NATSO Fuel Survey: Truckstop Diesel Volumes Continue to Decline
ALEXANDRIA, Va.--(Business Wire)-- Diesel volumes at truckstops continue this year to decline over 2007 volumes, according to a fuel survey conducted by NATSO, an association representing 1,100 truckstops and travel plazas. NATSO's survey showed that diesel sales at truckstops in August declined 7.8 percent compared with August of 2007. In the petroleum industry, volume declines of greater than three percent are considered significant. The average diesel volume for a single truckstop location was 812,513 gallons in August, compared with last year's average volume of 881,203 for the same month. The survey shows a continuing decline in diesel volumes after a strong start at the beginning of 2008. In January and February, truckstop diesel volumes increased at a rate of close to 6 percent year over year. However, as diesel prices rose, volumes began to decline, and by March sales had dropped by 2.5 percent over the previous year. Diesel sales slightly recovered in April, increasing just over 2 percent, but then dropped sharply in May, falling 5.8 percent compared with May 2007. June diesel sales declined 5.2 percent compared with June 2007, and July sales dropped 4.5 percent year over year. NATSO is the professional association of America's $65 billion travel plaza and truckstop industry. Founded in 1960, NATSO represents the industry on legislative and regulatory matters; serves as the official source of information on the diverse travel plaza and truckstop industry; provides education to its members; conducts an annual convention and trade show; and supports efforts to generally improve the business climate in which its members operate. NATSO Christine Schoessler Vice President, Communications and Marketing 703-739-8567 cschoessler@natso.com Copyright Business Wire 2008
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