If you are a driver you will have noticed that the price of fuel is always moving and this can have a big impact on household spending. At times it can feel frustrating to consumers that unlike many of their gas and electric contracts (the other two commodity-based products consumers […]
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Work across Certas Energy’s 35 UK sites to integrate Orbis Tech and EdgePetrol has been completed. The integration has facilitated the rollout of EdgePetrol to the Certas Energy sites, and marks the start of a close alliance between the two companies. EdgePetrol’s technology securely connects with all PoS and fuel […]
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Whilst many smaller chains (1-20 stations) have been swallowed up, others are having a bumper year in the face of adversity. 2020 was a tough time for everyone, so it may surprise you to find out that smaller chains consistently outperformed many of the industry averages in 2020. A Convenience […]
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As an economist at heart, I’ve found it fascinating to learn about the fuel industry and how station operators price their fuel based on a host of dynamic factors. But first, a little about myself; I’m Tate and I just joined EdgePetrol last month. My prior assumptions of the industry […]
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Industry consolidation shows no signs of slowing down. With each passing week, it seems the big brands continue to get bigger. It’s easy to see why this is concerning to small and midsize operators. It can also be demoralizing as once-competitive peers essentially throw in the towel and exit the […]
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We caught up with Sharon Hughes, Area Manager at Plaistow Broadway Filling Stations, to discuss the family business, optimizing fuel margins, and her stalkerish tendencies… Q: So Sharon, tell us a little bit about PBFS and your role within the business… A: Plaistow Broadway Filling Stations started about 60 years […]
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Although fluctuations have always been a normal part of the fuel industry, unprecedented challenges in 2020 underscored the industry’s vulnerabilities. According to Deloitte’s fuel industry outlook, global oil demand fell by 25% last year, and today—despite vaccines and rebounding economies—is still below pre-pandemic levels. To thrive in unpredictable times, retailers must […]
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“I always have to follow my competition” Myth rating: 8/10 Ok, if you operate in Germany or Denmark, for example, this isn’t a total myth. Price changes can happen 15 times a day (or more) and consumer habits are very much driven by these changes. But in markets like the […]
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If you haven’t heard of Mythbusters, it was a popular television programme with experts debunking rumours, urban legends and popular myths. Now you may be thinking, “urban legends exist in fuel pricing? There are none.“ Au contraire! There are plenty of ‘traditions’ that fuel retailers follow as the “correct way” […]
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Hello all, for those of you who haven’t had the pleasure of meeting me yet, I’m Nikhil and I joined EdgePetrol circa 6 months ago. A quick brief on me and my family: My grandparents were born in India My parents were born and raised in Uganda Many Asian families […]
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