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                     | BULK COPIES OF NEWSLETTERLundberg Letter subscribers, do you need to help others better understand issues and facts confronting your business? When distribution of one of our back issues is important in your communications efforts, please contact us. Corporate and association leaders and others have had us email or print and mail bulk copies to board members, conference attendees and/or other audiences over the years. Sometimes we can do this gratis. Call Crystal Vance, 805-383-2400. | 
                
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		| Issue Date | Title | Subjects | CAPTION |  
		| Oct 28 2025 
 | Production Plateau Forming CRUDE OIL PRICE INCENTIVE FADING
 
 | Production/Supply/Demand 
 
 
 
 | Since 2014 the U.S. has reigned as the world's biggest crude oil producer. Robust production has led to reduced crude oil and gasoline prices in 2025. However, with sub-$60 crude oil, U.S. production is set to plateau in 2026. 
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		| Oct 16 2025 
 | Another Record Year COUCHE-TARD MARKETING METRICS
 
 | Company Profile 
 Margins
 
 Station Population
 | Despite a failed acquisition attempt of 7-Eleven owner Seven & i Holdings, Circle K owner Couche-Tard still enjoyed a record setting fiscal 2025. The company's near perfect timing on acquisitions has paid off bigtime in this new higher fuel margin era. Couche-Tard achieved 40.49ยข fuel margin on average in 2025. 
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                    |   Tel:(805)383-2400  Email:lsi@lundbergsurvey.com  Fax:(805)383-2424
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