acquisition

Cloutier Oil Divests Stores To Victory Properties

A 53-year old company exits the c-store business.  Cloutier Oil, after 53 years in the business, has sold its business to Victory Properties.  Victory Properties, is a partnership formed by Rex Gillis of Columbus and Joe Morris of Ridgeland, two businessmen who also do business with Shell Oil. Victory properties purchased 11 Gas Lane and

Chevron Cited After Spill

Utah regulators have cited Chevron Corp. for a pipeline leak that sent 33, 000 gallons of crude oil into Salt Lake City’s Red Butte Creek last month, the Associated Press reported. Much of the oil collected in a pond at the city’s Liberty Park and, according to regulators, oil traveled downstream into the Jordan River.

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