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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
Jul 28 2026
Desert Bloom
PHOENIX MARKET PROFILE
Market Profile



Phoenix, long time starlet in the regional realm of mega-market Los Angeles, may finally win fuel supply independence from California within three years. Herein we reveal who, and what, makes this growing, high-throughput gasoline market tick.
Jul 23 2026
Merchant Status Evolving
VALERO MARKETING METRICS
Company Profile

Station Population

Valero permanently shut its Benicia California refinery in February, ending that plant's 57-year run of providing fuels to California motorists. Even with that huge loss, the nation's second largest refiner still commands 2.086-million barrels per day capacity in the U.S. Valero lost more branded outlets in 2025 according to our estimates, continuing its shift toward merchant status.
 

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