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Issue DateTitleSubjectsCAPTION
Aug 26 2010
SUSSER PETROLEUM: BUCKING HEADWINDS

Company Profile



While the U.S. economy and gasoline demand languish and not a few in the industry cancel retail expansion plans or undergo pull outs, others out-perform and celebrate their success. This report features the exceptional Susser Petroleum.
Aug 18 2010
Retail Diesel Offering Is Increasing
INSIDE THE DIESEL-GASOLINE PRICE SPREAD
Diesel

Retail/Wholesale Prices

Station Population
Diesel fuel, costing the industry more to make and distribute than gasoline, also tends to bring dramatically higher retail margins. So far this year metro market diesel margin averages 10.4ยข higher than regular grade gasoline margin. What forces have changed the price relationship between gasoline and diesel, caused more stations to offer diesel, and brightened future sales prospects?
Jul 16 2010
Lousy Economy Continues Gasoline Glut
WHY 2010 STREET PRICES ARE MORE STABLE
Retail Prices



In the middle of a lackluster Summer driving season, excess refining capacity, underemployment, and a glut of both gasoline and ethanol are keeping a lid on pump prices. The volatility of the past two years has given way to relative price stability so far in 2010, thanks mainly to range-bound crude oil prices. In this report we revisit supply and demand and a probable price path for the rest of the year.
Jul 07 2010
Indie Refiners Stall
UPDATE: BIG-BRAND METRO MARKET SHARES
Market Share



Of the top five companies' U.S. retail gasoline market shares, only one flies just one flag. It's Shell, which also happens to be No. 1. The others have multiple brands. When measured in their own marketing territories, Arco's share towers over the rest, amid much speculation on Gulf oil spill damage to BP. Sunoco wants more retail, if less refining. It may be an understatement to say that current retail shares are in flux.
Jun 30 2010
2009 Sales a Clunker
TRENDS IN THE U.S. VEHICLE FLEET
Consumption/Supply/Demand

Vehicles

In 2009, U.S. vehicle sales crashed 21.4%. "Cash for Clunkers" was a flash of fool's gold in the pan. Horsepower has been on a gallop. But government diktats slated for 2016 to force higher vehicle mpg and reduce gasoline demand (rollout starts in 14 months!) may in the coming decade kill off 30-50,000 gasoline stations.
Jun 17 2010
In Foul Economic and Tax Weather
HOW C-STORES ARE FARING
Station Population



The convenience store industry has weathered several blows of late including higher tobacco taxes, higher credit card fees, and falling gasoline demand. Worst of all: C-store's bread and butter, males aged 16-29 years, suffer much deeper unemployment than the population at large: 16.1% versus 9.7% for the whole population.
May 18 2010
Discount or Premium?
THE MAJORS-HYPERS RETAIL SPREAD HAS CHANGED
Hypermarketers

Retail Prices, Shares

Gasoline price spikes have sent some motorists fleeing to hypers the same way they've fled premium grade. This has helped hypermarketer volumes hold up relatively well during the great gasoline demand crash of 2008-2010. But hypers have had to price deeper under majors, costing them money and costing traditional stations volume the past three years.
May 07 2010
Recession Notwithstanding
IS PREMIUM GRADE MAKING A COMEBACK?
Grade Shares

Retail Margins

Despite a flat year for overall gasoline demand, sales of premium grade soared 7% in 2009. But retail margin on premium has been shrinking. Has premium grade's share of the gasoline pool finally hit bottom and begun to rise? How much recovery might premium achieve, bringing what kind of retail profit margin? How do desulfurization and ethanolization of gasoline impact premium's market share?
Apr 09 2010
Mobil on the Move
HOW GASOLINE "BRAND VALUE" IS CHANGING
Brand Value

Retail Prices

By one measure of gasoline brand value, Chevron, 76, and Shell have lost brand value so far this year, in terms of their street price premiums over their competition. Mobil and BP are up. Chevron still prices highest above the competition in its markets.
Apr 05 2010
For Most, A Recession of Clout
STATE MARKET SHARES A TELLING TALLY
Market Share



Shell, the nation's No.1 gasoline marketer, held either No.1 or No.2 ranking in 23 states in 2001. Now, make that just 13 states. Valero, biggest refiner of all, is No.1 in just one state. In this issue we examine positions of strength around the country and report state by state changes in market share ranking. Most salient finding: companies are relinquishing big shares that took decades to achieve.
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