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| Thursday June 21, 2007 |
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National Conference to weigh proposal for voluntary temperature compensation
The next major development in the "hot fuel" controversy could come in July, when an organization of standards experts considers a proposed model for temperature compensation at the retail level.
In testimony at a June 8 congressional hearing, Michael Cleary, chairman of the National Conference on Weights and Measures (NCWM), said the conference is debating a proposal "that would be a model law for the states to consider adopting that would allow permissive temperature compensation at the retail level." (Full Story)
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| NEWS ITEMS
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RPCS Inc. to buy 12 Tulsa area stores, including three convenience stores
RPCS, Inc., which operates Price Cutter stores in the Springfield, Mo., area, announced plans June 19 to acquire 12 properties from Albertsons LLC, including nine supermarkets and three convenience stores, in and around Tulsa, Okla., according to The Springfield News-Leader. (Full Story)
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In South Carolina: gas stations in a price war
A price war is under way among service stations in Batesburg-Leesville, 40 miles from downtown Columbia, S.C., according to a June 20 article by Tim Flach in The State. Fuel is selling at up to 20 cents per gallon cheaper than elsewhere in the Columbia area, according to the article. (Full Story)
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Famima!! operator adapts Japanese approach for U.S. market
In 2005, Shiro Inoue the chief executive of Famima, a subsidiary of No. 3 Japanese convenience store chain FamilyMart introduced a new shopping concept to Americans: a health-conscious and ritzy convenience store with a unique Japanese flavor, noted a June 15 article by Miho Nagano in Investor's Business Daily. (Full Story)
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Fueling stations with E85 are few and far between
There are about 5 million "flexible fuel" vehicles on U.S. roads that can handle E85, but there are only 1,145 public stations that offer the fuel nationwide, according to the National Ethanol Vehicle Coalition, Michael Hill of the Associated Press reported in a June 18 article. (Full Story)
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Ethanol push may slow plans for new refineries
A campaign by Congress and the White House for huge production increases in biofuels such as ethanol is prompting the oil industry to scale back its plans for refinery expansions, according to a June 18 article by H. Josef Hebert of The Associated Press. (Full Story)
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Harper Oil to sell chain to Israeli firm
Harper Oil Co., a family-owned business with more than 70 years of history in Springfield, Ill., has reached agreement to sell its chain of 26 convenience stores to an Israeli company that has expanded into the U.S. market, according to a June 14 article by Tim Landis, business editor of the State Journal Register. (Full Story)
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Mega Group acquires four convenience stores
Mega Group Inc., a financial services company based in Washington, D.C., will acquire four convenience stores in the Tidewater area of Virginia for $12.9 million, plus the value of inventory, according to a June 14 report in Commercial Property News. (Full Story)
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EIA: gasoline and diesel prices decrease again
For the third consecutive week, the U.S. average retail price for regular gasoline decreased, falling 8.1 cents to 307.6 cents per gallon as of June 11, 2007, according to "This Week in Petroleum," published by the Energy Information Administration (EIA). (Full Story)
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New "Luber-Finder" eCatalog Program Streamlines Product Search Process
Continuing the implementation of its stated goal of equipping its customers with the tools they need to make their jobs easier, Luber-finer, a division of Champion Laboratories Inc. (Albion, Ill.), and a leading manufacturer of heavy-duty filtration products for the transportation, off-road/mining, marine, agriculture and automotive light truck industry has introduced its new "Luber-finder" eCatalog for all Luber-finer-branded automotive and light truck, medium and heavy-duty filters.
All of the information in the Luber-finder eCatalog is contained on an easy-to-use CD that can easily be loaded onto any PC running Windows 2000 and all of the newer operational systems as well. It has been designed to equip current and prospective customers with the tools needed to make their jobs easier and more productive through the use of faster and more efficient filter look-up, application specifications and cross-reference capabilities.
Users of the eCatalog will be notified in the future of Web-based updates which will come in the form of automatic downloads that will be fast and virtually effortless for the end-user to access. Each quarter, those that have uploaded the Luber-finder eCatalog will get a pop-up that alerts them to new updates via the Web, eliminating the need to send out more CDs to load and reload the program.
Champion Laboratories Inc.
www.champlabs.com
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| CALENDAR OF EVENTS |
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Georgia Association of Convenience Stores 2007 Convention
Marriott Sawgrass Resort
Ponte Vedra Beach, FL
June 24-26
(770) 736-9723
www.gacs.com
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California Independent Oil Marketers Association 2007 California Petroleum Conference
Sacramento, Calif.
June 24-27
(916) 646-5980
www.cioma.com
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Pennsylvania Petroleum Marketers & Convenience Store Association Summer Conference
Golden Arrow Hotel
Lake Placid, NY
July 15-17
(717) 902-0210
www.ppmcsa.org
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Oregon Petroleum Association (OPA) Annual Sunriver Conference
Sunriver, Ore.
July 15-18
www.opma.net
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Published By NPN Group | © 2007 NPN Group | All Rights Reserved |
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