Retailers should exercise extreme caution when considering whether to sell E15 (gasoline containing 15% ethanol) following the U.S. Environmental Protection Agency’s (EPA) recent decision to authorize the use of E15 in vehicles manufactured in model year 2007 and later, said the National Association of Convenience Stores (NACS). NACS represents the convenience and petroleum retailing industry,…
Keeping USTs and Fuel Dispensers Safe
“Those operators who are only now waking up to the need to tend to UST-related matters need not despair. I recently put together an update for a client I have on all 50 states, and everything I remember reading said that no one’s been cast out, shut down or told they can’t operate because they…
Thorntons Celebrates Store Openings In Illinois
Thorntons recently celebrated the grand opening of its two newest store locations in the Chicago suburbs. On Sept. 21, the company opened a store located at 28937 West IL Route 120 in Lakemoor, Ill., and on Sept. 28, Thorntons opened a location at 110 West Devon Ave. in Wood Dale, Ill. With the addition of…
Retail Gasoline Set to Dip from One-Month High
Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. retail gasoline price average should dip from a one-month high, as wholesale gasoline prices at distribution terminals in major metropolitan markets eased slightly during the final full week of September. Wholesale spot prices did increase early last week, slumped midway through the week, while again…
Mansfield Oil Named Top Technology Innovator
Mansfield Oil Co., an independent supplier of refined fuels, ethanol and diesel exhaust fluid nationwide, has been selected as the top technology innovator in the Energy and Utilities industry in this year’s Information Week 500. The 2010 awards and overall rankings were revealed last week at a gala awards ceremony at the exclusive InformationWeek 500…
Alabama Quik Mart Adds E85
Growth Energy has partnered with Edwards Oil to provide E85 at a Quik Mart Convenience Store in Florence, Ala., DomesticFuel.com reported. “We appreciate Growth Energy’s assistance in helping us to fund this infrastructure. Alabama has not seen much investment or sales demand for E85, we are hoping to have a role in changing that,” said…
Kum & Go Features E85 Promotion
To start off the Iowa Corn Indy 250 race weekend the Kum & Go station at 2110 Guthrie Avenue in Des Moines, Iowa featured an E85 promotion and a two-hour appearance and autograph signing by race car driver Marco Andretti. On Thursday, June 17 from 5:30p.m. to 7:30 p.m. customers that visited the Kum &…
Thorntons Adding E85 Pumps
Thorntons Inc. has teamed with Growth Energy to establish 20 new E85 stations in five states. “We are very excited about the expansion of E85 fuel in our stores,” said Matt Thornton, CEO of Thorntons, which operates more than 160 c-stores in Illinois, Indiana, Kentucky, Ohio and Tennessee. “We support the use of ethanol, wherever…
Valero Exits Delaware City
San Antonio-based Valero Energy Corp. has discontinued operations in Delaware City after completing the sale of its terminal operation there to Delaware City Refining Company LLC and Delaware Pipeline Company LLC, wholly owned subsidiaries of PBF Energy Company LLC. Valero received total proceeds of $220 million from the sale. Valero had announced the sale of…
Economists Offer 2010 Outlook
Economists presented both sides of the picture to retailers at the NACS State of the Industry Summit in Chicago this week. The 2010 NACS State of the Industry Summit marked the 40th anniversary of the State of the Industry survey conducted by NACS. When the survey began, industry sales were recorded at just over $1…