Fuels Resource Center
Fueling up 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, unless things aren’t as easy or convenient. We give you an insider’s view at how fuel is produced, refined and ultimately sold at convenience stores across the United States. And, we look at some of the issues that could affect an otherwise easy and convenient fill up.
Fuel Prices
From refinery maintenance to consumer demand, seasonal fuel production affects gas prices at the pump.
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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 among the most recognizable price points in American commerce.
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A primer on octane’s role in fuel and its impact on vehicles.
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Why diesel historically costs more than gasoline and other takeaways about the diesel fuel and vehicles market.
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Gas prices that end in 9/10th of a cent are standard practice today. It’s a practice that has its roots in the 1930s.
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Consumer Insights
Four insights shed light on how fuel retailers can further delight customers in 2020. (Source: NACS Magazine, March 2020)
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A new NACS report reveals 9 habits that gas-buying customers are likely displaying at the nearly 122,000 convenience stores in the United States that sell fuel.
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Convenience stores sell nearly 80% of the gasoline purchased in the U.S., and gasoline is currently the fuel of choice for nearly 40 million U.S. drivers who fill up every day.
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NACS consumer surveys reveal how, when and where customers buy gas at U.S. convenience stores.
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Five insights shed light on how fuel retailers can further delight customers in 2019.
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Frequent customer trips and transactions are vital to the success and profitability of the U.S. convenience and fuel retailing industry.
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Insights from NACS Consumer Fuels Surveys on consumer perceptions related to gas prices and the economy overall.
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Electric Vehicles
With automakers redirecting more than $1 billion in resources for more than 100 new electrified models, the growth of the EV market is set to accelerate. (Source: NACS Magazine, June 2020)
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Norway is now a global test lab for electric cars and for the new consumer behaviors the transition to electric creates. (Source: NACS Magazine, April 2020)
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What will it take to accelerate electrification and EV growth?(Source: NACS Magazine, August 2019)
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Fuel retailers investing in an EV infrastructure seek a level playing field with utility companies when it comes to reselling electricity. (Source: NACS Magazine, January 2019)
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The Fuels Institute is a nonprofit organization that is dedicated to evaluating issues affecting the vehicles and fuels markets. The organization commissions comprehensive, fact-based research projects that are designed to answer questions, not advocate a specific outcome.
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.
On Convenience Matters, a weekly podcast brought to you by NACS, we bring listeners unique ideas and insights on all things related to convenience and fuels.