pmaa seeks relief from gouging accusations

New bill in play sets new ground rules. The House Committee on Energy and Commerce held a hearing on “Gasoline Prices, Oil Company Profits and the American Consumer” on Tuesday, May 22. Afterwards, thanks to the efforts of the Petroleum Marketers Association of America (PMAA), the committee released a new version of Rep. Bart Stupak’s

rutters helps customers fuel up for free

Popular gas giveaway returns offering more prizes than last year. Rutter’s Farm Stores’ “Fuel Up Free!” gas giveaway returns May 28 and runs through Aug. 26. Four lucky customers will win free gas for three years, compared with three grand-prize winners in 2006. “We had an incredible response to ‘Fuel Up Free!’ in 2006,” said

exxonmobils memphis conversion

Forty stores rebranded from Tigermarket to On the Run. ExxonMobil has converted its 40 Memphis-area Tigermarket convenience stores to On the Run convenience stores at Exxon service stations. “When you walk into an On the Run store, you’ll notice a difference,” said Ben Soraci, U.S. retail sales director, ExxonMobil Fuels Marketing Co. “We’ve worked hard

gas stations losing against driveoffs

Record-high prices driving desperate drivers to desperate measures. Escalating gas prices are becoming standard fodder for nightly news programs, all of which have been accurately reporting on the dangerously high records recent gas prices have been shattering. With the ever-increasing prices at the pump comes desperation from motorists who either cannot or choose not to

the dep comes down on getty

Reports of a gasoline leakage trigger strict regulations. The Department of Environmental Protection (DEP) this week ordered Getty Realty Corp. and Getty Petroleum Marketing to investigate and correct soil and groundwater contamination from three underground storage tanks at the Getty gas station located at 2100 Market St., Linwood, Penn. “Residents of this community need to

a push for e85

Kum & Go offers one-day promotional sale to support biofuels. Kum & Go, with the help of Iowa Governor Chet Culver, a longtime advocate of cleaner-burning biofuels, kicked off a special promotion yesterday by offering E85 fuel for only $1.85 a gallon at its store at 715 Lang Creek in Grinnell. The event also celebrated

toa reports big first quarter losses

Recent merger and taking the company public gobbled up revenues, profits. TravelCenters of America LLC has reported a huge loss for its first quarter, which ended March 31, due in large part to costs connected with going public. The company’s net loss in the quarter totaled $54.3 million. $45 million of the loss came from

tesoro takes control of la refinery

Deal also includes distribution to 278 stations. Tesoro Corp. has completed the purchase of Shell’s 100,000-barrel-per-day Los Angeles refinery and 278 operating stations. All 278 retail sites will remain Shell branded, but will be supplied by Tesoro. Tesoro has already assumed operational control of the refinery and has began overseeing responsibilities included the operations of

murphy joins tempo

New loyalty program rewards customers at the pump. Murphy USA has joined Tempo Payment Inc.’s network, which is initiating a system-wide implementation of Murphy-branded PIN debit cards at more than 1,000 gas stations, with an initial rollout to 111 stores in Atlanta, Dallas and Houston. As a result of the substantially lower interchange fees it

new gasoline branding for the panty

New supplying agreement signed with Chevron. The Pantry Inc. has executed a new gasoline branding and supplies agreement with Chevron, covering the 66 Petro Express convenience stores that The Pantry recently acquired in North Carolina and South Carolina. Under the agreement, all of the gasoline operations at the Petro Express stores will be converted to

valero tightens its belt

More than 100 retail managers released into early retirement. Valero will be releasing more than 100 managers on the retail end of its operations. The released managers, if they worked above the store level, will be offered early retirement. There are a total of 130 candidates eligible for early retirement, according to Valero spokesman Bill

wholesale firms on the block

PetroProperties & Finance coordinating the confidential sale. by John Lofstock ____________________________________________ Wholesale petroleum companies in five key markets have been put on the sales block, CSDecisions.com   has learned. PetroProperties & Finance LLC of Coral Gables, Fla., is coordinating the confidential sale of the companies in Delaware, Georgia, Illinois, Pennsylvania and Texas. Citing confidentiality agreements,

standing out in the crowd

Aided by its partnership with Valero, Fas Mart and Shore Stop stores are thriving in a tough East Coast market. Just a few years ago, Fas Mart was facing financial uncertainty. With 170 stores, the Mechanicsville, Va.-based chain, which also operates Shore Stop stores, was forced into Chapter 11. But what was a difficult period

what type of marketer are you

Dealer volume has never been more attractive and times have never been better for wholesale marketers considering exiting the industry. I was sitting in my office the other day ruminating that with the recent letter of intent we had just received, I was about to be a man without a jobbership to sell. Fortunately, the

southeast petrofood show slated for march

The Southeast Petro-Food Marketing Exposition will be holding its 26th regional show March 7-8, 2007, at the Myrtle Beach Convention Center in Myrtle Beach, S.C. The expo, started by the North Carolina Petroleum MarketersAssociation in 1981, is the largest regional c-store/petroleum show in the nation, and is sponsored by the following five associations: North Carolina

valero celebrates in style

CSD honors the San Antonio marketer as its 2006 Chain of the Year. In this age of cut-throat competition, fewchains are able to rise above theacrimony to stand out as a model corporate citizen. Valero Energy Corp. isat the top of that list, and that’s why itwas no surprise that more than 300retailers and suppliers

chevron gets fresh

New imaging program transforms the forecourt with a colorful array of bright lights and warm, friendly graphics. Amateurs work until they get it right. Professionals work until they can’t get it wrong. It’s this philosophy that is driving Chevron to display its professional prowess as it prepares for the nationwide rollout of its Image Refresh

understanding the petroleum market

Opportunities exist to capture fuel acquisition cost-savings, but do you know what they are? By Brian L. Milne, Contributing Editor Downstream fuel buyers face unprecedentedchallenges in high levels of priceand supply volatility with their fuel buying Opportunities to capture acquisition cost-savings and maximize profit can be lost seconds in up-and-down markets. More than ever, the

retailers embrace floridas generator law

Hurricane havoc forces mandate for backup power at gas stations, and other states may adopt similar legislation. By Joe Bahnatka, Contributing Editor After a hurricane sweeps across Florida, the state wants to keep gas pumps as busy as a department store on Black Friday. Keeping nozzles in gas tanks, however, requires electricity, which often times

valero named convenience store decisions chain of the year

San Antonio-based marketer to be honored at an awards reception Oct. 9 in Las Vegas. Continuing a tradition it began in1990, Convenience Store Decisionsis proud to announce Valero EnergyCorp., as its 2006 Convenience StoreChain of Year. Valero, which will be honored at aawards reception Oct. 9 in Las Vegas during the National Association ofConvenience Stores

faceoff

Fuel Hedging: Aggressive or Moderate? Face-off is a regular feature in Convenience Store Decisions that gives retailers, suppliers and consultants an opportunity to debate the issues affecting the convenience store and petroleum industry. Have an idea for Face-off? Contact John Lofstock at 201-845-2468 or via email at jlofstock@penton.com. Aggressive:Philip J. Baratz, C.T.A.President, Angus Energy Inc.

is hedging right for you

Minimizing risk is key to maximizing fuel profitability. The post-Hurricane Katrina era is presenting a flood of challenges for uneasy marketers at the most inopportune time. Competition from multiple retail channels has never been greater, credit card fees are eating away store profits and fuel supply is being called into question forcing pump prices to

maximizing margins

Carwash dollars compensate for shrinking gas profits. Remember when convenience stores and gas stations used to give a free carwash with the purchase of a full tank of gas? Now, shrinking fuel margins are causing an increasing number of store operators to look to carwash sales to boost the bottom line. According to the International

ethanol fuels tank concerns

New oxygenates could cause clogged filters, phase separation without proper preparation. Ethanol may be good for the environment and it may reduce U.S dependence on foreign oil, but it’s murder on underground storage tanks. With ethanol-blended fuel on its way to gas stations and convenience stores across the country, petroleum marketers are beginning to realize

a fresh look

NOCO Express is steadily redesigning its upstate New York locations, while BP has converted a dozen South Florida stores to its popular am/pm brand. What was once a two-bay, NOCO Express gas station tucked in the historic village of Williamstown, N.Y., is now nothing if not top of the line. The fourth of NOCO Energy

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