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CITGO Announces Roundtable Meetings

Marketer Roundtable Meetings to showcase new programs and programs for the company. CITGO Petroleum Corp. is convening 18 Marketer Roundtable Meetings in the New Year, each with a strong message of growth in 2012. Scattered throughout its marketing footprint, these meetings provide opportunities for marketers to hear directly from the CITGO team about new programs

Wholesale Gasoline Costs Slide into Late October

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs slid across the country’s major metropolitan markets ahead of the final week of October, falling amid a year-on-year supply surplus and tepid demand. The decline has been limited however, displaying uncommon contra-seasonal strength despite the weak state of fundamentals, propped up by a

Wholesale Gasoline Costs Tumble with Pipeline Restart

By Brian L. Milne, Refined Fuels Editor, Telvent DTN A relatively quick return, just over a week, in pipeline deliveries on Energy Partners, L.P.’s Lakehead system after it was shut on Sept. 9 due to a leak pressured wholesale gasoline costs through today, especially in the Midwest. Enbridge was forced to shut a key pipeline

Gasoline Prices Again Headed Higher

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale costs for gasoline are again moving higher across the country after a steep sell-off in late June into early July, with sharp gains realized during the first full week of July putting prices on either side of levels seen in late June. The increase in wholesale

Wholesale Gains to Arrest Retail Fuel Decline

by Brian L. Milne, Refined Fuels Editor, Telvent DTN Countrywide, wholesale gasoline prices were mixed for the week-ended Monday (6/14), with markets along the West Coast down slightly while increasing elsewhere in the U.S. The higher wholesale costs were triggered by gains in the financially traded oil futures market, with supply in the physical market

Gasoline Continue Slide into Memorial Day

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices continue tumbling, down nearly 50 cents from the start of May after another week of double-digit declines across most metropolitan markets nationwide through May 24. The drop in wholesale values is gradually filtering through to retail outlets, offering a savings for holiday travelers

Gasoline Continue Slide into Memorial Day

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices continue tumbling, down nearly 50cts from the start of May after another week of double-digit declines across most metropolitan markets nationwide through May 24. The drop in wholesale values is gradually filtering through to retail outlets, offering a savings for holiday travelers this

Has Gasoline Posted its Seasonal High Already?

Brian L. Milne, Refined Fuels Editor, Telvent DTN Nationally, the average price for regular grade gasoline spiked to a $2.858 gallon 17-month high on April 12, according to the Energy Information Administration which surveys for this information, and wholesale costs have increased in most of the country’s metropolitan markets since. Those wholesale cost increases will

Boost in Crude Costs to Offset Pass Through Savings

Brian L. Milne, Refined Fuels Editor, Telvent DTN Weekly gains in the gasoline wholesale market driven by higher crude costs leading up to the Valentine’s Day weekend will interrupt the national decline in retail gasoline prices midway through February. The U.S. average price for retail gasoline prices had decreased for four consecutive weeks through the

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