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BULK COPIES OF NEWSLETTER
Lundberg Letter subscribers, do you need to help others better understand issues and facts confronting your business? When distribution of one of our back issues is important in your communications efforts, please contact us. Corporate and association leaders and others have had us email or print and mail bulk copies to board members, conference attendees and/or other audiences over the years. Sometimes we can do this gratis. Call Crystal Vance, 805-383-2400.
Lundberg Letter Current Issues    
Issue DateTitleSubjectsCAPTION
Sep 24 2024
Refiner, Marketer, Retailer
MOTIVA SHARE DECLINING
Market Share

Company Profile

Motiva's U.S. gasoline market share has declined despite significant growth of its Shell branded network in some markets. The Saudi owned refiner-marketer added 17 units to its retail joint-venture last month, expanding its return to retail after an eleven-year absence.
Sep 18 2024
Weak Economy Taking Toll
GASOLINE DEMAND FALTERING
Demand



Gasoline demand has reversed to the downside so far in 2024 despite lower fuel prices. Headwinds include a sluggish jobs market and increasing vehicle efficiency. In August, the Bureau of Labor Statistics (BLS) said it will revise employment 818,000 jobs lower than had been reported during 12 months ending March 2024.
 
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