Fuels
Refueling is so easy and so convenient that just about every one of the nearly 40 million Americans who fill up every day don’t think twice about it. Find out how fuel is produced, refined and ultimately sold at nearly 120,000 convenience stores across the United States.
Fuel Prices
Today's practice of gas prices that end in 9/10th of a cent began in the 1930s.
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From refinery maintenance to consumer demand, seasonal fuel production affects gasolines prices at the dispenser.
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Gas prices often differ because of three broad factors: taxes, fuel blends and margins.
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Gasoline prices are one of the most recognizable price points in American commerce.
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Retail Operations
The convenience store selling a specific fuel brand is often owned and operated by an independent operator.
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An estimated 80% of the gasoline purchased in the United States occurs at a local convenience store.
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There is a lot of complexity related to payments at the pump depending on whether a customer is paying by cash, credit or debit.
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Convenience Corner Blog
Yes, they make money—but let’s look at how much profit is from gas.
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Gas prices have surged between $3 to $4 since late 2022. What caused previous peaks and valleys with prices?
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There is no “average” fuel retailer, so all the costs that go into a gallon of gas vary from station to station.
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Within the first 24 hours of taking office, President Trump revealed the administration’s energy policies.
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Turns out that U.S. presidents have very little control over the price per gallon consumers pay at the pump.
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What are they, how long could it take for e-fuels to become a viable transportation energy source and what will it take to make it happen?
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Every day, 40 million Americans fill up and way more than that will be talking about gas prices.
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Wherever your customers go, there will 55 million of them on the road this Thanksgiving, and tens of millions more over Christmas and New Year’s.
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From personal experience, there are ample opportunities to better educate drivers on the basics of operating an electric vehicle.
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Is it the banking and credit card industry, or the retailer? The answer is obvious.
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Easing consumer pain is a good idea, unless it causes more problems.
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The question drivers are asking after oil prices dropped significantly, to under $100 a barrel.
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Yes, gas prices are up, but they’re only a fraction of the cost of a vacation. And yes, you should take one!
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Global issues are pushing oil prices higher—and that’s affecting gas prices at your local c-store.
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Contact
If you have a question about the retail fuels industry that you would like answered, contact:
Jeff Lenard
Vice President
Strategic Industry Initiatives
(703) 518-4272
Lyle Beckwith
Senior Vice President
Government Relations
(703) 518-4220
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The Transportation Energy Institute is a non-advocacy research organization dedicated to studying all aspects of transportation energy. They are the most diverse organization in the fuels and vehicles markets, creating a place in which stakeholders of all persuasions can come together to collaborate, share perspectives and commission objective research analyzing the challenges and opportunities facing the market.
Fuels Market News, published by NACS, is the downstream petroleum industry’s trusted source for fuels-related news and information. Encompassing a content-rich news website, weekly e-newsletters and an event-focused print magazine, FMN covers all things related to the fuels industry.
Our weekly Convenience Matters podcast shares unique ideas and insights on all things related to convenience and fuel retailing.