By Brian L. Milne, Refined Fuels Editor, Telvent DTN Drivers across most major metropolitan markets in the United States should see the increase in retail prices at their local outlets freeze in the week leading up to Easter Sunday, with some markets potentially seeing a decrease at the pump. The forecast is based on a…
Trend for Retail Gasoline Prices Points Higher
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs ended February mixed, higher in the West Coast amid seasonal changes in fuel specifications, while other parts of the country mostly saw these costs decreasing. However, the trend moving forward points to climbing gasoline prices at the pump, while the wholesale market is…
Boost in Crude Costs to Offset Pass Through Savings
Brian L. Milne, Refined Fuels Editor, Telvent DTN Weekly gains in the gasoline wholesale market driven by higher crude costs leading up to the Valentine’s Day weekend will interrupt the national decline in retail gasoline prices midway through February. The U.S. average price for retail gasoline prices had decreased for four consecutive weeks through the…
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…
Gasoline Pump Prices to Continue Decline
Brian Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices across the United States will continue to decline, as the impact of tumbling wholesale costs pull pump prices lower. Since posting a 15-month high in early January, wholesale gasoline costs are down nearly 9%, while retail prices have just inched lower. That lag in the…