NATSO Fuel Survey: Truckstop Diesel Volumes Continue to Decline

Mon Sep 29, 2008 9:00am EDT
 
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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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