The cost of gas: How two stations set their pricesJOHN WILEN
Before oil prices started skyrocketing this year, the previous high was 4.11 U.S. dollars, set in 2008, according to AAA. Some analysts predict that gas prices may not hit their peak until around mid-July, when the summer road trip season tends to hit its highest point. Usually, gasoline...
Gas stations can use mobility data and foot traffic counts to make smarter decisions with real-world data. It enables sharper demand forecasting based on specific data points like consumer behavior and activity. Location data can help a gas station do things like: Understand site potential using ...
With returns costing retailers an average of 21% of the order value3, and searing gas prices set to increase this further, many brands are now saying enough is enough. Especially as apparel has the highest returns rate of all product categories4, the fashion sector is again leading th...
and temporarily raised their gas prices. There was no actual shortage, but the perception of one increased the demand for gasoline. This resulted in stations suddenly charging unjustifiably high prices—in one reported area, $4 a gallon for gas when the price had been $1.40 four hours earlier...
In a sector now raking in $106 billion per year, Canada has over 11,900 gas stations trading within an industry which continues to grow at a steady rate. Running a gas station requires owners to compete with rivals, manage volatile gas prices and rising overheads, while also meeting the ch...
5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose, 5% cash back on prepaid air, hotel and car reservations booked directly in the Rewards Travel Center, 2% cash back on one everyday category, like gas stations/EV charging stations, ...
Gas stations also pay an excise tax to the federal government. In 2013, the federal tax rate stood at 18.4 cents per gallon, or 24.4 cents per gallon for diesel -- a figure that has remained unchanged since 1993. Depending on its location, the station may bear additional taxes, such as...
How Miles Driven and Regional Pricing Affect Gas Expenses As an example of how regional gas prices affect drivers’ monthly spending, consider two drivers, one from Wyoming and another from Connecticut. They both drive a 2021 Chevrolet Silverado 1500 2LT. This vehicle features a 2.7-liter engine...
This random sampling study indicates that all the gas stations comply with the diesel lubricity limits set by EN590. However, there are variations in diesel lubricity between the gas stations. Use of Ducom HFRR was very successful in finding fine differences in diesel lubricity among different gas...