Parker’s announces its plans to open a highly developed convenience store this November in Garden City, Ga. Parker’s, a leader in convenience store sales across Georgia and South Carolina, has announced its latest cutting-edge c-store in Garden City, Ga., which is expected to open this November. The store, which measures almost 4,000 square feet, is…
Susser Provides Q2 Preliminary Results
Announces secondary offering of common stock by Wellspring. Susser Holdings Corp. has provided partial preliminary financial and operating results for the second quarter of 2012, ended July 1, 2012. Susser expects to report: • Same-store merchandise sales growth of approximately 8% year-over-year, versus growth of 5.8% for the year-earlier period. • Total merchandise sales of approximately…
Zarco 66 First To Offer E15 Fuel
Zarco 66 is first U.S. gas station to deliver E15 ethanol fuel to consumers, reducing dependence on gasoline and imported oil. American drivers can now choose to use E15 fuel at the Lawrence, Kan., Zarco 66 gas station. The Zarco 66 is the first U.S. retailer to offer E15 fuel, which is 15% ethanol and…
Apache Oil Opens CNG Fuel Station In Louisiana
Apache Corp. helps the Lafayette, La., community by adding a CNG fuel station to fuel city vehicles. Apache Corp. celebrated the opening of its first public-access compressed natural gas (CNG) fueling station in the state of Louisiana at its Lafayette station. “The state of Louisiana is a leader in supporting increased use of natural gas,”…
Bazzi Oil Fuels Academic Futures
Bazzi Oil and CITGO support five students in their journey to continuing education. CITGO-marketer Bazzi Oil invited 800 community members to an awards ceremony this June to honor five high school students who will each receive $500 scholarships for continuing education. Destiny Harris, Briana Pannell, Mae Mova, Channel Wilkerson and Roselyn Wtson, all seniors at…
Gasoline’s Retail Price Slide Could Stall On Shut-ins, Policy
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…
Highlighting Weak Demand, EIA Lowers Price Expectations
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…
Americans Favor Fuel From Grocery And Wholesale Markets, Study Finds
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…
Retail Gasoline Prices Seen Sliding Again
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…
Gasoline Prices Tumble as Economic Growth Slows
By Brian L. Milne, Refined Fuels Editor for Telvent DTN From the Friday before Memorial Day to June 1, the gasoline futures contract took a 23.61 cents or 8.2% plunge in value, with the contract early Monday (6/4) trading at its lowest point in 2012 at $2.5971 gallon. The precipitous drop came with a host…