A Report On Retail Fuels Report Essay example
As the first week of February traditionally marks the beginning of the spring, gasoline prices have increased, on average, more than 50 cents since 2000. While the circumstances may be different year-to-year, the overall pattern in the petroleum markets is surprisingly familiar. (Retail Fuels Report)
According to the Retail Fuels Report, 2015, there are four aspects that can impact retail prices: • Fuel Type — Typically, stores that sell fuel under the brand name of a refiner pay a premium for that fuel. These branded stores also tend to face less wholesale price volatility when there are supply disruptions.
• Delivery method — Retailers who purchase fuels via “dealer tank wagon” may pay a higher price than those who receive their fuels at the terminal. A retailer may also contract with a jobber to deliver the fuel to his stations – the choice will influence his overall cost.
• Length of contract — The length of the…