Changes ahead for Sunoco with definitive merger agreement with Energy Transfer Partners Energy Transfer Partners, a Texas pipeline company, has received many calls about Sunoco’s gas stations since the merger was announced April 30, Martin Salinas Jr., the company’s chief financial officer, told analysts this May. Kelcy Warren, CEO of Energy Transfer Partners, bought Sunocoo…
Getty Realty Corp. Repossesses 788 Properties
Getty enters into new lease agreements with affiliates of Lehigh Gas, Chestnut Petroleum Distributors, Ramoco Fuels and Sam’s Food Stores. Getty Realty Corp.’s master lease with Getty Petroleum Marketing Inc. (Marketing) has been rejected by Marketing effective April 30, 2012, pursuant to an order of the Bankruptcy Court. The rejection was consistent with the…
NACS Testifies On Domestic Fuels Bill
NACS Vice President of Government Relations speaks before the U.S. House Energy and Commerce Committee Subcommittee on Environment and the Economy. On April 19, NACS Vice President of Government Relations John Eichberger testified before the U.S. House Energy and Commerce Committee Subcommittee on Environment and the Economy, on behalf of the convenience and fuel retailing…
PMAA Endorses Gasoline Regulations Act of 2012
Gasoline Regulations Act of 2012 passes House Energy and Commerce Subcommittee on Energy and Power. On Tuesday, April 17, the House Energy and Commerce Subcommittee on Energy and Power approved a bill along party lines known as the “Gasoline Regulations Act of 2012,” which would delay EPA’s 2008 ozone requirements and it’s new Tier 3…
Murphy Oil USA Names Pointsmith Supplier Partner of the Year
Pointsmith receives honor for third straight year after being selected based on a company-wide survey. Murphy Oil USA has named Pointsmith, an at-store point-of-purchase management company, as its Supplier Partner of the Year for the third consecutive year. The award was presented at Murphy Oil’s annual National Managers meeting Jan. 23, 2012, in Orlando, Fla.…
NOCO Express Acquires Store In Macedon
Newly acquired location to undergo renovations this spring. NOCO Express, a family-owned and operated gasoline convenience store chain headquartered in Tonawanda, N.Y., has entered Wayne County. NOCO has acquired the lease for Prime Convenience, a 3,333 square foot store located at 1241 State Route 31 in Macedon effective March 1, 2012. The addition of the…
VERC Enterprises Named Employer of the Year
Westwinds Clubhouse to present VERC Enterprises with an award at its Massachusetts Clubhouse Coalition awards ceremony April 10. VERC Enterprises, a convenience store and Mobil/Gulf gasoline operator with 24 locations throughout eastern Massachusetts and New Hampshire, has been named Employer of the Year by Westwinds Clubhouse in Fitchburg. “VERC Enterprises was selected for this honor…
Fast Nickels vs.Slow Dimes
When it comes to competing in the fuel business, convenience store retailers must fight to maintain their market share. By Jim Callahan. I received an inquiry from a small retailer in the Northeast recently who had lost a huge chunk of his fuel volume due to some fierce new competition. This is an issue that…
Coulson Oil Buys Two Arkansas Convenience Stores
While it usually leases properties to independent operators, Coulson Oil plans to operate its newly acquired stores. After years of supplying gasoline, North Little Rock, Ark.-based Coulson Oil Co. has purchased two convenience stores in the Texarkana, Ark. area, marking a new direction for the company, which chiefly sells fuel, Arkansas Business Online reported. The…
Robin Oxford Joins NACS
NACS welcomes new director of political affairs. Robin Oxford has joined NACS as its director of political affairs. In this position, Oxford will be responsible for all elements of NACSPAC, the political action committee representing the convenience and fuels retailing industry, and will handle all day-to-day operations and strategic initiatives designed to maximize the NACSPAC’s…