Why prices are low, why they will stay low and what could reverse the plunge
FRAMINGHAM, Mass. -- In his fabulous book about prediction , Nate Silver introduced the concept of distinguishing between the signals and the noise. Although Silver famously missed the prediction on our recent presidential election, his predictive powers are still among the best, and the concept in...
Crude oil bounce a no-show
CAMARILLO, Calif. -- Nationally, the regular-grade retail gasoline price dropped 0.46 cents in the past two weeks, even though crude-oil prices bounced up the equivalent of about a dime per gallon. Refiners passed through higher oil prices into wholesale gasoline, but retailers did not—thereby...
With EMV liability-shift deadline delayed, fuel retailers ponder when to make the shift
MYRTLE BEACH, S.C. -- As convenience-store retailers weigh when to upgrade their fuel dispensers to meet Europay Mastercard Visa (EMV) standards in advance of the 2020 liability shift , one big question is how to maximize the return on that investment. At the recent Gilbarco Retail Technology...
Refiner, retailer weigh in on fuel demand, the Trump administration and OPEC
What consumers want and why many won’t participate
The largest U.S. refiner sees growth opportunities in fuel demand, RINs and more
Enthusiasm for electric vehicles and hybrids consistent, despite lower gasoline prices: AAA