By Brian L. Milne, Refined Fuels Editor, Telvent DTN Most wholesale gasoline costs countrywide are moving lower as we march toward the end of the third quarter, with the current decline consistent with its historical pattern of falling prices as demand eases from the summer peak and production costs decrease with the transition to winter-grade [...]
The former Chevron and Conoco-branded sites, once operated by Ever-Ready Oil, are acquired by two regional operators. In a deal valued at more than $15 million, San Diego-based Trigild Inc., in tandem with Dallas-based brokerage firm Annandale Real Estate, has closed the sale of a portfolio of 30 Albuquerque, N.M., area gas station/convenience stores once [...]
Wholesale gasoline costs in major metropolitan regions of the country tumbled during the week following Labor Day, pressured by several features including weak consumption of the fuel leading up the holiday weekend, while driving demand consistently slumps in September from August. Historically, gasoline demand and prices move lower in September after the summer driving season. [...]
By Brian L. Milne, Refined Fuels Editor for Telvent DTN Still feeling the impact from last month’s Hurricane Irene, wholesale gasoline costs in most metropolitan markets across the United States moved higher Labor Day, the celebrated end to the summer driving season. Irene made a rare appearance by a hurricane in the Northeast, impacting the [...]
Wholesale gasoline costs were mixed through the week-ended Aug. 22, while the New York Mercantile Exchange September RBOB (gasoline) futures contract edged higher. In California, wholesale gasoline costs moved up on a sharp drawdown from state specific gasoline inventories, while in the Midwest costs were higher as refining activity eased. Gasoline costs in the Northeast [...]
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs mostly moved higher through the week-ended Monday (8/15) in major metropolitan markets across the U.S., paring steep declines incurred earlier in August amid heavy selling that had gripped markets of all stripes, and reached the panic level at some points. Macroeconomic signals continue to [...]
As the FDA’s Center for Tobacco Products (CTP) begins to implement tobacco regulations, the tumult surrounding tobacco at retail shows no sign of abating. In fact, the future of cigarette retailing will depend largely on retailers themselves. This issue and more will be addressed at the National Advisory Group (NAG) conference, September 10-13th in Savannah, [...]
A crowning achievement of the CEFCO organization, the new store is the next generation of store design and guest experience. It incorporates a number of innovative operational enhancements made possible by an open, fresh design with modern treatments and upgraded finishes. “We are tremendously proud of what the newest CEFCO store means to the organization,” [...]
Valero Energy Corp. has donated $3 million to Feeding America, as part of its “Fill Up to Fight Hunger” campaign. Motorists across America fought hunger in their communities simply by filling up with fuel at participating Valero-branded outlets for the past three months. For each 8-gallon fuel purchase made at a participating Valero outlet, Valero [...]
How versed are you on current labor laws regarding union organizing? Do you know about the rules changes in regulations occurring within the National Labor Relations Board (NLRB) and the Department of Labor? Do you have a strategy plan for maintaining positive employee relations and effective union organizing strategies and tactics? If not, plan on [...]
The National Coalition of Associations of 7-Eleven Franchisees announced that it has helped raise nearly $750,000 this year for two of its charitable partners, Hire Heroes USA and the Muscular Dystrophy Association (MDA). Hire Heroes is a non-profit organization offering transition assistance, job search assistance and job placement services to those veterans injured or disabled [...]
GKdirect (formerly Lion Uniform Group) is excited to once again offer pink ribbon apparel this year for the annual Fueling Awareness, an Industry United for a Cure campaign. In workplaces across the country, employees will wear company-branded pink ribbon Awareness Apparel to show their commitment to a cure for breast cancer. Many convenience stores large [...]
ConocoPhillips is officially rolling out the KickBack Points Coalition Loyalty Program to branded marketers through a series of Road Show meetings starting today in Seattle. The meeting in Seattle will be the first of 28 Road Show meetings starting on the West Coast, before moving into the other ConocoPhillips markets. This program is a turnkey [...]
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 [...]
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 [...]