Wholesale, retail gasoline price cuts eat into retail margin
CAMARILLO, Calif. -- During the three-week period from June 17 to July 8, the U.S. average retail price of regular-grade gasoline dropped 7.29 cents. This marks a total decline of 7.98 cents per gallon (CPG) over five weeks, according to the most recent Lundberg Survey of approximately 2,500 U.S...
While current trend is down, GasBuddy cites factors that could pressure retail costs
BOSTON -- The national retail average for regular gasoline dropped for almost three weeks to $2.26 per gallon by July 5, the longest consecutive decline since February, according to Boston-based GasBuddy. As of July 5, more than 20,000 gas stations in 32 states were selling gasoline for less than $...
As traditional fuel taxes fail to cover funding for roads, states eye usage fees
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