CITGO teams with Condon Oil to raise a grand total of $40,286 for the Muscular Dystrophy Association (MDA) in 2012. Condon Oil teamed with CITGO Petroleum Corp. and members of the Ripon, Wis., community to raise more than $30,000 for the Muscular Dystrophy Association (MDA) in 2012. The two companies teamed up for the 13th [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices countrywide remain on an upward trajectory, while pump prices in the upper Midwest metropolitan markets are set to surge after operational issues cut oil refining activity. Nationwide, retail gasoline prices are set to extend July’s upside push into August after consistently declining during [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices in the U.S. will continue to increase early this week, maintaining the trend seen this month, after wholesale costs jumped more than a dime nationally during the third full week of July. The string of price declines seen during the second quarter reversed [...]
Gilligan’s new manager of business development has years of experience in the c-store industry. Neal McDermott joined the Gilligan Oil Wholesale Fuel Team this summer as its new manager of business development. McDermott has been in the c-store industry for more than 30 years, working for BP and Lehigh companies. He has a solid background [...]
by Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration (EIA) chopped 19 cents off the previous average it expected for U.S. gasoline prices this summer to a new $3.60 gallon estimate, while anticipating this year’s average for regular grade gasoline at $3.56 gallon and $3.51 gallon in 2013. That compares with [...]
By Brian L. Milne, Refined Fuels Editor for Telvent DTN From the Friday before Memorial Day to June 1, the gasoline futures contract took a 23.61 cents or 8.2% plunge in value, with the contract early Monday (6/4) trading at its lowest point in 2012 at $2.5971 gallon. The precipitous drop came with a host [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. retail gasoline average for regular grade snapped more than two months of consecutive gains, inching down 0.2 cents to $3.939 gallon on April 9 which made it the second weekly decline in the average out of the past 16 weeks [...]
The Taylors will drive throughout the 48 contiguous states to demonstrate improved fuel efficiency. As global energy demand continues to rise, Shell is helping to improve energy use for transportation through Smarter Mobility. Demonstrating that improved fuel efficiency is possible today, the Shell Smarter Driving program helps inform motorists on how to make the most [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices, with regular grade averaging at a 10-month high of $3.867 gallon nationally per the Energy Information Administration’s (EIA) latest weekly release, is set to continue higher, with several analysts projecting a $4.10 to $4.15 gallon average before a retreat in pump prices. Throughout [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices in the U.S continue to move higher and climbing wholesale costs in most major metropolitan markets through mid-March show the trend will continue into April. Moreover, the swift increases in gasoline costs that are being passed through the supply chain suggest the U.S. [...]
“The initiative includes a newly designed Website and a free PS Food Mart mobile app,” says president and CEO of Folk Oil. PS Food Mart recently launched a new Website and is now providing a free mobile app for customers with smartphones. The new PS Food Mart site showcases store amenities, products, promotions, gas prices [...]
At 6,500 square feet, the new Hillsboro location is considered one of the largest c-stores in Jefferson County. Home Service Oil Co., which operates Express Mart convenience stores in and around Jefferson County, Mo., just south of St. Louis, has recently opened two newly-built Express Marts that are enormous in size. Their new Hillsboro location [...]
Ricker’s Rewards card connects to customers’ checking accounts, so they can use the card like a debit card for discounts on in-store and gasoline purchases. Ricker Oil Co. is launching a rewards program this week to drive traffic and help customers battle escalating gas prices, the Indianapolis Star reported. The Ricker’s Rewards loyalty program offers [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices surged in February, with the futures contract soaring to a high last seen on July 28, 2011, with gasoline demand during the summer months the highest. The gasoline futures contract, called RBOB (Reformulated Blendstock for Oxygenate Blending) and trades on the New York [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices in the U.S., which have already reached a nearly five-month high, are set to again increase as wholesale costs continue to climb on multiple factors from geopolitical risk to unexpected refinery outages. At $3.523 gallon as of Feb. 13, the Energy Information Administration’s [...]