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Chuck
08-28-2006, 01:18 PM
Tribly Lundberg is ‘Prophet of the Pumps’

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Assertive 57-year-old cat lover puts out Lundberg Survey of gas stations (http://www.msnbc.msn.com/id/14415786/)

Aug 20, 2006

Twice a month for decades, Trilby Lundberg has rattled off price fluctuations based on her Lundberg Survey of 7,000 of the nation's 133,000 gas stations.

Trilby Lundberg, the nation’s guru of gasoline prices, has no idea how many miles her new Mercedes-Benz gets per gallon. When she has to fill the tank, she is more concerned with convenience than price.

Yet for decades, the nation has turned to the assertive, 57-year-old cat lover and her twice monthly Lundberg Survey of gas stations to keep track of the fluctuating price of gasoline.

Lately, the news hasn’t been good.

On Aug. 13, Lundberg reported the nationwide price for self-serve regular hit another record, jumping to nearly $3.03 a gallon.

Are there five oil industry executives someplace deciding the price of gas?

“That would be tragic because that would wreck the market,” she said. “And it would be a comedy because it is impossible.”

Oil companies 'have no mercy'
Lundberg said oil companies have no interest in helping each other and instead want to increase their sales at the expense of the competition.

“They all have no mercy,” she said.

Jeff Lenard, a spokesman for the National Association of Convenience Stores, called the Lundberg Survey a bellwether for the oil industry.

“Anybody who can explain gas prices to the general public, well, we’re a lot better for it,” he said. The nation’s 112,000 convenience stores account for 80 percent of all U.S. gasoline sales.

The survey is based on a biweekly price sampling of 7,000 of the nation’s 133,000 gasoline stations.

The Lundberg Survey Inc. does a lot more than sample prices from gas stations. Researchers also collect sales volume and market share for each brand and sell information to petroleum companies, wholesalers, distributors, vehicle fleet managers and others.

“We make our living looking at the detail. We are going to be looking at what kinds of stations, what they offer, what kind of volume they do, what kind of market share a brand has,” Lundberg said.

Interest in the price data could increase after this month’s shutdown of a crucial Alaskan pipeline by oil giant BP.

Lundberg, however, doesn’t expect much impact at the pump, even though the shutdown means a temporary loss of as much as 8 percent of domestic production.

Lundberg took over the Camarillo-based market research firm in 1986 after the death of her father, Dan Lundberg. The reporter and television talk show host began the report in the 1950s when self-service islands at gas stations were being invented.

It was mostly an information service for companies. But the figures attracted broad public attention during the oil crisis in the 1970s, when short supply had motorists lining up at the pumps.

The fiery Dan Lundberg became the radio sound-bite of the crisis that he dubbed “the days of lines and hoses.”

Trilby Lundberg now oversees about 30 employees that compile the data. She wasn’t raised to be an oil industry analyst but worked closely with her father before his death.

She was brought up to play classical piano and has no formal business education.

'I'm self-made or lucky'
“I’m without a mortarboard on my head,” she said. “I’m self-made or lucky.”

The nation’s Prophet of the Pumps gave an impromptu piano recital during a recent interview at her 1929 Spanish-style home in Ventura County, about 70 miles northwest of Los Angeles.

She also speaks Italian, Greek and some Spanish, smokes Dunhill cigarettes and considers herself a homebody.

One of five siblings, she attended Hollywood High School before her eccentric father took the family on a 52-foot ketch for a five-year sail around the world. He made sure there was a piano on board.

Watching the oil industry has led Lundberg to some interesting conclusions.

She condemns the “overzealous meddling” of the Environmental Protection Agency and other federal agencies, and said government-mandated reformulation of unleaded gas and engine modifications aimed at curtailing emissions are more to blame for gas price increases than the worldwide Organization of Petroleum Exporting Countries.

Media 'woefully ignorant,' she says
She also criticized the “woefully ignorant” media and public perception about gas prices.

“It is wild-headed and often destructive,” she said of the reporting. “The explanation can be boring, it can be a little bit dry, it takes a long time, and the majority of folks simply do not have that time and do not have the interest.”

Lundberg has strong opinions on other issues. For instance, she calls global warming a “boogeyman for political opportunism.” Those who promote the theory are trying to create a power base and “believe global warming is a reason to hike taxes and hike prices,” she said.

Lundberg balks at suggestions that she is a tool of the oil industry.

“What hurts me is those who call me an oil apologist or self-styled consumer advocate. I’m not,” she said. “I do have passionate feelings about that.”

Bob Slaughter, president of the National Petrochemical & Refining Association, said Lundberg is highly respected in the industry.

“She’s a character,” he said. “She’s first there with a national gasoline price and I think everybody from the media to (Wall) Street to the oil industry looks forward to hearing from her.”

xcel
08-28-2006, 01:58 PM
Hi Chuck:

___I have been following the Lundburg surveys for well over 15 years now and I have to pass on a thank you for posting the inside info on who she is as well as her father and the business’ beginnings. I especially liked her stark commentary about the oil and gas companies.

Oil companies 'have no mercy'

Lundberg said, “Oil companies have no interest in helping each other and instead want to increase their sales at the expense of the competition”.

“They all have no mercy,” she said.

___To bad she does not know what that MB of hers receives however? Shame on her :(

___Good Luck

___Wayne

Sledge
08-28-2006, 03:32 PM
She condemns the “overzealous meddling” of the Environmental Protection Agency and other federal agencies, and said government-mandated reformulation of unleaded gas and engine modifications aimed at curtailing emissions are more to blame for gas price increases than the worldwide Organization of Petroleum Exporting Countries.
Because breathing clean air is overrated. :rolleyes:

Lundberg has strong opinions on other issues. For instance, she calls global warming a “boogeyman for political opportunism.” Those who promote the theory are trying to create a power base and “believe global warming is a reason to hike taxes and hike prices,” she said.
Because having your biosphere not implode is also overrated. :rolleyes::rolleyes:

What a dunce. :mad:

xcel
08-28-2006, 03:35 PM
Hi Sledge:

___Like any child handed over the reigns of her father’s company, she “aint” her father given her idiocy, that is for sure …

___Good Luck

___Wayne

Chuck
08-28-2006, 03:51 PM
Didn't it say she lives in the Greater LA area, the places that vies Houston for the nation's worst air?

tbaleno
08-28-2006, 05:30 PM
She is absolutely correct when she says gas prices are higher because of the epa. There are so many formulations of gas that it does raise the price.

I think last time I looked there were a dozen formulations. Most of them are in the midwest and northeast if I recall correctly. If they would just mandate 1 formulation for all states, or even a couple for regions that wouldn't be a bad idea.

Some times the gas varies by county in a state. For instance in WI around madison and milwaukee the gas is one forumlation and when you go a few counties (or maybe even one) the gas price is cheaper because they don't have to reformulate or something.

So take what she says in the way she ment it. The EPA does meddel more than it should. They are trying to mico manage when they should be making more broad decisions vs. county by county decisions.

Or make one formulation and mandate all vehicles meet a standard based on using that forumulation.

Chuck
08-28-2006, 05:33 PM
If they could reduce it down to 2-3 mixes, that would help....why do they need more?

xcel
08-28-2006, 05:39 PM
Hi All:

___The EPA is working on reducing the number of specialty formulations from something like 18 the last time I looked to about 4 or 5 with the normal winter changes for the northern states. The RFG’s only add $0.01 - $0.03 other then California’s RFG for another few cents. Not sure why the California gasoline is even more costly to refine? Maybe something to look up later just to make sure my numbers are correct as it has been along time since I looked … Anyway, we are not speaking of $0.50 or anything even close.

___Good Luck

___Wayne

Sledge
08-28-2006, 05:40 PM
She is absolutely correct when she says gas prices are higher because of the epa. There are so many formulations of gas that it does raise the price.

Wasn't there a press release from W stating that this was not true?

XerEagle
08-31-2006, 09:03 AM
I agree with tbaleno’s assessment. In the Richmond area - The Greater Richmond, Virginia area has a different formulation than the surrounding counties.

What’s wrong with one or two formulations (not counting the winter formula) that could help everybody’s air quality here in the USA?



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