Category: gas stations

Oregon Lawmakers Pass Self-Service Gasoline Bill After Decades-Long Ban

June 22, 2023
gas stationsGovernor Tina KotekOregonoregon legislationRegional & State NewsState NewsUSUS News
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Oregon lawmakers on Wednesday voted to let Oregonians and travelers pump their own gas after a decades-long ban since 1951. House Bill 2426 would require gas stations to staff at least half of their open pumps for people who want assistance and allow other pumps to be open for self-service. Under the bill,  stations in 16…

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Gas Stations Yielded Record Gross Margins in 2022

January 10, 2023
Business & MarketsCompaniesenergygas stationsretail marginsUncategorizedUSUS News
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Gasoline retailers had a banner year in 2022, earning $59.2 billion nationwide, surpassing the prior record by almost $15 billion. A study by Lundberg Survey, which provides statistical reports to the oil industry, found that retail margins surged in July and onward, following President Joe Biden’s drawdown of the Strategic Petroleum Reserve (SPR). A year…

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Report Questions Biden’s Push to Install E-Car Chargers at Gas Stations

November 19, 2022
bidenBusiness & MarketsDemocratseconomic policieseconomyelectric vehicleenergyExecutive Branchgas stationsPolicies & ImpactsPoliticsRegional-Local NewsRepublicanRepublicansTechUSUS News
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A well-known independent newsletter on fuel prices and gas stations has expressed skepticism about the addition of many more electric vehicle (EV) charging stations to U.S. gas stations, in line with Biden administration priorities when it comes to the country’s transportation infrastructure. The Nov. 17 edition of the Lundberg Letter called the advocacy of much…

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Gasoline Prices Keep Climbing, but Retail Gas Station Margins Plunge, With Many Now ‘Under Water’

October 5, 2022
Business & MarketsCompanieseconomyenergygas stationsgasoline pricesinflationprofit marginsStrategic ReserveUSUS News
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Despite gas prices rising over the past weeks, retail gas stations are seeing their margins decrease, putting a strain on such businesses. The national average price of regular gas, as of Oct. 5, was $3.831 per gallon, up $0.26 from the previous day, $0.66 from a week back, and $0.45 a month ago, according to…

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Los Angeles City Councilman Considers Ban on New Gas Stations

June 24, 2022
Councilmember Paul Koretzgas stationsLocal NewsLos AngelesRegional NewsRegional-Local NewsSouthern CaliforniaUS
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LOS ANGELES—A proposal to end the construction of gas stations made a step forward this week with LA City Councilman Paul Koretz announcing he is drafting a policy with other cities across the nation. “We are ending oil drilling in Los Angeles. We are moving to all-electric new construction. And we are building toward fossil…

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