Typically, convenience stores can experience a few gasoline thefts a week. But when prices increase, some stores see several gas thefts a day. By Howard Riell, Associate Editor When times get hard, thieves get industrious and innovative. The response by convenience store operators must be twofold: extensive background checks on potential employees to weed out [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. fell for the 13th consecutive week through July 2 and, at $3.356 gallon, are at a six-month low. So, just as one of the busiest travel periods in the US was underway during the July 4th holiday, retail gasoline prices were averaging at their [...]
Marathon Petroleum Corp.’s pipeline unit MPLX LP filed with U.S. regulators to raise up to $365 million in an initial public offering (IPO), Reuters reported. The limited partnership, recently formed by the refiner to own, operate, develop and acquire pipelines and other midstream assets, plans to list its common units on the New York Stock [...]
Seasonal promotion features chance to win ‘gas for life.’ Leading gas station chains Phillips 66, 76 and Conoco are encouraging travelers to hit the road this summer through a seasonal promotion that offers drivers the opportunity to win free gas for life, among more than 6,000 other prizes. With automobiles as the primary means of [...]
NOCO Express ‘excited’ to open its first store in Steuben County, NY-area NOCO Express, a family-owned and operated gas and c-store chain based in Tonawanda, N.Y., celebrated the grand opening of its newest location in Wayland, N.Y. This past June, NOCO purchased the former Acorn Markets. Today marked the grand opening of the store under [...]
by Brian L. Milne, Refined Fuels Editor, Telvent DTN Even with the rapidly approaching July 4th holiday, with holiday travel seen near the 2007 record this year, retail gasoline prices are continuing to decline as economic expansion cools and US unemployment remains high. Price watchers should expect the Energy Information Administration to report its twelfth [...]
Rutter’s announced its first winner for its Register, Scan and Win contest for summer 2012. Rutter’s Farm Stores plans to give away eight years of free gas to its loyal customers this summer, and its first winner was announced this week. Gregory Ball of Dover, Pa. won Rutter’s Fuel Up Free Sweepstakes, earnng a year’s [...]
by Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration (EIA) chopped 19 cents off the previous average it expected for U.S. gasoline prices this summer to a new $3.60 gallon estimate, while anticipating this year’s average for regular grade gasoline at $3.56 gallon and $3.51 gallon in 2013. That compares with [...]
Traditional gasoline and c-store brands continue to sell the most gasoline, but consumers are increasing their tendency to fuel-up at grocers or warehouse retailers. A survey of 4,500 consumers, completed by Market Force Information, reports that Costco and Kroger are consumers’ favorite places to fill their gas tanks as of April 2012. The survey found [...]
by Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration (EIA) should report its tenth consecutive weekly decline in the U.S. national average for regular grade gasoline sold at retail outlets Monday (6/11), with the previous average of $3.612 gallon on June 4 a nearly four-month low. The EIA’s average shows gasoline [...]
Atlas Oil Website becomes easier to navigate as it launches its updated Website. Atlas Oil launched a new Website and blog at www.atlasoil.com. The new Website appears fresh, and innovative on the home page, with improved navigation and organization. The Website features a new, enhanced careers section, a media newsroom and a customer e-services portal [...]
Teams of two invited to compete for four-week, 12-city brand ambassador gig. Save-A-Lot, a hard-discount, limited-assortment grocery chain and a wholly-owned subsidiary of SUPERVALU Inc., is launching a national search for a team of two interns to serve as brand ambassadors—or Road Scholars—for its 2012 Fuel Your Family Road Trip campaign. The winning team will [...]
Sunoco to give away fuel cards to loyal customers who promote the business this summer. Sunoco is kicking off its eighth annual Free Fuel 5000 to give one lucky driver 5,000 gallons of Sunoco fuel. Sunoco wants to reward customers who sport familiar Sunoco: Official Fuel of NASCAR decal on their automobiles between June and [...]
Shell and Excentus team up to help customers save as much as $3 per gallon of gasoline in two Florida markets. Shell’s new rewards program with the Fuel Rewards Network (FRN) allows consumers in the Miami and Ft. Lauderdale, Fla.-areas to save cents-per-gallon on gasoline. The new loyalty program has kicked off in the two [...]
Gulf’s iconic orange disk logo begins to appear more throughout major cities in Ohio. Gulf Oil announced a new branded partnership agreement with R&R Takhar Oil Co. returning the motor fuel brand to major Ohio cities for the first time in two decades. R&R Takhar Oil Co., based in the greater-Dayton, Ohio area, plans to [...]