Climbing Wholesale Costs to Push Retail Gasoline Prices Higher

By Brian L. Milne, Energy Editor, Schneider Electric The U.S. retail average for gasoline prices is poised for an increase coming into the second week of December after the Energy Information Administration (EIA) reported a 2.1 cents decline to $3.272 gallon in its national average for the week-ended Dec. 2 amid higher wholesale costs, especially

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Iran Deal Pressures Gasoline Futures

Brian L. Milne, Energy Editor, Schneider Electric On the heels of a fresh upside technical breakout on the charts, the nearest delivered gasoline futures contract trading on the New York Mercantile Exchange was under selling pressure following news over the weekend Iran reached a deal with the permanent members of the United Nations Security Council

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Wholesale Gasoline Prices Slide Mid-October

By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs moved lower mid-October, declining despite little change in the week-over-week value for gasoline futures through Oct. 18, with the New York Mercantile Exchange RBOB futures contract rallying to a one-month high at $2.7240 gallon Oct. 16 on news a deal to end the government

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Paper Gains to Arrest Retail Gasoline Price Slide

By Brian L. Milne, Energy Editor, Schneider Electric In the U.S. gasoline market, it’s not unusual for retail prices to slow or even reverse their September decline in October, underpinned by seasonal refinery maintenance which reduces output that, in turn, pressures crude prices. As the U.S. remains in political gridlock, unable to reach deals on

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U.S. Gasoline Market Exits Peak Demand Season

By Brian L. Milne, Energy Editor, Schneider Electric The session before expiring on the last business day of August, the September gasoline futures contract rallied to a $3.1095 gallon six-week high on the spot continuation chart, spurred higher by concern over U.S. military intervention in Syria in response to evidence the Syrian government used the

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Wholesale Gasoline Costs, Economic Outlook Mixed

By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs were mixed across the country’s major metropolitan markets during the week-ended Monday (8/5), with supplier offers in upper Midwest and most West Coast markets mostly lower from prior Monday. The mixed costs for retailers follow mostly positive data for the U.S. economy except employment

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Wholesale Gasoline Costs Mixed as July Nears End

By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs were mixed with a downside bias for the week-ended Monday (7/29), pressured by a selloff in New York Mercantile Exchange Reformulated Blendstock for Oxygenate Blending futures from a four-month registered July 19. The mostly lower wholesale costs won’t, however, translate into lower retail prices

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Spot Gasoline Prices Surge on Several Features

Brian L. Milne, Energy Editor, Schneider Electric Gasoline prices in regional spot markets across the U.S. rallied during the second week of July, pushing higher on a host of features including two gasoline unit outages at Port Arthur refineries in Texas. The downed units came alongside data showing strong demand for gasoline, an unexpected decline

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Parker’s Promo to Award Free Gas for a Year

The chain will randomly select one lucky winner each day in July from cars displaying the “I Love Parker’s” bumper sticker. Daily winners will be awarded a $50 Parker’s gas card. One lucky grand prize winner will be selected at the end of July to win free gas for a year at Parker’s. Winning license

BP Joins ‘Top Tier’ Detergent Gasoline Program

BP announced that it has joined the automotive industry’s TOP TIER program for gasoline detergency standards. Although all three BP-branded gasoline grades treated with the company’s proprietary Invigorate additive have always exceeded the TOP TIER standard for detergency, the company formally joined the program on June 24th. “We are committed to providing our branded marketers

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RaceTrac Accepts Fleet Cards From U.S. Bank Voyager Network

Fleet drivers enjoy expanded convenience at RaceTrac c-stores as it accepts Voyager network cards. RaceTrac Petroleum announced a deal with U.S. Bank that allows fleet drivers with Voyager network cards to make fuel purchases at one of 330-plus RaceTrac locations. RaceTrac now accepts U.S. Bank Fleet Cards and other Voyager network cards because of the

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Englefield Oil Wins CSD’s 2012 Makeover Contest

By John Lofstock, Editor Experts agree that to successfully compete in the convenience store industry retailers must have a solid foodservice program. Developing a winning foodservice strategy requires a radical change in the corporate culture, a hefty financial commitment, lots of hard work and patience. In fact, one of the biggest differences between top convenience

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NOCO Express Opens 34th Store

NOCO Express ‘excited’ to open its first store in Steuben County, NY-area NOCO Express, a family-owned and operated gas and c-store chain based in Tonawanda, N.Y., celebrated the grand opening of its newest location in Wayland, N.Y. This past June, NOCO purchased the former Acorn Markets. Today marked the grand opening of the store under

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Wayne Introduces Wayne Helix Family of Fuel Dispensers

Fuel dispenser line emphasizes design, security and advanced technology. Wayne, a global innovator of fuel dispensers and technologies, has announced the arrival of the Wayne Helix fuel dispenser line, emphasizing intelligent design, transaction security and advanced technology. Wayne developed Helix as the result of extensive research working closely with customers, retailers and users from around

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BP Community Scholarship Program Celebrates 25th Anniversary

More than $2.5 million in scholarships have been awarded since the program’s inception. Over the past 25 years, New York and New Jersey area BP station owners have provided over $2.5 million in scholarships to more than 1,700 promising students. This year, 185 local BP station owners will present a BP Fueling Communities grant donation

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Propel Works With Eco-Energy For Renewable Fuel Supply

Propel Fuels can focus on its “core mission of fueling progress” more often by working with Eco-Energy as its main supplier of fuel. Propel Fuels, a leading retailer of renewable fuels and clean mobility solutions, announced it entered an exclusive supply agreement with Eco-Energy, a distributor of renewable fuels, to reach the company’s E85 demand

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Gilbarco, Shell And Motiva Agree On Passport Service Offerings

Gilbarco Veeder-Root, Shell Oil Products US and Motiva Enterprises LLC signed an agreement, letting Gilbarco offer Passport services to Shell-branded gas stations. Gilbarco Veeder-Root, Shell Oil Products US and Motiva Enterprises LLC (Shell) signed an agreement to let Gilbarco provide Passport service offerings to thousands of Shell-branded stations in the U.S. The agreement gives Shell-branded

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Stop & Shop Opens Second Pembroke, Mass. Store

Stop & Shop invites people to celebrate its grand opening at its newest Pembroke store with rewards on in-store products. The Stop & Shop Supermarket Company LLC opened its doors today at 24 Mattakeesett St. in Pembroke, Mass. Stop & Shop expanded its value and convenience further in the Pembroke, Mass.-area as this is its

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TA To Offer LNG Fueling Lanes

TravelCenters of America answered questions on whether to support the emerging natural gas market today with the help of Shell Oil Products, TA CEO Tom O’Brien says. TravelCenters of America LLC (TA) entered a memorandum of understanding with Shell Oil Products US and its affiliates to construct and run a network of liquefied natural gas

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Gulf Oil Grows In Ohio Through R&R Partnership

Gulf’s iconic orange disk logo begins to appear more throughout major cities in Ohio. Gulf Oil announced a new branded partnership agreement with R&R Takhar Oil Co. returning the motor fuel brand to major Ohio cities for the first time in two decades. R&R Takhar Oil Co., based in the greater-Dayton, Ohio area, plans to

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KickBack Points Program Launches Mobile App

The KickBack Points Program, an industry leading loyalty program, has announced the launch of a new mobile application for use on iPhones and iPads. The app allows consumers to enroll their KickBack card, check their KickBack Points balance or locate participating KickBack Points Program retailers. “We are committed to remaining the industry leader for loyalty

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BP Signs New England Fuel Distributors

Agreements with two fuel distributors cover two-thirds of the 218 BP-branded sites formerly supplied by Green Valley Oil. BP has signed contracts with two New England fuel distributors to supply independent BP-branded gas station operators in the region. Lehigh Gas Corp. has agreed to supply 69 BP-branded stations in Massachusetts and 19 BP-branded sites in New

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Team Oil Leaps into Foodservice

Team Oil Inc. yesterday completed a six-month construction addition to its flagship Team Oil Travel Center in Spring Valley, Wis., opening the doors to expanded facility that includes a Subway franchise, enlarged deli area, new restrooms and a large dining area. Eric Huppert, president and general manager of Team Oil Inc, said the company will

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Chevron Adds inOvationTV

Chevron’s Video-at-the-Pump program featuring inOvationTV is available immediately to selected retailers and can be installed via retrofit to existing Wayne Ovation fuel dispensers. Chevron has approved the new inOvationTV media platform for its Video-at-the-Pump program. Wayne, A GE Energy Business and global innovator of fuel dispensers and technologies, and Gas Station TV (GSTV) will make

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TA Opens Its Fourth Dunkin’ Donuts

TA adds a Dunkin’ Donuts to its Mebane Petro Stopping Center to complement the location’s full-service Iron Skillet restaurant. TravelCenters of America LLC (TA) has announced the opening of Dunkin’ Donuts at the Petro Stopping Center located at I-40/I-85, Exit 157 in Mebane, N.C. The new location will be open from 5 a.m. to 10

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