Crude and gasoline both up a dime
CAMARILLO, Calif. -- Between March 24 and April 7, crude-oil prices gained the equivalent of 10 cents per gallon (CPG). And it was no accident that the U.S. average retail price of regular-grade gasoline did as well. The new average pump price is $2.4327, up 9.64 cents over the past two weeks,...
Pump price slips one penny with crude: Lundberg
CAMARILLO, Calif. -- The U.S. crude oil price benchmark West Texas Intermediate dropped 1.24 cents per gallon equivalent, between March 10 and March 24, according to the most recent Lundberg Survey of approximately 2,500 U.S. gas stations. In the same two-week period, the national average retail...
Tom Kloza on how this winter hit fuel retailers where it hurts
GAITHERSBURG, Md. -- Fuel marketers generally complain about margins, volumes, regulations and the challenges of a highly competitive retail environment under the best of circumstances. But those complaints ring particularly loud and true of late. An exclusive Oil Price Information Service (OPIS)...
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