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Lundberg Letter Current Issues    
Issue DateTitleSubjectsCAPTION
Apr 25 2024
How, Why
2024'S 59¢ SPRING PRICE RUN-UP
Retail Prices



Retail gasoline prices have advanced rapidly since January 5, clobbering motorists with a 59¢ hike on average nationally. Prices are up despite anemic gasoline demand and faltering economic growth. In addition to seasonal RVP penalties, crude oil's breaking out of the $70-$80 price band is underlying 2024's Spring pump price hike.
Apr 22 2024
Marathon, Post-Speedway
VITAL STATS FOR TOP U.S. REFINER
Market Share

Company Profile

Marathon sold its Speedway division to 7-Eleven in 2021. Three years on, how is Marathon faring? It continues to hold the nation's top gasoline market share despite jettisoning its retail division. In a cruel twist, retail margins have exploded higher since Speedway was sold, enhancing 7-Eleven's coup. Herein we update vital statistics for the nation's biggest refiner.
 

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