Since mid-May, gasoline demand has increased 18% to 7.9 million b/d, according to the latest Energy Information Administration (EIA) report. The slow, but steady rise in demand has pushed the national pump price more expensive by 13% in the same timeframe, according to AAA. Today’s national average is $2.10. That’s seven cents more on the…
Marathon Petroleum Delays Speedway Spin-Off
Due to the COVID-19 pandemic, Findlay, Ohio-based Marathon Petroleum Corporation (MPC) plans to defer its Speedway gas station spin-off to early 2021, according a filing with the U.S. Securities and Exchange Commission. The separation was initially scheduled to take place by the end of 2020. “In light of the impacts of the COVID-19 pandemic on…
bp Offers Fuel Discount to First Responders, Frontline Medical Workers
Continuing its support for first responders, doctors, nurses and medical workers during the COVID-19 pandemic, bp is providing a discount of up to 15 cents per gallon on every fill up at bp and Amoco stations for 60 days. Program sign-up is available through bp.com/localheroes, and rewards can be used at the pump with the…
CITGO Reports Q1 2020 Results
CITGO Petroleum Corporation reported its Q1 2020 performance results, which included a net loss of $159 million and an adjusted EBITDA of $38 million excluding the effect of special items. The onset of the COVID-19 pandemic combined with crude oil demand destruction were drivers behind the company’s first quarter results and impacted the industry as…
Autodesk Invests in Energy Innovation With 360Fuel
360Fuel’s vision of a sustainable future for the fuel industry just received a long-term commitment from Autodesk to support initiatives in energy innovation. This investment from Autodesk will support 360Fuel’s mission to design and manufacture the world’s most advanced and lowest-cost alternative fuel dispensers and drive social and environmental impact. Autodesk Inc. is a leader…
Shell, The Fuel Rewards Program Partner With DoorDash
The Fuel Rewards program and Shell have joined forces to provide DoorDash’s drivers, known as Dashers, with a limited-time offer of saving 10 cents per gallon every time they fill up as part of their Fuel Rewards membership. “We know demand for food delivery services from partners like DoorDash has greatly increased over the past…
National Fuel Price Hits Above $2 Per Gallon
For 66 days, the national fuel price average remained below the $2 per gallon mark, pushing as cheap as $1.76, according to AAA, but in the past week, the average has increased to $2.03. Despite the consistent increases at the pump, prices are still significantly cheaper year-over-year. In fact, during the first week of June…
ExxonMobil Wholesalers Donate Gas Gift Cards to Healthcare Workers
Six ExxonMobil-branded wholesalers across Louisiana are donating $13,000 in gas gift cards to healthcare workers. This builds upon ExxonMobil’s support of now 60,000 gallons of fuel for emergency response vehicles, as well as gas gift cards to hospital workers in Baton Rouge. “We are thankful for the dedicated healthcare workers and hospital staff who continue…
Gasoline Canopy Fixture
LSI Industries’ new high-performance, highly configurable LED light fixture for gasoline canopy applications gas ideal for both new and retrofit construction projects, designed to be surface mounted and features a sleek, modern appearance and a low profile. The SCM canopy fixture delivers concentrated, symmetric illumination with outputs ranging from 8,000 to 20,000 lumens at 3K, 4K […]
Growth Energy Celebrates First Anniversary of Year-Round E15
This weekend marks the first anniversary of the U.S. Environmental Protection Agency’s (EPA) final rule allowing American drivers to fuel up with E15, a fuel blended with 15% ethanol, year-round. The rule, issued on May 31, 2019, lifted summer restrictions and represented the culmination of a decade-long campaign that began with Growth Energy’s 2009 ‘Green…