Despite 19 months without a minimum markup law on gasoline in Wisconsin-during which time customers enjoyed cents off per gallons and mom and pop stores continued to thrive-the law has been reinstated, the Wisconsin State Journal reported. On Friday, a federal appeals court brought Wisconsin’s minimum markup law on gasoline back from the grave, saying…
Gasoline Prices Again Headed Higher
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale costs for gasoline are again moving higher across the country after a steep sell-off in late June into early July, with sharp gains realized during the first full week of July putting prices on either side of levels seen in late June. The increase in wholesale…
Expectations Driving Gasoline Prices Higher
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail prices across the country are positioned to move higher in early May, which is typical this time of year as the market prepares for increased driving demand during the warmer months in late spring and summer. Climbing retail prices follows a renewed push higher in…
Gasoline Prices Pushing Higher
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Gasoline prices at retail outlets across the country are again moving higher after the uptrend briefly stalled in several metropolitan markets with a downturn in wholesale costs. However, wholesale gasoline costs are again on the march higher, pushed up primarily by a bullish market sentiment. There…
U.S. Gasoline Prices Fall
The average price of regular gasoline at U.S. filling stations declined to $2.67 a gallon as gasoline futures plunged and demand weakened, Bloomberg reported. Gasoline lost 5.8 cents in the two weeks ended Feb. 5, according to a survey ending on the same day of 5,000 filling stations nationwide by Trilby Lundberg, an independent gasoline…
Gasoline Starts New Year Moving Higher
Retail gasoline across the major metropolitan markets of the U.S. brought in the New Year with price increases, with pump prices to continue climbing during the first full week of 2010. Underpinning the advance has been a rallying financial market for crude oil and gasoline, with crude oil again above $80 per barrel and gasoline…
New Jersey ExxonMobil Dealers Unite
By John Lofstock, Editor When ExxonMobil Corp. announced last June that it was getting out of direct-store operations, dealers of its venerable retail brands found themselves at a crossroads. They could either be on the receiving end of the deed to their own properties or be forced to work with a new master and an…