Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs are again moving lower, pressured in early June by worry over economic growth highlighted by an increase in the U.S. unemployment rate in May. Poor results in manufacturing and housing detailed in recent data releases have also piled onto the heightening concern over the [...]
Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. retail gasoline price average should dip from a one-month high, as wholesale gasoline prices at distribution terminals in major metropolitan markets eased slightly during the final full week of September. Wholesale spot prices did increase early last week, slumped midway through the week, while again [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN When gasoline prices at the pump spike, consumers should realize that theses daily and weekly changes are muted when considering the extraordinary volatility in the wholesale market. This risk is primarily borne by wholesalers and retailers that look to more gradually pass on these costs to [...]