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The Association for Convenience & Fuel Retailing

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 Fact Sheets: Motor Fuels

There are more than 127,000 convenience stores selling fuel in the United States, and these retailers sell an estimated 80% of all the fuel purchased in the country. In-depth insights on motor fuels and market conditions that affect fuel prices are available in the 2016 NACS Retail Fuels Report

  • The Price Per Gallon: Retail gasoline prices are among the most recognizable price points in American commerce, yet they are among the least understood. Here is a primer on what causes prices to go up or down and vary from store to store.
  • The History of Fuels Retailing: 2013 marked the 100th anniversary of the first purpose-built, drive-up gas station. Today, stations look very different from that first station.
  • Why Gas Prices Historically Go Up in the Spring: Crude oil prices are the biggest factor driving gas prices, but how the crude oil is processed also plays a significant role in price increases. The fuels industry's switchover to summer-blend fuels, a process that begins each February and ends June 1, creates challenges that also affect retail fuels prices. 
  • "Future of Fuels 2014": Seeks to determine how government projections will directly affect the retail fuels market, consumer use of specific types of light duty vehicles, and the pace at which alternative fuels may gain market share.
 

 The Fuels Institute

 

The Fuels Institute, founded by NACS in 2013, is a non-profit research-oriented think tank dedicated to evaluating the market issues related to consumer vehicles and the fuels that power them.

NACS TV video: Introducing The Fuels Institute

The NACS Magazine reports monthly on the Fuels Institute:  www.fuelsinstitute.org/news 

 

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