fuel volume

Mergers & Acquisitions

Stewart’s Shops Acquiring Red-Kap

Retailer will add 8 c-stores, more than 75 dealers and expand fuel distribution business

Fuels

Crude Oil Price and Product Demand Both Down

Pump price cuts gaining speed

Gasoline price slide continues

Street price down a penny, more cuts likely

Analysis from IHS Markit observes record pace of recovery

Average retail gasoline price still $2.25 per gallon

Pump price a no-change, gasoline glut persists, retailers regain one penny in gasoline margin

Gasoline margin bleed staunched at last

The COVID-19 crisis has led to a jump in RV sales, an opportunity for fuel retailers

But further retail increases not likely

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