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This saves store staff the inconvenience of changing gas price signs manually and allows retailers to more responsively post optimal pricing, [1] [7] even monitoring the market in real time. [6] Fuel pricing software is intended to replace manual or spreadsheet-based processes that could delay the update of fuel costs and jeopardize profit margins.
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
A gasoline price website is a type of price comparison website that provides current fuel price information for different filling stations. Supported fuel types generally include gasoline , but may also include diesel , liquefied petroleum gas , biofuels and recharge electricity .
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
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GasBuddy is a technology company headquartered in Dallas that offers mobile applications and websites for tracking crowd-sourced locations and prices of gas stations and convenience stores in the United States and Canada. Their platforms offer information sourced from users, gas station operators, and partner companies.
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Brighton, MI Sunoco Price sign advertising availability of Rec-90 Gasoline. REC-90 is an ethanol-free, 90 octane unleaded gasoline blend designed for use in recreational/marine engines which can be damaged by the ethanol found in other gasoline blends.