ACE Thanks USDA for Biofuels Infrastructure Partnership

New partnership will expand availability of E15 and flex fuels to consumers. The American Coalition for Ethanol (ACE) has thanked the U.S. Department of Agriculture (USDA) for its efforts to expand the availability of E15 and flex fuels for consumers through the Biofuels Infrastructure Partnership (BIP). In an announcement at a Kissimmee, Fla Citgo fuel

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New Program Extends Ethanol Availability Nationwide

New investment will more than double the number of stations that offer intermediate blends of ethanol nationwide. Protec Fuel announced that U.S. Department of Agriculture secretary Tom Vilsack recently visited Mid-State Energy’s Kissimmee, Fla. Citgo E15 and E85 retail station. The secretary made an announcement on ethanol fuel investment of $16 million for the state alone. At the first retail fueling

What To Consider Before Making the Decision to Offer Biodiesel

By Jon Scharingson Whether or not to sell biodiesel can be a significant decision for a convenience store owner. Convenience store owners need to determine what will work best for their operation and how they can maximize their profitability through the use of biodiesel. Here are a few things to consider: Tank and pump availability

BP Combats Low Fuel Prices

BP must make cuts to counter current circumstances, but the end is in sight, and the company remains optimistic. Lower oil prices have led to oil companies making spending cuts and reducing operating costs, and these cuts have resulted in the loss of thousands of jobs and projects being scrapped. BP is among the oil

New CNG Fueling Station Opens in Indiana

IGS CNG Services opens its second CNG fueling station in Speedway’s fueling network. IGS CNG Services’ second Compressed Natural Gas (CNG) station within Speedway’s fueling network has opened. IGS CNG Services and Speedway LLC opened the new station in South Bend, Ind., at 6161 W. Brick Road, at the State Route 31 exit (exit 72) off Indiana

BP and Kinder Morgan Form New Company

BP forms new company with Kinder Morgan in order to manage U.S. fuel terminals. A new jointly-owned company is being formed between BP and Kinder Morgan. This new company is being created to operate fuel storage terminals across the country. Under the agreement, BP will sell 15 of its U.S. terminals to Kinder Morgan, which will

Cumberland Farms Awards One Year of Free Gas

One loyal Cumberland Farms customer is being greatly rewarded for his loyalty. Kenneth Hobart of Wilmington, Mass. is being awarded one year of free gasoline from Cumberland Farms. Hobart was fueling up at the Wilmington, Mass. Cumberland farms store when the brand hit $1 billion of gas purchased through its SmartPay Check-Link program in early October. It is this milestone that brought

Low Fuel Prices Increase Consumer Optimism

Consumers are optimistic about the state of the economy, but few believe that fuel prices will fall any lower. As fuel prices fall, consumer optimism about the economy rises. According to the latest Consumer Fuels Survey results from the National Association of Convenience Stores (NACS), for the first time since June, a majority of American consumers

Natural Gas as Transportation Fuel

Carnegie Mellon University is evaluating the feasibility of creating a natural gas economy. A recent study from Carnegie Mellon University has revealed the uncertainty and variability of the potential life cycle greenhouse gas (GHG) emissions from using natural gas to power light-duty vehicles. The study contributes to the library of studies conducting life cycle analysis of GHG emissions from

MFA Oil Expands Footprint Through New Acquisition

MFA Oil welcomes Lyberger Oil’s former employees and customers into it’s family. MFA Oil Co. has announced its acquisition of Lybarger Oil Inc., based in Garnett, Kan. The new acquisition will establish a substantial presence in the east-central Kansas market for MFA Oil. “We are excited to welcome Lybarger Oil’s employees and customers to the MFA

How to Optimize Fuel Supply Profitability

There’s always a disciplined approach to building a high-value fuel distribution business. Mark Radosevich Marketers competing for fuel distribution contracts are facing an increasingly tough environment to garner profitable dealer business. Several years ago some marketers began offering deals whereby the dealer could retain the prompt pay discount (PPD), in an attempt to aggregate rapid

Algenol, Protec Partner To Distribute Ethanol Made From Algae

Fuel made from algae is a fossil fuel replacement, with yields 20 times greater than fuel made from corn. Algenol Biotech LLC has partnered with Protec Fuel Management LLC to market and distribute, for the first time commercially, ethanol made from algae. The companies have agreed to offer the new fuel from Algenol’s Fort Myers, Fla. commercial demonstration module. The

Drop Tank Offers New Discounts Through Groupon

New Groupon offer encourages repeat business and customer loyalty. Drop Tank has announced the launch of a new fuel discount offer with Groupon. The new Groupon offer allows customers to purchase a gift card for $40 which allows them to take 10-cents off per gallon of gas for 100 gallons, giving the gift card a $50 value.

U.S. Oil Acquires Indianapolis Terminal

U.S. Oil hopes to strengthen relationships with fuel retailers through newly acquired terminal. U.S. Venture Inc.’s petroleum and renewable energy division, U.S. Oil, has expanded eastward. According to a report by the Oil & Gas Financial Journal, U.S. Oil has acquired a refined products terminal, which adds 410,000 barrels of capacity, in Indianapolis. Along with increased

Spinx Opens First CNG Fueling Station in Anderson, S.C.

Piedmont now has 10 public fueling stations that offer CNG as an alternative transportation fuel. The Spinx Co. and Piedmont Natural Gas and have opened the first public compressed natural gas (CNG) refueling station in Anderson, S.C. The new station is located at 1207 S.C. Highway 28 Bypass. The is third public refueling facility in South Carolina for

BP Launches “Give a Reward, Get a Reward” Program

BP allows members to award family and friends with 25- cents-per-gallon discounts. BP has announced a new promotion that will allow customers to share their savings at the pump. What’s more is that sharing savings will entail no additional fees to wholesale customers. The promotion, known as “Give a Reward, Get a Reward,” builds on the recent success of the

BP Blamed For Midwest Price Spike

One of the country’s largest refineries experiences difficulties, causing large fuel price increases in the Midwest. A number of states in the Midwest have experienced a recent spike in gasoline prices. The price spike is being attributed to one of the country’s largest oil refineries as it has experienced difficulties with its largest crude distillation

Five Sacramento, Calif. Stations Sign Supply Agreement With Pearson Fuels

Pearson promotes a clean environment through five new supply agreements, along with E85 fuel for 85 cents per gallon. Five gas stations in and around the Sacramento, Calif. metropolitan area have signed new supply agreements with Pearson Fuels. In an attempt to promote alternative fuel options, Pearson and its new retail partners offered ethanol flex

Natural Gas May Have Limited GHG Benefits

Using natural gas as transportation fuel may not be as effective on reducing GHG emissions as was hoped. Despite the limited effectiveness of natural gas on reducing lifecycle greenhouse gas (GHG) emissions when used to fuel larger vehicles, there are still a number of benefits to using natural gas in other areas. Carnegie Mellon University researchers have done

Falling Fuel Prices Ignite Consumer Optimism

Falling gas prices raises consumer economic optimism; however, consumers are careful not to be overly optimistic. The latest Consumer Fuels Survey results released by the National Association of Convenience Stores (NACS) has revealed that consumers are currently more optimistic about the economy and plan to increase their driving this month. However, even as prices fall from the

Joint Venture will Bring Crude Oil From Texas to Louisiana

Bayou Bridge pipeline to be constructed through a three-way venture. A joint venture has been formed between Phillips 66, Energy Transfer Partners, L.P. and Sunoco Logistics Partners L.P. This venture was made to construct the Bayou Bridge pipeline to transport crude oil from the Phillips 66 and Sunoco Logistics terminals in Nederland, Texas, to Lake Charles, La.

Shell Makes Cuts to Combat Low Oil Prices

As oil maintains its lower prices, Shell adjusts with spending and job cuts. Given the extended period of low oil prices, oil companies are experiencing a decrease in net income from a year ago. Decreases in oil production revenue must be countered with other strategies. Some companies are finding it necessary to change former plans in order to

How Does Fuel Pricing Influence Vehicle Purchases?

Despite today’s price conscious consumers, it seems that consumers are not highly concerned about fuel prices when it comes to choosing a vehicle. A report by the Fuels Institute suggests that consumer vehicle purchases are not significantly influenced by fuel prices. Over the past five years, the average price per gallon of regular unleaded gasoline

Gasoline Prices Trending Downward

Gasoline is slowly trending away from its summer peak and seems to be stabilizing in recent weeks. Despite a number of factors such as the decreased number of oil rigs in the U.S. and a decrease in imported oil from Saudi Arabia, gasoline prices have not seen too much of an increase over the past 30

SEI Fuels Becomes Largest Shell-Branded Distributor in New Orleans

SEI Fuels will now supply Shell-branded fuel to approximately 60 branded locations in and around New Orleans. A transaction closed July 16 in which SEI Fuel Services, Inc. purchased the dealer fuel supply business of LavigneBaker Petroleum, LLC, in and around New Orleans. SEI Fuels entered the wholesale fuel business in 2012 when it and its

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