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Gas Retailers Feel Pain at the Pump From Credit Card Fees

WASHINGTON, D.C. — While it is easy to believe that gas retailers are making a profit every time the price at the pump ticks up a few cents, the reality is operators lose money, according to the Merchants Payments Coalition (MPC). The Oil Price Information Service recently reported gas stations took in 13 cents a gallon in gross profit — before taxes, payroll and other overhead...
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Reasons Why Gasoline Prices are so High

By. Richard Heinberg Source: Post Carbon Here in northern California gasoline is now retailing for $4.20 a gallon. Prices haven’t been this high since mid-2008. Forecasts for $5 per gallon gas in the US this summer are now commonplace. What’s driving prices up? Most analysts focus mostly on two factors: worries about Iran and increased demand from a perceived global economic recovery....
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National Gas Price Weekly Average Is $3.79

WASHINGTON — Gas prices continue to move upward, settling at an average price of $3.79 a gallon, the U.S. Energy Information Administration (EIA) said Monday. Some consumers have been paying more than $4 a gallon for weeks. This week’s average price for regular gas was up 27 cents from a year ago, and up 7 cents from last week. GasBuddy, which provides local prices online and through...
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Judge Blocks Graphic Cigarette Warning Labels

Rules that federal mandate violates free speech rights WASHINGTON — A judge has blocked a federal requirement that would have forced U.S. tobacco companies to put large graphic images on their cigarette packages later this year to show the dangers of smoking and encouraging smokers to quit lighting up, reported the Associated Press. U.S. District Judge Richard Leon in Washington ruled that...
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Expanding C-store Sales Starts With Shopper Insights

ALEXANDRIA, Va. — Convenience store operators do not have the luxury of standing still, and only those that create engaging shopping experiences will position themselves to move forward into the next era of retail growth, according to a new consumer insights report. The NACS/Coca-Cola Retailing Research Council (CCRRC) report, “C-Growth: Using Shopper Research to Grow C-Store...
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