With the cost of oil retreating and the domestic gasoline demand declining, AAA has predicted that the gas prices may stall until Memorial Day. However since last week, the national average has dipped two cents to $3.65. “Domestic gas demand is pretty pokey at the moment, which is often the case in the runup to…
PDI Technologies Shares Results from Annual Retail Survey Report
PDI Technologies has released the fourth edition of the “Sustainability, EV, and Convenience Retail Survey Report.” The report revealed that consumers are increasingly looking for more environmentally friendly options, especially in the fuel and convenience retail industry. The annual survey also showed that consumers are willing to pay more for sustainable products at an increased…
EPA Issues Fuel Waiver for E15 Summer Sales
The U.S. Environmental Protection Agency (EPA) decided to issue an emergency fuel waiver to allow E15 gasoline — gasoline blended with 15% ethanol — to be sold during the summer driving season. This action will provide communities with relief at the pump from ongoing market supply issues created by the ongoing war in Ukraine and conflict…
Global Partners Acquires Liquid Energy Terminals from Gulf Oil
Global Partners has closed on its acquisition of four liquid energy terminals from Gulf Oil. The terminals are located in Chelsea, Mass., New Haven, Conn., Linden, N.J., and Woodbury, N.J. The company noted that the acquisition will further enhance its position in the energy economy of the Northeast. Strategic Growth With a combined shell capacity…
Marathon Transitions to Renewable Diesel for Two California Fleets
Marathon Petroleum has announced that fleets at its Vinvale and East Hynes, Calif., locations have transitioned to using renewable diesel. The move was made to reduce the company’s carbon footprint and “contribute to a cleaner future,” the company noted in a press release. Previously, in 2023, two Marathon Petroleum Transport and Rail (T&R) fleets and two…
Industry Reacts to Approval of Year-Round E15 in Eight Midwest States
The Biden Administration has approved the year-round sale of E15 fuel in eight Midwest states — a decision that will take effect in the summer of 2025. The decision came after an April 2022 petition to the Environmental Protection Agency (EPA) from the states of Illinois, Iowa, Minnesota, Missouri, Nebraska, Ohio, South Dakota and Wisconsin.…
Shell Expects Liquefied Natural Gas Demand to Climb Beyond 2040
Shell recently released its LNG Outlook 2024, in which the company estimates that demand for LNG will rise by more than 50% by 2040, as industrial coal-to-gas switching speeds up in China, South Asia and Southeast Asia. More and more countries are beginning to use LNG to support their economic growth, according to the report.…
Stewart’s Shops Stays Prepared for Winter Weather
As winter continues to rage on, Stewart’s Shops has reaffirmed that it can still be a one stop shop for combatting the elements. As part of this goal, Stewart’s Shops offers a variety of products to help customers make it through the winter comfortably, including non-ethanol gas. Premium non-ethanol is the best option for winter…
Pump Prices Expected to Slowly Climb
While gas prices have remained low the past week — with the national average for a gallon of gas dipping slightly before rising to a fraction of a cent higher to $3.15 — seasonal demands, higher costs for oil and routine maintenance will likely cause prices to climb slowly, according to AAA. “It feels like…
Sacramento Looks to Ban Gas Stations
In the 2040 Sacramento General Plan, the California city has proposed banning the construction of new gas stations. The plan also included intentions to add electric vehicle (EV) charging to existing sites. The efforts come as the city attempts to reduce the use of fossil fuels and gas-powered machines in the city. “The City shall…