The ‘20s have arrived carrying early signals that this decade will begin to bring transformation to the fuels market as convenience store retailers know it. C-store operators are pivoting with the changes, piloting electric vehicle chargers, experimenting with a range of fuel options and evaluating market headwinds and tailwinds. And they’re not alone. Fuel…
Loop Opens Store in Sacramento
The elite ‘Next Generation Convenience Store,’ Loop Neighborhood, is excited to announce the opening of its newest location in Sacramento, Calif., marking Loop’s third location in the city and 33rd location overall. “It is truly amazing to experience how Loop has expanded since its conception in 2013,” said Varish Goyal, CEO and president of Loop…
Parkland to Acquire Western Oil Distributor Kellerstrass
SALT LAKE CITY – Calgary, Alberta-based Parkland Fuel has entered into an acquisition agreement with Kellerstrass Oil Co., a market leading fuel and lubricant business with operations in six U.S. western states. Kellerstrass announced the deal, which will go through Parkland’s U.S. based subsidiary, Parkland USA. Parkland is one of North America and the…
Casey’s Partners With Nebraska Corn Board to Add E15 to 12 Locations
Casey’s General Stores has partnered with the Nebraska Corn Board (NCB) to increase access to higher blends of American ethanol. Through its blender pump incentive infrastructure program, NCB provided grant assistance to help Casey’s upgrade existing fuel pumps to offer Unleaded88, or E15. Twelve Casey’s locations in Nebraska have been upgraded — nine in Omaha, one…
National Fuel Prices Remain Stagnant
Despite crude oil price fluctuation and growing geopolitical concerns with Iran in the last week, the national gas price average has held steady at $2.58 since the beginning of the year, according to AAA. The current national average is two cents more than last month and 34 cents more expensive than the beginning of 2019.…
Considering Unleaded 88
There’s a big push throughout various parts of the country to introduce higher ethanol blends beyond the traditional E10 level. Adding 5% more ethanol results in a slight one-point increase in octane, from 87 for E10 to 88 octane for E15. In addition to a higher octane claim, the product can currently be offered at…
National Fuel Price Average Steady Amid Iran Tensions
The national fuel price average held steady on the week at $2.58, but that could change depending on the movement of crude oil prices due to geopolitical concerns, according to AAA. Following airstrikes in Baghdad last Friday, which killed Iran’s Major General Qassem Soleimani, crude oil prices increased, causing market speculation about what could happen…
2020 to See Higher Fuel Spending for Some Consumers
The national average gas price in 2020 will be lower than 2019, but a robust economy could mean that some households increase consumption, driving their fuel bill higher, according to a GasBuddy report. GasBuddy predicts that 2020 will feature a yearly national average of $2.60 per gallon, representing a two-cent drop versus 2019, but warns…
ExxonMobil Enables Fuel Payment With Amazon Alexa
Later this year, consumers with Alexa-enabled vehicles, Echo Auto and other Alexa-enabled mobility devices will be able to say, “Alexa, pay for gas” to pay for fuel at over 11,500 Exxon and Mobil stations. Transactions will be processed using Amazon Pay, allowing consumers to securely use the payment information stored in their Amazon account, and…
Fuel Prices Expected to Decrease
The end of the year historically sees lower fuel prices. This was true in 2018 when the national gas price average was recorded at $2.26 on Dec. 31, according to AAA. However, the national gas price average has not dipped that low this December. AAA forecasts that gas prices will continue to decrease, with the…