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Special Announcement
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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
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News Items
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Tax Foundation: presidential hopefuls' plans no help for 'pain at the pump'
Amid debate over what the federal government should do about the higher price of gasoline, each of the three presidential hopefuls has put forth a proposal. (Full Story)
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Retalix and IBM in The Pantry
Retalix, a provider of software solutions for retailers and distributors, announced May 6 that The Pantry Inc. has begun rolling out Retalix StorePoint, Retalix Fuel, and Retalix HQ-Convenience software. (Full Story)
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Alon USA reports a loss in its first quarter; declares quarterly cash dividend
Alon USA Energy, Inc. on May 5 announced results for the quarter ended March 31, 2008. Net loss for the first quarter of 2008 was ($33.6) million, or ($0.72) per share, compared to net income of $35.6 million, or $0.76 per share, for the same period last year. (Full Story)
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Mapco parent Delek reports $5 million net loss in first quarter
Delek US Holdings Inc. reported a first-quarter net loss of $5 million, or nine cents per share, according to a May 6 article in the online edition of the Nashville Business Journal. (Full Story)
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Oil prices hit record - above $123 - then slip slightly
World oil prices surged to fresh record highs above $123 per barrel May 7 amid concerns about tight supplies and lingering unrest in oil-rich Nigeria, traders said, according to AFP and other news organizations. (Full Story)
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EIA: average gasoline price continues upward climb; diesel eases a bit
Once again, and for the sixth week in a row, the U.S. average retail price for regular gasoline moved higher, this time by one cent, according to the May 7 issue of "This Week in Petroleum," published by the Energy Information Administration (EIA). (Full Story)
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Retalix and IBM to offer products, services to convenience store operators
Retalix Ltd. announced May 5 a worldwide partnership with IBM to deliver combined software, hardware and services solutions to petroleum and convenience store retailers of all sizes. (Full Story)
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Oil nears $123; a prediction is for $200
Oil futures rocketed to a new record near $123 a barrel May 6, reported John Wilen of the Associated Press, gaining momentum as investors bought on a forecast of much higher prices and on any news hinting at supply shortages. (Full Story)
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OPW Fueling introduces double-wall spill container
OPW Fueling Components, Cincinnati, Ohio, announced May 6 the availability of a new spill container. (Full Story)
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Couche-Tard president complains about cigarette smuggling in Quebec
Alain Bouchard, president of the Alimentation Couche-Tard convenience-store chain, came out swinging against cigarette smuggling, according to a May 6 article by Sylvain Larocque of The Canadian Press. (Full Story)
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VeriFone offers breach protection to petroleum retailers
VeriFone Holdings, Inc. announced May 5 that it is extending its VeriShield Protect credit and debit card encryption technology to Secure PumpPay, its PCI-approved solution for upgrading fuel dispensers to accept electronic payments securely. (Full Story)
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Oil prices near $121 a barrel in Asian trading on supply worries
Oil futures rose to an all-time high near $121 a barrel May 6 in Asia, fueled by worries about threats to supply and a weakening of the U.S. dollar, according to an Associated Press report from Singapore, published in the online edition of The International Herald Tribune. (Full Story)
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How to find and keep employees without stealing from the competition
The Petroleum Equipment Institute has scheduled a webinar titled "How to Find and Keep the Right Employees...Without Stealing from the Competition" for Wednesday, May 21, 2008 from 1-2:30 p.m. EST. (Full Story)
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Valero to purchase 72 convenience stores from Albertson's
Valero announced May 5 that it has signed an agreement to purchase 72 convenience stores and fueling kiosks from Albertson's LLC. Once completed, the transaction will expand Valero's company-owned retail presence in Texas, Colorado, Arizona and Louisiana, where Valero already operates approximately 950 company-owned Corner Store locations. (Full Story)
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Philip Morris USA hikes prices on Marlboro and other brands
Philip Morris USA on May 2 effectively raised the price on Marlboro and most of its other cigarette brands by 9 cents a pack, according to a report by Reuters news service. (Full Story)
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Product of the Week
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Bennett Pump Announces Pacific Dispenser Series with VeriFone PCI Compliant Secure PumpPAY System
Bennett Pump Co., a worldwide provider of electronic petroleum dispensing equipment, has announced the release of its Pacific fuel dispenser series. The Pacific fuel dispenser incorporates the industry's first Payment Card Industry (PCI) compliant payment system: Secure PumpPAY from VeriFone®, a worldwide leading provider of secure electronic payment systems. VeriFone's Secure PumpPAY is a PCI approved solution that includes PCI certified keypad and magnetic stripe reader (MSR,) which supports the Triple Data Encryption Standard (TDES) method of encryption at the dispenser. Secure PumpPAY includes a familiar ATM style keypad with eight screen addressable keys for customer input and a hybrid card reader that accepts EMV chip and magnetic stripe cards. A 5.7 inch color display provides a dynamic digital merchandising solution allowing retailers to highlight bright, attention-getting messages to customers while they fuel their tanks. A built in contactless reader future-proofs your investment. An intuitive, customer centric user interface in the Pacific dispenser makes it easy for customers to activate the dispenser, pay securely, and be on their way. Bright, large LCD sales display, LED next-step lighting cues, and perimeter suspended hoses contribute to an easy-to-use experience for the fuel customer creating additional brand loyalty for the fuel marketer.
Bennett Pump Company
www.bennettpump.com
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Calendar of Events
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NYACS Trade Show & Convention
May 14-15
The OnCenter
Syracuse, NY
(518) 432-1400
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SIGMA 2008 Spring Convention
May 18-20
Westin Hilton Head Island Resort & Spa
Two Grasslawn Ave.
Hilton Head Island, SC
(703) 709-7000
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NAOHSM's 55th Annual Convention & Trade Show
May 18-22
New Conn. Convention Center
Hartford, Conn.
www.naohsm.org
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PPMCSA Summer Conference
July 20-22
Grand Hotel
Ocean City, MD
(717) 902-0210
www.ppmcsa.org
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PPMCSA 2008 Convention, Annual Meeting & Trade Show
Oct. 1-3
Hershey Lodge & Convention Ctr.
Hershey, PA
(717) 902-0210
www.ppmcsa.org
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The NACS Show 2008
Oct. 4-7
Chicago, IL
McCormick Place
(800) 966-6227
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For a complete list of industry events, go to NPN's calendar web page.
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Published By NPN Group | © 2008 NPN Group | All Rights Reserved
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For more information on NPN MarketPulse, contact:
Keith Reid, editor-in-chief
M2MEDIA360
NPN Group
Ph: 847-720-5615
Fax: 847-720-5601 |
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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.
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