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2009 NACS Gas Price Kit

NACS Gas Price Kit

What Drives Consumer Behavior at the Pump?

NACS examines the basic conditions that affect the motor fuels retailing industry, including a new report on what consumers say they do – and don’t do – when buying gasoline.

Overview
How to Use These Resources
Information about why these resources were developed and how they can be used.

Backgrounders
Retail Market Briefing to 2009 AAA Public Affairs Conference, March 6, 2009 (PDF) NEW!
NACS shares details from the 2009 gas price kit at AAA's annual convention and explains how retail fuel prices are determined.

Consumers’ Top Economic Concern: Gas Prices
Despite the drop in prices, consumers still say that gas prices have affected their spending behavior more than any other economic concern, and they will alter their purchasing behavior to save money. (Findings from the new 2009 NACS Consumer Fuels Report.)

Consumers Don’t Blame Retailers for Gas Prices
Consumers don’t think that retailers are the reason for their pain at the pump, but that doesn’t mean they are happy. (Findings from the new 2009 NACS Consumer Fuels Report.)

Who Sells Motor Fuels in the United States?
Convenience stores sell approximately 80 percent of the gasoline in the United States, and less than 2 percent are owned by the major oil companies.

Motor Fuels Retailing and Outrageous Credit Card Fees
Credit card companies make more at the pump than the retailers selling fuel – and the situation is getting worse.

How Do Retailers Get – and Sell – Gasoline?
Retail prices directly track wholesale gasoline prices. How and when retailers and their competitors purchase wholesale gasoline plays a significant role in the ultimate price at the pump.

What’s Going On With Diesel Fuel Prices?
Over the past few years, retail diesel fuel prices have consistently averaged higher than retail gasoline prices. This is a change from historic norms, and there are several reasons why.

U.S. Petroleum Industry: Statistics, Definitions
The latest information available on demand, supply, refining, distribution and retail.

100-Plus Years of Gasoline Retailing
Some of the significant milestones in the industry since the first gas station opened in 1905.

Graphics
Where Does Your Fill-Up Go?
More than two-thirds of the price of gas in 2008 was the cost of crude oil.

Gasoline Taxes by State
Combined state and federal gasoline taxes range from a low of 18.4 cents per gallon in Alaska to 59.7 cents per gallon in New York. Click here for complete information, including current rates and explanations for gas and diesel fuel taxes. (Graphic and data courtesy of API)

U.S. Gasoline Supply Network by Region
When Hurricane Ike crashed into the Gulf Coast in September 2008, it created significant supply disruptions in the Southeast, which is particularly dependent upon Gulf Coast supplies. Other regions face similar supply challenges.

Boutique Fuel Requirements in the United States
There are more than a dozen unique fuels requirements across the United States.

Gasoline Pricing: A No-Win Situation?
Motor fuels retailers are least responsible for the price of a gallon of gas, yet they seemingly receive 100 percent of the blame when prices rise. NACS launched an advocacy program including this cartoon to dispel myths related to pricing.

Issue Report
Economic Study Refutes Hot Gas Allegations
In January 2009, NACS released the results of an economic study that found consumers would not benefit from Automatic Temperature Compensation.

Related Fact Sheets
Gasoline Theft at Convenience Stores
When gasoline prices increase, many gasoline retailers report an increase in gasoline theft, commonly referred to as "drive-offs."

Motor Fuels Sales at Convenience Stores
Convenience stores sell nearly 80 percent of all gasoline purchased in the country.

Gasoline Myths…and Facts
A few of the more common myths – and the actual facts – about gasoline.

Other Resources:
Online Resources on Gasoline Prices
Web sites and resources providing additional information.

Contact Information
Reporters can click here to access NACS media contacts. Also, retailers are encouraged to provide feedback to help NACS address the issues of most concern to you.

 Download the PDF of the entire gas kit.

Watch Video on NACS TV
Consumer Insights: What Do Retailers Make Per Gallon?

Consumers in Pennsylvania and Nevada estimated what they think gasoline retailers make per gallon.


Addressing Consumers Concerns Over Gas Profits
United Oil, based in Los Angeles, developed a video in the summer of 2008 to explain the costs and profits in a gallon of gas.

Watch Video on NACS TV
High Credit Card Interchange Fees Impact Gas Prices, NACS Testifies
“If you are concerned about prices at the pump you need to be concerned about [credit card] interchange fees,” NACS noted in May 18, 2008, testimony before the U.S. House Judiciary Committee’s Anti-Trust Task Force.

Watch Video on NACS TV
Increase Oil Supplies and Enact H.R. 5546, NACS Testifies

Congress should focus on two elements that can have a lasting, positive impact on gasoline market conditions: increase oil supplies and enact H.R. 5546, NACS testified on May 7, 2008, before the U.S. House Judiciary Committee’s Anti-Trust Task Force in the Hearing to Examine the Consumer Effects of Rising Gas Prices. Complete written testimony (PDF)

Watch Video on NACS TV
Alternative Fuels in Los Angeles

While alternative fuel usage is just a fraction of overall fuel consumption, 2007-08 NACS Chairman Richard Oneslager visited two Los Angeles stores that sell future fuel alternatives including E-85, B-99 and even hydrogen.

Watch Video on NACS TV
Alternative Fuels in San Diego
In 2004, NACS visited Pearson Ford Plus, “the most advanced retail fuel station in the world,” which offered nine different fuels to the public.