|
|
Special Announcement
|
|
Get The Data That Drives The Petroleum & Convenience Industry Today!
Order your copy of the 2007 NPN MarketFacts today for the introductory price of only $195 (plus shipping and handling).
To order your print copy and/or CD version of the 2007 NPN MarketFacts edition, please click here
|
|
|
|
 |
|
|
|
|
News Items
|
|
EIA: average gasoline price edges upwards; diesel gains 2 cents
The average retail price for regular gasoline edged higher after three weeks of falling prices, to 297.8 cents per gallon as of Feb. 4, according to the Feb. 6 issue of "This Week in Petroleum," published by the Energy Information Administration (EIA). (Full Story)
|
|
OPW overfill prevention valve approved by Florida DEP
OPW Fueling Components announced Feb. 6 that, following a review by the Florida Department of Environmental Protection's Bureau of Petroleum Storage Systems, its Model 71SO Vaportight Overfill Prevention Valve has been approved for overfill prevention for underground storage tanks in the State of Florida. (Full Story)
|
|
Flying J files lawsuit against Wisconsin in fight against minimum markup law
The state of Wisconsin is being sued in federal court over a law designed to ensure fair competition among gas station owners, according to a Feb. 5 article by Scott Bauer of The Associated Press. (Full Story)
|
|
In Maine: a proposal to waive kerosene sales tax at gas stations, c-stores
The state legislature in Maine is considering a bill that would exempt kerosene sold at convenience stores or gas stations from the 5 percent sales tax, according to a Feb. 6 article by Victoria Wallack in The Lincoln County News. (Full Story)
|
|
BP misses estimates, plans job cuts, and increases quarterly dividend
BP announced Feb. 5 an increase of 25 per cent in its quarterly dividend, taking it to a level 31 per cent higher than a year ago. (Full Story)
|
|
Store clerk is robbed twice in one evening
Two different armed robbers held up a convenience store in Grand Rapids, Mich., on the evening of Feb. 3, taking money from the same store clerk, 31-year-old Tommy Gutierrez, on both occasions, reported The Associated Press. (Full Story)
|
|
ChoicePay payment kiosks in two QuikTrip stores in Tulsa
Customers of two QuikTrip stores in Tulsa, Okla., are able to pay their gas and electrical bills using an automated payment kiosk, officials say, NewsOK.com reported Feb. 3. (Full Story)
|
|
NACS: U.S. convenience store count climbs to 146,294
The number of convenience stores in the United States grew by more than 1,000 stores and now stands at 146,294, according to the new NACS/TDLinx Official Industry Store Count of U.S. convenience stores as of Dec. 31, 2007, NACS reported. (Full Story)
|
|
In Florida: a deadline for UST upgrades
Florida's Department of Environmental Protection estimates that about 10 percent of the state's 8,000 retail stations will fail to meet a Dec. 31, 2009, deadline to replace their underground fuel storage tanks with double-walled tanks and pipes, a requirement designed to protect the underground water supply from fuel leaks, according to a Feb. 5 article by Russell Ray in The Tampa Tribune. (Full Story)
|
|
Oil prices fall below 90 dollars
Oil prices moved lower on Feb. 5 as supply fears faded over the recent closure of a shipping channel serving a Texas port, analysts said, according to a news report by AFP. (Full Story)
|
|
7-Eleven extends dispenser purchasing agreement with Gilbarco
7-Eleven, Inc. has extended its dispenser purchasing agreement with Gilbarco Veeder-Root, Greensboro, N.C., through December 2010, Gilbarco announced Feb. 4. (Full Story)
|
|
Dutch entrepreneur unveils robotic device to refuel vehicles at gas stations
A Dutch entrepreneur has unveiled the world's first gas station robot, according to CityNews. (Full Story)
|
|
Chevron refinery plan clears hurdle, with conditions, in Richmond, Calif.
A city panel in Richmond, Calif., panel that normally deals with lighting, screening and other aesthetic considerations recommended approval of a retrofit at the Chevron refinery but attached a laundry list of conditions, Mike Taugher reported in The Mercury-News, a newspaper in San Jose, Calif. (Full Story)
|
|
Oil remains lower; fears over possible U.S. recession spark worries
Oil continued lower as fears over a possible U.S. recession continued to spark worries that demand for crude will wane, Thomson Financial reported Feb. 4. (Full Story)
|
|
NACS: High gasoline prices are consumers' top concern
High gasoline prices have changed consumers' overall spending behavior more than any other economic factor - especially at the pump - where consumers say they will significantly change their purchasing behavior to save as little as one cent per gallon, according to a new NACS report examining consumer perceptions and behaviors. (Full Story)
|
|
Starbucks to drop breakfast sandwiches so customers can smell the coffee
The scent of warmed breakfast sandwiches interferes with the coffee aroma in Starbucks stores, so the chain is saying 'bye-bye' to breakfast sandwiches by the end of fiscal year 2008. (Full Story)
|
|
Exxon Mobil posts record profit
Exxon Mobil earned a record $40.6 billion in net income because of surging oil prices, the company said Feb. 1, according to an article by Jad Mouawad in The New York Times. (Full Story)
|
|
EIA: retail gasoline price drops below $3 per gallon
The U.S. average retail price for regular gasoline fell below $3.00 a gallon for the first time since Dec. 24, to 297.7 cents per gallon as of Jan. 28, according to "This Week in Petroleum," published by the Energy Information Administration (EIA). That average is four cents lower than last week but 81.2 cents above a year ago, according to the EIA report. (Full Story)
|
|
Tesco plans to open 18 Fresh & Easy stores in Bay Area
Fresh & Easy, the U.S. arm of British grocery retailer Tesco, has announced that it plans to build 18 stores in the San Francisco Bay Area, the San Francisco Chronicle reported Jan. 31. (Full Story)
|
|
|
|
|
Product of the Week
|
|
AUTEC Now Offering auTEC SHIELD™
AUTEC is now offering its ultimate vehicle surface protectant, auTEC SHIELD™. This new introduction is a polymer based product that bonds to vehicle surfaces for a resilient shine that repels harmful contaminants such as rain and snow. It also helps prevent harmful fading effects of UV rays. auTEC SHIELD™ may be applied on-board (consult factory) for shorter bays as well as through a free-standing arch.
AUTEC
www.autec-carwash.com
|
|
|
|
|
Calendar of Events
|
|
SIGMA Executive Leadership Conference
Snowbird, UT
The Cliff Lodge
February 10-13
(703) 709-7000
www.sigma.org
|
|
WPMA Convention
The Mirage
Las Vegas, NV
February 19-21
(801) 263-9762
www.wpma.com
|
|
|
The Work Truck Show 2008
Georgia World Congress Center
Atlanta, GA
Convention: Feb 25-28, 2008
Trade Show: Feb 26-28, 2008
(800) 441-6832 in the U.S.
(248) 489-7090 in Canada
www.ntea.com
|
|
ASD/AMD Trade Shows Las Vegas
Sands Expo Center, Mandalay Bay Convention Center, Mirage Events
Center & Grand Ballroom
Las Vegas, NV
March 2-5
Melissa Younkin (310) 481-7325
|
|
|
Southeast Petro-Food Marketing Expo
Myrtle Beach Convention Center
Myrtle Beach, SC
March 5-6
(803) 419-0804
|
|
Liberty U.S.A./PPMCSA C-Store Trade Show
March 13, 2008
Pittsburgh ExpoMart
Monroeville, PA
(412) 461-2700
www.libertyusa.com
|
|
|
|
|
For a complete list of industry events, go to NPN's calendar web page.
|
|
|
Published By NPN Group | © 2008 NPN Group | All Rights Reserved
|
|
|
For more information on NPN MarketPulse, contact:
Gary Bevers, group publisher
M2MEDIA360
Retail Distribution Group
Ph: 832-444-7675
Fax: 800-430-3446
|
Keith Reid, editor-in-chief
M2MEDIA360
NPN Group
Ph: 630-739-0280
Fax: 630-739-0321 |
|
|
|
|
 |
This newsletter is protected by United States copyright and other intellectual
property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast,
directly or indirectly, in any medium without the prior written permission of M2MEDIA360.
|
|
