Fuel consumption
As in-store sales level out, national fuel consumption continues to slide, with the number of gallons purchased per week declining 39% since Jan. 6, according to Skupos.
"This represents an average decrease of 3.27% per week, with peak decline rates in regular, mid/plus and premium occurring the week of March 23," the company said. "As travel ramps back up once stay-at-home orders are lifted, gasoline demand will increase."
Between Jan. 6 and April 6, gallon purchases nationally are down:
Regular: 38.85%
Mid/plus: 37.13%
Premium: 41.86%
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San Francisco-based Skupos drives revenue growth and operational efficiency across all segments of the retail industry through the collection of billions of transactions every year. More than 13,000 customers across the United States rely on Skupos’ platform to provide actionable insights that enable brands, distributors and retailers to increase sales volume and employee productivity.