
After tumbling to a nine-month low of $3.368 gallon on Nov. 21, the Energy Information Administration’s (EIA) U.S. retail gasoline average is positioned to increase following higher wholesale costs during the final full week of November. Wholesale gasoline costs were under renewed pressure in front of Thanksgiving Day on weak demand and heightened concern over [...]
After popping higher by a little more than a penny during the week-ended Nov. 14, the U.S. average for gasoline sold across the country’s retail outlets should resume its downtrend. The Energy Information Administration (EIA) releases its weekly gasoline average late afternoon on Mondays, with the average last reported 1.2 cents higher at $3.436 gallon [...]
Total merchandise purchases by truckstops nationwide served by McLane Corp. increased 10% during the 2011 third quarter compared with a year earlier led largely by growth in automotive product and hot dispensed beverage sales, according to the McLane-NATSO Index. The index, designed to illustrate market trends within the truckstop and travel plaza industry by comparing [...]
Sun State Oil to supply fuel to the multiple new owners that acquired the 30 properties. NRC Realty & Capital Advisors LLC’s subsidiary, NRC Realty Advisors of Florida LLC, has completed the sale of the final 30 properties formerly owned and operated by Ryan Phillips (Phillips Oil) and located in the panhandle of Florida. Sun [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices are at seven-month lows which equates to the decline in gasoline futures trading, with the gasoline contract having tumbled to its lowest level since mid-February. Lower wholesale costs are still moving through the supply chain, so the decline in pump prices will continue [...]
“We consider FuelQuest a strategic partner and critical to the continued growth of our business,” says 7-Eleven spokesperson. 7-Eleven Inc. and FuelQuest Inc., an on-demand software and services company for the global downstream energy industry, have announced a new five-year agreement. Under this agreement, 7-Eleven will continue to use FuelQuest Fuel Management System (FMS) to [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. retail price average for all formulations of regular grade gasoline fell 6 cents as of Sept. 19, and will continue to move lower into October on declining wholesale gasoline costs. Through the week-ended Sept. 26, wholesale gasoline costs moved lower [...]