Chief economist John Felmy of the American Petroleum Institute (API) will explore the various factors that affect fuel prices and help dealers navigate the issue of volatility in the oil market during a special panel discussion on Oct. 6 at the 2011 RV Dealers International Convention/Expo at the Rio All-Suite Hotel & Casino in Las Vegas.
The convention is sponsored by RVDA–The National RV Dealers Association, RVDA of Canada and the RV Learning Center, according to a news release.
Tom Walworth of Statistical Surveys Inc. (SSI), the RV industry’s retail sales scorekeeper, will moderate the panel, titled “Future Fuel Prices – What You Need to Know.” Dealers will get valuable perspectives on how to address the fuel price issue with their employees and customers as well as learn the real impact of oil prices on consumers’ household budgets.
As chief economist, Felmy is responsible for overseeing economic, statistical, and policy analysis for API. Felmy is a member of the American Economics Association and the International Association for Energy Economics. API is the national trade association that represents America’s oil and natural gas industry. Its members are producers, refiners, suppliers, pipeline operators and marine transporters, as well as service and supply companies that support the industry.
RV dealers John McCluskey of Florida Outdoors RV Center in Stuart, Fla., and Bill Redmond of Bucars RV Centre in Calgary, Alberta, will join the panel to provide the RV retailer’s perspective.
“Top management at dealerships needs to be able to understand the impact of the oil markets on the RV industry and communicate the real story as fuel prices go up and down,” says RVDA Convention/Expo Committee Chairman Peter Albano of American RV in Olive Branch, Miss. “This session will give us the tools to separate fact from fiction when it comes to the fuel price issue.”
Themed “ReVolution: Take Charge Today,” the convention will feature new, in-depth super sessions covering the top issues RV dealers and their employees are facing. The education program will include information on building sales through innovative marketing strategies that reach new customers and an overview of the short and long-term trends that will affect the RV industry.