The Valero company has agreed to a set of measures aimed at reducing tobacco sales to minors at more than 4,900 gas station convenience stores operating nationwide under Valero trademarks, Iowa Attorney General Tom Miller announced Wednesday. “Valero owns 1,000 convenience store outlets and has nearly 4,000 franchise outlets, so this will make a difference,” [...]
Gulf Oil Limited Partners has entered a multi-year sponsorship deal with Major League Baseball’s Atlanta Braves, The Boston Globe reported. The agreement will allow Gulf a presence at Turner Field, the home of the Atlanta Braves, where rotational signage, displaying Gulf’s “Sunrise” logo will appear behind home plate for all Braves home games. “We want [...]
Kum & Go, L.C. announced a major fundraising effort to benefit the Foundation for Springfield Public Schools. Kum & Go will contribute three cents from every gallon of gas sold on April 8 at 41 Springfield area locations to the organization, which supports the Springfield Public Schools. The announcement came on the one-year anniversary of [...]
Chevron Corp. has announced its the Perdido deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. Production from the Great White, Silvertip and Tobago fields using the Perdido hub is expected to reach full capacity of 130,000 barrels of oil-equivalent per day after the drilling of additional [...]
Gilbarco Veeder-Root has upgraded the warranty on its standard fuel dispensers to cover use of ethanol content up to E15. The dispensers are currently Underwriters Laboratories (UL) approved for ethanol up to E10 under the UL 87 standard. The upgraded warranty will ensure its customers are covered if the current E10 standard is broadened to [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Drivers across most major metropolitan markets in the United States should see the increase in retail prices at their local outlets freeze in the week leading up to Easter Sunday, with some markets potentially seeing a decrease at the pump. The forecast is based on a [...]
Clark Brands and CBE have partnered on a new program that will offer special pricing on VeriFone equipment to Clark branded and credit card locations. This pricing is especially attractive for retailers who are working to upgrade their Point of Sale (POS) devices and PIN pads as part of their compliance strategy. “In Clark’s continuing [...]
San Antonio-based Valero Renewable Fuels is donating more than $40,000 in funds and equipment to 10 local fire departments in Midwestern communities where the company owns ethanol plants, the Boston Herald reported. Valero owns the former VeraSun plant in Aurora, S.D. The San Antonio, Texas-based company will also pay tuition and travel expenses for 20 [...]
Brian L. Milne, Refined Fuels Editor, Telvent DTN The price strut higher in wholesale gasoline costs stalled midway through March, slowing the advance in retail prices that have surged to fresh highs earlier this month. Weekly price data from the federal government’s Energy Information Administration showed a US retail average for regular grade at $2.751 [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs ended February mixed, higher in the West Coast amid seasonal changes in fuel specifications, while other parts of the country mostly saw these costs decreasing. However, the trend moving forward points to climbing gasoline prices at the pump, while the wholesale market is [...]
Middletown, N.J. high school seniors Erika Rech and Mike Ruane are the latest Grand Prize winners in the Fueling Good program created by CITGO Petroleum Corporation. The cousins earned their prize of a year’s supply of CITGO gasoline by supporting individuals and families affected by breast cancer. Their charity, Breast Friends Forever, raised more than [...]
This week, RaceTrac Petroleum Inc., is donating $102,939.88 to the American Red Cross in support of the Haitian Earthquake Relief effort, the Cedartown Standard reported. The more than $100,000 in funds was raised during last week’s Coffee for a Cause campaign, during which all proceeds from the sale of 16-, 20- and 24-ounce cups of [...]
The Pantry Inc. has selected a suite of KSS products to provide day-to-day fuel price management and optimization at more than 1,600 retail locations in the southeastern U.S. The Pantry will use the PriceNet, PriceNet Web, KSS Analytics, KSS Mapping and KSS Visualizer solutions. The Cary, N.C.-based company will implement these KSS products to enable [...]
After a huge snow storm hit Baltimore and with more snow predicted to hit today and tomorrow, businesses are wonderng what the week will bring, WBALTV Baltimore reported. Several grocery and convenience stores told the news station they can’t stock the shelves fast enough, and gas stations said they are running out of fuel. The [...]
The average price of regular gasoline at U.S. filling stations declined to $2.67 a gallon as gasoline futures plunged and demand weakened, Bloomberg reported. Gasoline lost 5.8 cents in the two weeks ended Feb. 5, according to a survey ending on the same day of 5,000 filling stations nationwide by Trilby Lundberg, an independent gasoline [...]