Customers can instantly drop the price at the fuel pumps by up to $1 using their Dropoints card. In effort to offer greater rewards to its loyal customers, Oasis Stop ‘N Go, of Twin Falls, Idaho, and Mid Pac Petroleum, based in Honolulu, Hawaii, and have joined the Dropoints redemption network. Their gas stations combined…

By Brian L. Milne, Energy Editor, Schneider Electric In futures trading, the nearest delivered New York Mercantile Exchange RBOB (reformulated blendstock for oxygenate blending) contract surged 17.82 cents or 6.2% from Jan. 25 to Feb. 1, with supplier postings at terminals serving major metropolitan markets up sharply, reflecting some of that increase from paper trading.…

Chevron is gaining momentum through its corporate social responsibility initiatives and a growing loyalty program with Safeway. We increasingly hear that corporate social responsibility has become a business imperative. Not only do responsible and transparent approaches help build brand and reputation, they help strengthen the community and, therefore, the marketplace. A solid business plan, embedded…

Chris Park, a KickBack customer from Denver, wins two tickets to the Super Bowl, roundtrip airfare for two, four nights hotel in New Orleans and much more as part of the loyalty company’s annual Super Bowl giveaway. Membership has its privileges. Chris Park, a loyal Conoco and KickBack Points customer from Denver, has won KickBack…

By Brian L. Milne, Energy Editor, Schneider Electric The American Petroleum Institute (API), the Washington, DC-based trade organization for the oil and gas industry, on Jan. 18 said at 8.7 million bpd U.S. gasoline deliveries in 2012 fell to their lowest level in 11 years, while down 0.4% compared with 2011. During 2012, gasoline demand…

Brian L. Milne, Energy Editor, Schneider Electric Most major metropolitan markets in the U.S. experienced a decline in wholesale gasoline costs coming into the second full week of 2013, which should cap and upside push by retail gasoline prices that have edged higher since registering the low for 2012 in mid-December. Wholesale gasoline costs, the…

The Wyatt brothers, co-owners of the 89 year old Geo. H. Green Oil Co. of Fairburn, Ga., announced today the continued success of their annual fund raising efforts. “Despite a seriously challenged economy our great team found ways to continue our record of success raising more than $26,000 in just 27 days–an increase of 4%…

By Brian L. Milne, Energy Editor, Schneider Electric U.S. retail gasoline prices fell to an 11-month low in early December as building inventories and weak demand again pressured wholesale costs, with the Energy Information Administration’s (EIA) weekly retail average for regular grade gasoline down in eight of the last nine weeks to $3.349 gallon. View…

By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs moved lower coming into the second week of December, reflecting sliding values in spot and futures trading that will also prompt another decline in retail prices, which the Energy Information Administration (EIA) last said averaged nationally at a $3.394 gallon five-month low. The U.S.…

By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs were mostly lower at major metropolitan markets across the U.S. coming into December, slipping on building supply and weaker demand, with gasoline consumption failing to get a sizeable jump during the Thanksgiving holiday. Implied gasoline demand did reach weekly summer demand levels leading up…