One year ago, Indiana residents paid an average of $4.17 per gallon for gas at local gas stations, but experts say that high won’t be challenged any time soon, the Indianapolis Star reported. Purdue University Professor Wally Tyner, a specialist in energy production and policy, told the Indianapolis Star he expects per-gallon pump…
Thorntons Urges Others To Join in Funding Clean Team
C-store chain Thorntons Inc. is encouraging other Louisville-area businesses to join it in helping to fund the Waterfront Clean Team, a group of local high school and college students responsible for keeping the park clean from May to September, the Louisville Business First reported. Thorntons will donate $35,000 to fund the team for…
KSS Launches Profit Tune-Up
KSS Inc.’s consulting division has launched its Profit Tune-Up service. The short-term advisory and analytics engagement is designed to help fuel retailers, wholesalers and oil marketers identify operational improvements for their fuel pricing processes, and construct optimal pricing strategies that will positively impact their fuel volumes and margins. The service was created…
Go Fast Sponsors Oktoberfest Denver
Go Fast Energy Drinks will accompany beer, bratwurst and schnitzel at the 40th annual Oktoberfest Denver on Larimer Street, Sept. 18-20 and 25-27. Go Fast is the exclusive energy drink of the two-week event and is the presenting sponsor of the Go Fast Rock Stage where four different bands will get the opportunity to headline each night…
West Coast Surge
By Brian L. Milne, Refined Fuels Editor for Telvent DTN Nationally, gasoline prices at retail outlets across the country’s major metropolitan regions are trending lower, with the U.S. average for regular grade gasoline sliding for the past month and expected to continue moving down. Driving the decline is the end of the summer…
Couche-Tard Hailed as Recession “Winner”
One year after Lehman Brothers, the giant New York securities firm, failed on Sept. 15, and the recession plunged rapidly deeper, the Toronto Star named 10 recession winners who kept afloat during the toughest economic times since the Great Depression and have come out on top. Among those hailed was Alain Bouchard, the…
Economy Rebounding?
Recent reports from MarketWatch reveal the economy is showing signs of growth with help from government subsidies for cars, higher gas prices and more shoppers spending money. U.S. retail sales rose a seasonally adjusted 2.7% in August, the largest increase in more than three years. Economists surveyed by MarketWatch had predicted a 2.3% rise in…
Cattle Crash C-store During Parade
As a ceremonial cattle drive opened the Puyallup Fair in Puyallup, Wash., on Friday, a few of the participating cattle veered off course and took an unplanned detour into a nearby Washington convenience store, The Los Angeles Times reported. The cattle entered through the automatic sliding door where security camera recorded them wandering…
Making Stores Safer
The Middle Georgia Asian American Business Community Association, Macon, Ga., is working to recruit more local c-store owners into their association, 13WMAZ News reported. The Association’s president Lou Patel said they’re offering tips on ways to increase visibility within stores and improve security, including bulletproof glass. The group formed recently to combat violence…
Businessman Indicted for Fuel Scheme
Fairley Cisco, a businessman in Camden County, Ga., has been indicted by a federal grand jury along with his nephew, a former son-in-law and two others on charges of a multi-million dollar fuel fraud scheme and a bribery conspiracy, The Florida Times-Union reported Friday. The men are accused of deliberately miscalibrating fuel pumps…