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…
Gas Station TV Hits 26 Million Monthly Impressions
Gas Station TV, a national away-from-home television network delivering a one-to-one consumer viewing experience, reached 26 million monthly Nielsen-verified fueling impressions this month, at a time when traditional home broadcast television is hitting historic record low viewership. For more than two years, Gas Station TV has been delivering Nielsen Pocketpieces to the advertising community. Next…
Gasoline Prices Climbing Sharply across U.S.
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices are poised for sharp increases across the country in early April following big gains in the wholesale market right in front of the Easter holiday, which follows mostly flat to lower prices at many local stations in late March. Driving the advance in…
Retail Gasoline Climbs as Wholesale Costs Mount
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale costs for gasoline moved sharply higher during the first week of March, pushed up primarily by technical trading underpinned by bullish sentiment. Gasoline exports to Canada and Chile also supported a higher wholesale market. Higher wholesale costs are seen pushing retail gasoline prices up across…
Wholesale Gasoline Costs Extend Decline
By Brian Milne, Refined Fuels Editor, Telvent DTN Gasoline costs in metropolitan wholesale markets across the U.S. are posting between a nickel and dime declines to start February compared with week prior pricing, as the market continues to slump after financially traded gasoline contracts spiked to a 15-month high in early January. The early year…
Gas Prices in Maryland Up 20 Cents Per Gallon
Oil prices experienced a rare dropped this week, causing gas prices to decline about one cent per gallon, Maryland’s NBC25 News reported. Meanwhile, gas prices in Maryland are up about 20 cents compared to last month. Retailers report that fluctuating gas prices have prompted some drivers to decrease their mileage and, regardless of frustrated customers, retailers…
Pullback in Wholesale Costs Leads to Fuel Price Decline
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Better than a nickel decline in wholesale prices for metropolitan markets across the U.S. during the weekly period ended on Martin Luther King Jr. Day will arrest the rapid increase in retail gasoline prices seen since late 2009. The U.S. average retail price for regular grade…
Fuel Rising Fast
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The average price for regular grade gasoline sold at retail outlets across the United States is poised to climb to a 15-month high early this week when government pricing data is released, with the Jan. 4 average reported at a $2.665 gallon two-month high. A 3-cent…
Summer Fuel Outlook
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Understanding the market movements for energy commodities in 2009 has become complicated. The old way of looking at the market through the lens of supply and demand seems to hold less relevance. Now, broad-based economic indicators are overruling an inventory buildup or a slump in demand.…
Simon Says: Refine Your Retail
Don Glenn and Jake Leatherman had just wrapped up three store visits to Atlas Oil customers in southern Michigan when their conversation turned from coffee to a slightly more slippery substance: petroleum. “Four dollars,” said Glenn, director of retail sales at Taylor, Mich.-based fuel distributor Atlas. “That’s where everybody’s world changed.” Leatherman, Atlas’ senior retail…