Mountain Express Oil has announced the acquisition of Texon Oil and its 24 Sunoco-branded retail locations. The transaction was facilitated by Petroleum Equity Group (PEG). The facilities acquired were a blend of auto service bays and convenience stores managed under a mostly company-operated or commission agent model. The sale also included two vacant parcels adjacent…
Sheetz Offers Fourth of July Fuel Discount
Sheetz has announced that it will be reducing the price of fuel at store locations to $3.99 a gallon for Unleaded 88 and $3.49 a gallon for E85. The offer starts now and will be effective through the Fourth of July travel season. Unleaded 88 is approved by the EPA for use in vehicles for…
Retailers Report Decreased Customer Traffic
A new survey released by NACS revealed that over the past three months, 59% of retailers said their customer traffic has decreased in stores, likely in large part due to high gas prices. Convenience stores, which sell an estimated 80% of the fuel purchased in the U.S., rely on in-store sales, not fuel sales, to…
Pilot Expands on Alternative Fuel Initiatives
Pilot Co. has announced that it will be furthering its current initiatives in the alternative fuels space through a partnership with VoltaGrid. Through the partnership, Pilot will add a new compressed natural gas (CNG) and hydrogen delivery platform to develop a low-carbon fuels network that contributes to reduced emissions and decarbonization for third-party customers in…
President Biden Looks to Temporarily Suspend Federal Gas Tax
Since Russia began sending troops to Ukraine, gas prices in America have gone up by almost $2 per gallon, which poses a significant challenge for many working families. To attempt to combat this issue, President Biden has boosted the supply of oil and gas in recent months, including a historic release from the Strategic Petroleum…
Technologically-Advanced Fuel Dispensers
Dover Fueling Solutions (DFS) announced the launch of two brand-new fuel dispenser models in the Wayne Helix and Wayne Century fuel dispenser series. The new releases include the Wayne Helix 6000 II fuel dispenser models and Wayne Century 3 fuel dispenser models. The Wayne Helix 6000 II features integrated monitoring and remote management capabilities through […]
Marathon Receives Award For Marine Environmental Protection
Marathon Petroleum’s Logistics and Storage (L&S) organization received an award given by the U.S. Coast Guard (USCG) that is given every other year to a corporation or business that demonstrates excellence in protecting the marine environment. The Rear Admiral William M. Benkert Marine Environmental Protection Award for Excellence is the premier marine environmental protection award…
Dover Fueling Solutions Launches Four-Nozzle Fuel Dispenser in France
Dover Fueling Solutions (DFS) has announced the launch of its first ever four-nozzle Wayne Helix CNG fuel dispenser at two fuel stations in France. This double-sided model (featuring two nozzles per side and four nozzles total) builds upon DFS’ advanced dispenser technology and encompasses an enhanced user interface, while showcasing DFS’ ongoing commitment to support…
Sharp Energy Announces Acquisition of Propane Distribution Business
Sharp Energy announced the recent acquisition of the Siler City, N.C., propane distribution business from the Chatham, Va.-based petroleum distributor and supplier Davenport Energy. Sharp Energy is one of the largest propane gas companies in the Mid-Atlantic region, supplying over 86,000 residential and commercial propane customers from service centers in Delaware, Florida, Maryland, Pennsylvania, North…
Hydrogen Fuel Dispenser
Dover Fueling Solutions (DFS) announced the launch of its brand-new dispenser for hydrogen. With multiple configuration possibilities and a broad range of options, the DFS Hydrogen dispenser can meet even the most specific requirements for a broad range of applications, from heavy-duty vehicle refueling to fuel retailing. It is a modern and modular dispenser, which […]