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High Times

Posted by on Feb 22, 2012 in Blog | Comments Off on High Times Gas prices highest ever for this time of year, with predictions running as high as $6 NEW YORK — Gasoline prices have never been higher this time of the year, reported the Associated Press. At $3.53 a gallon, prices are already up 25 cents since January 1. The Oil Price Information Service predicts that gasoline could peak at $4.25 a gallon by the end of April. That would top the record of...
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California gas station surpasses $5 per gallon

Posted by on Feb 21, 2012 in Blog | Comments Off on California gas station surpasses $5 per gallon It is a dangerous waiting game. Will European and U.S. sanctions against Iran bring about a peaceful resolution to quell Iran’s nuclear aggression? Will Israel remain patient and allow additional economic pressure on Iran from China work? Will a collapsing Iranian economy be the catalyst for an overthrow of the current regime? Or, would heavy blows to Iran’s economy accelerate a...
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Consumers Hold Misconceptions About Fuel Retailers

Posted by on Feb 17, 2012 in Blog | Comments Off on Consumers Hold Misconceptions About Fuel Retailers ALEXANDRIA, Va. — New research findings released today by NACS put a spotlight on convenience stores, fuel retailing and consumers’ misperceptions about them, notably that retailers make 48 cents per gallon in profit after expenses. The reality is, they only make about 2 to 4 cents per gallon, according to the 2012 NACS Consumer Fuels Report. Additionally, the majority of consumers...
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Sky-high gas prices loom

Posted by on Feb 16, 2012 in Blog | 1 comment It’s only mid-February, but energy analysts already are warning of a perfect storm that could drive gasoline prices to all-time highs when the weather warms up. The latest evidence came in Tuesday’s monthly California gas price survey released by AAA. AAA said the average statewide price of regular unleaded gasoline climbed 15 cents from last month to $3.85 a gallon. That’s on...
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Tesoro to Replace Dealers at 240 West Coast Stations

Posted by on Feb 15, 2012 in Blog | Comments Off on Tesoro to Replace Dealers at 240 West Coast Stations Switching to its own operators, rebranding to USA from ARCO, Thrifty SAN ANTONIO — Tesoro Corp. plans to rebrand 241 stations in southern California to its USA flag and will replace the dealers currently leasing the outlets with its own commission operators, CSP Daily News has learned. The stations are owned by long-time chain marketer Thrifty Oil but had been leased to BP for the last 20...
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