Advance Auto Parts has announced its “Big Game Most Valuable Play” promotion. During this promotion, if any quarterback completes a touchdown pass of at least 25 yards during the Big Game on Sunday, Feb. 12, in Arizona, 25 lucky fans will score a year of free gasoline at Shell stations nationwide and receive a $500…
NAG Talks Fuel Strategy
The National Advisory Group (NAG) has invited the convenience store industry to attend its annual conference on March 26-29 in Austin, Texas. One of its general sessions will cover the changing fuel landscape, including the integration of electric vehicles and alternative fuels. Leading authorities will discuss how the forecourt will evolve over the next five…
TravelCenters of America to Expand Electric Vehicle Infrastructure
TravelCenters of America (TA) announced an agreement with Electrify America to offer electric vehicle (EV) charging at select TA/Petro locations, with the first stations planned to be deployed in 2023. With a goal of installing approximately 1,000 individual chargers at 200 locations along major highways over five years, TA will purchase Electrify America’s direct current (DC) fast…
GPM Investments Announces Winter Savings
GPM Investments LLC has announced its latest seasonal promotions, running now through March 29. Available in all stores across the company’s family of community brands, these winter deals help customers save on gas and stay warm with hot beverage deals. In addition, GPM is offering deals to stock up on essentials this season with extra savings…
Colonial Oil Industries Acquires Strickland Oil Co.
Colonial Oil Industries Inc. announced it has acquired Strickland Oil Co. effective Jan. 16, 2023. Strickland Oil has serviced Savannah, Ga., and the surrounding region for 47 years delivering commercial fuel and lubricants as well as operating a card lock location in Pooler, Ga. “Colonial Oil is excited about this opportunity to add customers in…
Fuel Variety Key to Decarbonization
As a new year begins and legislatures across the nation push to further environmentally friendly agendas, convenience store retailers are assessing future demand to determine how to best compete in a changing fuel landscape. 2022 posed many challenges for consumers and retailers alike as gas prices reached record-high digits. Although consumers still needed to drive,…
Offen Petroleum Acquires Gas Depot
Offen Petroleum has acquired Gas Depot Inc. and Gas Depot Oil Co., both headquartered in Chicago. Offen is an independent distributor of motor fuels, propane and lubricants and offers petroleum logistics services throughout the U.S. The acquisition is Offen’s first into Chicago and the Great Lakes region. Gas Depot was founded by George Nediyakalayil in…
Frigid Weather Causes Gas Prices to Rise
While travelers were trying to make it home for the holidays, gas prices started to increase due to the winter storm in late December. Refineries as far south as Texas and the Gulf Coast were forced to shut down temporarily. In fact, AAA reported that the national average for a gallon of gas rose 12…
2023 Gas Prices Projected to Fall 50 Cents Per Gallon
Relief may be on the way for drivers across the U.S., as the yearly national average price of gas in 2023 is forecast to drop nearly 50 cents per gallon from that of 2022 to $3.49, according to GasBuddy’s 2023 Fuel Outlook. Continuing improvement in refinery capacity will help alleviate gasoline and diesel prices, though…
Majors Management Acquires Davis Oil Co.
Majors Management, LLC. announced the acquisition of the assets of Davis Oil Co. and its affiliates (“Davis Oil”). With 21 convenience store locations across West Michigan along with the supply of fuels to 11 commission marketers, the acquisition is Majors’ first entry into the state of Michigan. “We are thrilled to transition the employees and customers of Davis…