PLYMOUTH MEETING, Pa. -- In the early days of motor-fuel dispenser testing and calibration, using traditional open-neck provers was a perfectly reasonable way for retailers to assess dispenser meter accuracy and ensure regulatory compliance. Fueling facilities weren’t nearly as complex as they are today, and they had much lower average per-store volumes and substantially less expensive petroleum products.
Fast-forward a few decades, and the retail petroleum industry looks very different. Because average per-store volumes have multiplied and product costs are substantially higher, retailers are looking for ways to more accurately measure, trace and analyze fuel inventory. To reduce costly fuel shrink, some retailers have sought out a more precise method of testing and recalibrating fuel-dispenser meters to control and eliminate profit loss at the pump.
In the past seven years, Crompco LLC has calibrated well more than a million fuel meters. As a result, we’ve found that the average retail fuel marketer is giving away approximately $5,700 in fuel profit per site per year.
Here are three problems with today’s common approach to testing and calibrating fuel dispensers, and one possible solution ...