fuel-truck

Developing a Fuel Strategy Amid Soaring Costs

High gas prices mean more headaches for retailers. Experts weigh in on the best ways to survive the market volatility. By Erin Rigik, Associate Editor. With gas prices skyrocketing, retailers are feeling the squeeze from every angle. But there are unique opportunities for savvy retailers to reduce fuel expenditures, which will afford them a better

oilbarrels

Is $4 Gallon Gasoline Coming to a Station Near You?

By Brian L. Milne, Refined Fuels Editor, Telvent DTN For some, the unpleasant reality of $4 gallon gasoline has already occurred, namely in California, where the Energy Information Administration reported in early April an average price for regular grade gasoline at $4.057 gallon. As of April 4, the EIA pegged the average for Chicago at

thorntons

Thorntons Offers Fuel Deal For Debit Users

Customers can now save five cents per gallon with debit card and PIN. Thorntons has launched a new fuel savings program in Lexington, Ky., where customers can instantly save five cents per gallon at the fuel pump. This new program began on Tuesday, March 15 at all 10 Lexington area Thorntons locations. Customers save five

fuel pump

Fuel Prices Spur Uptick In Consumer Complaints

As gas prices increase, customers are paying more attention to the price at the pump and are quick to report concerns, the National Conference on Weights and Measures reports. As fuel prices rise, so do the number of consumer complaints at the gas pump, according to a recent survey of state weights and measures, where

shellpumps

Shell And Excentus Join To Offer Fuel Discounts

Gas station customers can look forward to cents-per-gallon fuel discounts at participating Shell stations nation-wide. Shell and Excentus, a provider of marketing programs and services using cents-per-gallon fuel discounts as the ultimate consumer reward, have announced the nationwide expansion of their alliance through an exclusive, long-term strategic deal. The relationship between Shell and Excentus aims

fuelnozzle

Gas Prices Soar Almost 34 Cents In 13 Days

California, which has the highest gas prices in the nation, has reached $3.89 for a gallon of gas. Gas prices continue to climb upward, spurred higher due to the turmoil in Libya, with crude oil prices moving above $106 per barrel in overnight trading, marking a two-and-a-half year high. The national average price for a

cargas


 OPMCA Welcomes New Director of Regulatory & Government Affairs

“In a complex industry like ours, his experience in research and analysis, and (Biemel’s) attention to detail will be valuable assets,” says OPMCA CEO. The Ohio Petroleum Marketers & Convenience Store Association (OPMCA) has announced Dave Biemel as its new director of regulatory and government affairs. Biemel is a 2010 graduate of Case Western Reserve

speedway

Remke bigg’s, Speedway Partner To Offer Fuel Rewards

“Our partnership with Speedway provides customers with 87 convenient locations in which to save at the pump,” says Remke bigg’s president. Remke bigg’s, a grocer with 14 stores throughout Northern Kentucky and Cincinnati,  and Speedway are partnering to help customers save on fuel with Pump Perks fuel rewards program. The Pump Perks program, along with

thorntons

Thorntons Launches ‘Gas Price Text Alerts’

New text message program from Thorntons helps customers save on gas. Thorntons Inc. is helping customers get a ‘jump on the pump’ before fuel prices change and giving them the opportunity to save hundreds of dollars a year on fuel costs, with the launch of a new text messaging program, Thorntons Gas Price Alerts. The

fuelnozzle

House Defunds E-15 Waivers

An amendment to the House budget bill stops federal funding to EPA E-15 waivers, amid concerns over the safety of the fuel for vehicles. The U.S. House of Representatives has voted to block the (EPA) from moving toward a higher blend of ethanol in gasoline, passing an amendment to the House budget bill on Saturday

stop&shop

Stop & Shop Adds PriceNet

Regional Northeastern grocery chain relies on PriceNet to optimize fuel prices. Stop & Shop Supermarket Co., a food retailer in the Northeast, has selected a suite of KSS Fuels products to provide day-to-day fuel price management and optimization to 70 of its retail locations that offer fuel. Stop & Shop plans to use PriceNet and

7eleven_logo

7-Eleven Acquires Illinois Tollway Oases Sites

“This acquisition gives our brand great visibility in Chicagoland,” says 7-Eleven spokesperson. 7-Eleven is taking over the remaining 17 years of a lease agreement for  ExxonMobil outlets located on seven Oases sites along the Illinois Tollway. The new agreement with 7-Eleven Inc. of Dallas includes maintenance and operations responsibilities for Mobil fuel stations at the

smiths

Smith’s Debuts Electric Car Charging Station

New equipment allows the option of using solar panels to power the fuel station in the future. Smith’s Food & Drug Stores has opened its 37th Smith’s Express fuel station in Utah, located in the parking lot of the Smith’s store at 876 South 800 East in Salt Lake City. The fuel center is the

shellpumps

Shell Market Tests Nitrogen Enriched Diesel

New branded diesel helps protect engines, can reduce fuel consumption in heavy duty fleets, Shell reports. Shell Oil Products US today is testing Shell Nitrogen Enriched Diesel, extending the company’s “Nitrogen Enriched” advanced cleaning system to diesel. The fuel has been proven to reduce fuel consumption in an extensive test of heavy-duty vehicles and is

bptruck

BP to Divest ARCO Brand

BP says it plans to focus future downstream investment in the U.S. on further improving and upgrading its more advantaged refining and marketing networks in the country. BP is repositioning its refining and marketing (R&M) business in the U.S. and divesting two of its US refineries, in a move that will halve BP’s U.S. refining

chevronstore

Chevron Shows Its Pricing Power

BP maintains second highest market share after Shell despite oil spill crisis. Chevron used 2010 to restructure, exiting states on the edge of its marketing area, but it nonetheless exhibited more pricing power than any other brand, according to a just release OPIS report. The OPIS Retail Year in Review & 2011 Profit Outlook found

citgoLogo

CITGO Adds ULSD Unit At Corpus Christi Refinery

The ULSD initiative allows CITGO to contribute to a cleaner environment. CITGO Petroleum Corp. has completed the construction and start-up of a 42,500 BPD unit to produce Ultra Low Sulfur Diesel (ULSD) at its Corpus Christi, Texas refinery. With the completion of this unit, which has been in operation since December, CITGO is now capable

gasnozzle

Western Refining Wholesale Adds Fuel Price Solution

KSS Fuels’ RackPrice to help manage fuel prices for Western Refining Wholesale. Western Refining Wholesale, a division of Western Refining Inc., an independent refining and marketing company headquartered in El Paso, Texas, is set to use KSS Fuels’ RackPrice wholesale pricing solution to help it manage fuel prices at its wholesale locations. Western Refining is

fuelpump

EPA Extends E15 Waiver To 2001-2006 Vehicles

While ethanol advocacy groups cheer on the decision, some organizations have strong concerns. The U.S. Environmental Protection Agency (EPA) has extended a waiver allowing higher ethanol concentrations in fuel for 2007 and later model year cars and trucks to 2001-2006 model year vehicles, Oil & Gas Journal reported. Waivers, however, won’t be granted for fuels

Bolla1

Bolla Oil Reached Deal to Acquire Mobil Sites

PetroProperties & Finance LLC (PP&F), and its northeast regional strategic partner, Petroleum Equity Group, LTD (PEGL), are proud to announce their participation in Garden City, NY- based, Bolla Oil Corporation’s successful acquisition of 36 Mobil-branded retail petroleum facilities located in Brooklyn and Staten Island. The store package is comprised of both fee simple and leasehold

marathon logo

Marathon Oil To Spin Off Refining Segment

Marathon Oil Corp. to focus on upstream responsibilities, while new Marathon Petroleum Corp. handles downstream business for the company, effective June 30. Marathon Oil Corp. plans to separate its upstream and downstream segments. The new Marathon Petroleum Corp. (MPC), which will be headquartered in Findlay, Ohio, will operate the company’s refining, marketing, terminals and pipelines,

SUNOCO

Sunoco Expands in New Jersey

Sunoco Inc. has reached an agreement with the New Jersey Turnpike Authority and Getty Petroleum Marketing Inc. to begin operating the nine fuel stations at service plazas along the Garden State Parkway, one of the most heavily traveled roads in the nation. The new six-year agreement begins January 2011 and runs through December 2016. Sunoco

AtlasOillogo

Atlas To Offer Diesel Exhaust Fluid

Taylor, Mich. –based Atlas Oil Co. is now offering Diesel Exhaust Fluid (DEF), which was recently mandated in all new 2010 and beyond diesel vehicles. Atlas is a Master Distributor for BlueDEF brand diesel exhaust fluid, produced by Old World Industries, the manufacturer of Peak Performance antifreeze and other world-class automotive products. Atlas has signed

THorntonslowres

Thorntons Adds E-85 at 36 Stores

Thorntons now offers E-85 Flex Fuel at 36 stores: seven in Illinois, 11 in Indiana, 11 in Kentucky, and seven in Tennessee. E-85 is an alcohol-based fuel, comprised of just 15% petroleum. Ethanol can be made from virtually any agriculture feedstock from which starch is derived, such as sugar cane, wheat or milo. Today, the

Retail Gasoline Prices Start 2011 above $3 Gallon Nationally

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline continues to defy traditional seasonal price patterns, with the U.S. average for regular grade holding at a 27-month high above $3 gallon at $3.052 gallon, and poised to still inch higher. Usually you see retail gasoline prices nearing their calendar lows this time of

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