Automakers, the United Autoworkers (UAW) and other climate and industry leaders released statements this week on the Biden administration’s steps to strengthen American leadership on clean cars and trucks. Joint Statement From ‘Big Three’ Ford, General Motors (GM) and Fiat Chrysler owner Stellantis announced their shared aspiration to achieve sales of 40-50% of annual U.S.…
Shell and Kroger Team Up for Food and Fuel Points
Shell and Kroger announced a new partnership in several major Florida markets that will allow customers order fresh groceries online at Kroger.com, have them delivered to their home and earn Fuel Points to save on fuel at Shell. By shopping at Kroger.com and earning Fuel Points, customers can save up to $1 per gallon by…
NCR Outlines What’s Fueling the Convenience Sector in 2021
Visits to convenience stores have changed significantly, impacted by safety concerns, EMV payment rules, vehicle types and so much more. In the United States, while the number of convenience store transactions decreased 13.9% in 2020, industry inside sales increased 1.5% as customers visited local convenience stores for daily shopping needs. And, while fuel sales struggled…
Marathon Releases 2021 Second-Quarter Results
Findlay, Ohio-based Marathon Petroleum Corp. (MPC) this week released its second quarter 2021 report outlining a boost to its income from the same quarter a year ago, the closing of its sale of Speedway, and its continued focus on advancing its renewable projects and lowering its cost structure. Marathon reported net income of $8.5 billion,…
Refuel Picks Up ALCO’s 28 Stores
Charleston, S.C.-based retail and wholesale fuel distribution and convenience store business Refuel Operating Co. has entered into an agreement to acquire the assets of Albemarle Oil Co. (ALCO), a North Carolina based convenience store and retail fuel business operating under the ALCO brand. Headquartered in Albemarle, N.C., ALCO owns and operates 28 conveniences stores and…
ACE Breakouts: Consulting Firms to Present Financial and Strategic Planning Topics
As part of the 34th annual American Coalition for Ethanol (ACE) Conference taking place Aug. 18-20 in Minneapolis, consulting firms Christianson PLLP and K·Coe Isom will host breakout sessions centered on planning for the future, ways to address changes in the workplace and leadership, and how to set up and monetize projects that capitalize on…
Local Charities to Benefit From Shell’s ‘The Giving Pump’
Shell Oil Co. has launched “The Giving Pump” at stations across the U.S. as part of its Force For Good initiative to drive positive change in local communities by giving back. Now through Sept. 30, a portion of the purchases made by consumers who use the designated pump at select Shell stations will support local…
Couche-Tard to Acquire Wilsons Gas Stops and Go! Stores
Alimentation Couche-Tard Inc. announced that a binding agreement has been entered into in connection with the acquisition of Cape D’Or Holdings Ltd., Barrington Terminals Ltd. and other related holding entities, which operate an independent convenience store and fuel network in Atlantic Canada under the Esso, Wilsons Gas Stops and Go! Stores brands. The Wilsons network…
COVID Delta Variant, Higher Gas Prices Reroute Travel Plans
Summer travel has hit a roadblock this year, but not in the amount of people driving. It’s in the distance people are willing to go. GasBuddy released the results of its first ever Midsummer Travel Survey, revealing that 10% fewer Americans are now planning to take a road trip this summer than were in May.…
Fuel Economist Will Be Featured Speaker at ACE Session
This year’s American Coalition for Ethanol (ACE) annual conference coming up Aug. 18-20, in Minneapolis, offers a collection of general sessions that address the industry’s most timely topics, including a presentation from University of Illinois at Chicago’s Dr. Steffen Mueller, principal economist of the Energy Resources Center, that broaches the hype surrounding electric vehicles (EVs)…