Current Events
California Pump Prices Spiral Down, Slowly
SANTA MONICA, Calif. – Gasoline prices rocketed up in California following a series of refinery problems and shortages, but now the cost is slowly drifting down, the Los Angeles Times reports. Retailers and drivers alike have seen the truth in the old adage: “Pump prices shoot up like a rocket but drift down like a feather.”
According to a 1999 U.S. Energy Information Administration (EIA) study, “data confirms the notion that retail gasoline prices appear asymmetric, typically rising more quickly than they fall.” Experts label this “price asymmetry” and “downward sticky” prices.
Read More: http://www.nacsonline.com/NACS/News/Daily/Pages/ND1017123.aspx
California Pump Prices Spiral Down, Slowly
NACS Show
Triple E Technologies attends the 2012 NACS show in Las Vegas
Triple E Technologies participated as both a vendor and member at the 2012 NACS show at the Las Vegas convention center in early October. Our sales team and lead developer were able to attend many of the educational seminars to increase our understanding on which direction the industry is going in regards to our software and hardware development, we will be able to be more proactive in providing our custom future solutions.
According to the association, attendance at the 2012 NACS Show reached 24,056 — driven by a record number of buyers. Attendees came from 65 countries and international attendance was 2,482 delegates. This year's show featured a 381,050-plus net-square-foot exposition with 1,176 exhibiting companies.
Triple E Technologies booth was a very busy place keeping the Team extremely busy for the three days of the exposition meeting with both existing customers and demonstrating our products to new prospects.
The NACS Show is an annual must-attend event for retailers who see attendance as an investment in their businesses. With the theme of “One idea can change your business” Triple E Technologies was a leader in providing solutions for our customers
The Booth at the NACS Show (left:Russell and right:Aragon)
(left:Jay)