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| Friday July 20, 2007 |
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How to avoid selling tobacco to underage customers
One week apart and in cities on separate coasts, the challenge of curbing tobacco sales to minors grabbed headlines.
In Seattle, a study that found convenience stores with gas pumps in the Seattle market are the most likely to violate laws banning the sale of tobacco to minors; and in Springfield, Mass., store owners, health officials and city councilors are planning more severe penalties on businesses caught selling cigarettes and other tobacco products to minors. (Full Story)
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| NEWS ITEMS
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PetroClear designs fuel filters to be compatible with ethanol
PetroClear, Albion, Ill., a division of Champion Laboratories, Inc., and a manufacturer of fuel-dispensing filters, said it has designed its fuel-filter lines to be compatible with the dispensing of ethanol at any percentage, from the E10 that is blended into today's unleaded gasoline, to the E85 that is becoming a larger and larger component in the motor-fuel pool. (Full Story)
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NACS president: rise in credit card fees 'unjustifiable and unsustainable'
Noting that the convenience and petroleum retailing industry in 2006 paid more in credit card fees than it earned in overall profits, NACS President and CEO Hank Armour told the House Judiciary Committee's Antitrust Task Force in written testimony that the "rapid increase in fees is unjustifiable and unsustainable," the association said in a July 19 press release. (Full Story)
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Merchants Payments Coalition ads spotlight interchange fees
Advertisements placed this week by the Merchants Payments Coalition, a group of merchant trade associations seeking a more competitive and transparent credit card fee system, aim to show how credit card companies use some of the billions they collect from the credit card interchange fee to pay for marketing campaigns, the coalition announced in a July 16 press release. (Full Story)
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EIA: retail gasoline prices jump almost 7 cents
For the second consecutive week, the U.S. average retail price for regular gasoline increased, climbing 6.8 cents to 304.9 cents per gallon as of July 16, 2007, according to the July 18 edition of "This Week in Petroleum," published by the Energy Information Administration (EIA). (Full Story)
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Delek buys stake in Lion Oil for $65.4 million
Delek US Holdings Inc. has entered into agreements with several Lion Oil Co. shareholders to acquire a minority equity interest of 28.3 percent in the company for $65.4 million, the Memphis Business Journal reported July 16. Lion Oil operates a refined petroleum products terminal in Memphis as well as 188 convenience stores in the Memphis and Nashville markets. (Full Story)
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Obituary: Frank Ferino, 77, owned gas stations
Frank Ferino and his late brother Steve were owners of the Ferino Brothers Exxon and Texaco service stations from 1956 to 1987, and he served on the Exxon National Dealer Advisory Board for a few years, according to an obituary by Lisa Davidson in the July 14 online edition of the Bucks County Courier Times, a newspaper in Pennsylvania. (Full Story)
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New Tank Sampler Kit for Fuel Storage Tanks
Central Illinois Manufacturing Company (Cim-Tek® Filtration) has developed an innovative way to take more accurate samples from the bottom of fuel storage tanks with its new product, the Tank Sampler Kit. It is a portable hand-operated vacuum device designed for use on underground and above-ground tanks storing gasoline, diesel fuels, alcohol-blended fuels, as well as fuel oil tanks. With this product, samples of the fuel will be more accurate than using water- finding paste. The sample containers can be taken to a lab for the identification of other contaminants such as microbiological growths or particulates. The Tank Sampler Kit (Part #60035) contains a 6' & 14' polyurethane suction hose with brass weights so samples can be taken directly from the tank bottom for a more precise reading. It is equipped with three shatterproof containers in a metal holder, which keeps test samples from spilling. All components are placed in a portable case that is easy to store.
Cim-Tek
www.cim-tek.com
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| CALENDAR OF EVENTS |
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Florida Petroleum Marketers & Convenience Store Association 2007 Convention & Trade Show
Gaylord Palms Resort
Kissimmee, Fla.
July 21-25
(850) 877-5178
www.fpma.org
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North Carolina Association of Convenience Stores 2007 Annual Convention
Kingston Plantation
Myrtle Beach, S.C.
July 22-25
(919) 834-5933
www.nccstore.com
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2007 Hispanic Retail 360 Summit
Westin Park Central Hotel
Dallas, Texas
August 1-3
www.nacsonline.com
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Mississippi Petroleum Marketers & Convenience Store Association 2007 Convention and Trade Expo
Ross Bridge Resort
Birmingham, Ala.
August 1-4
(601) 353-1624
www.mspetroleum.com
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Colorado Wyoming Petroleum Marketers Association Convention and Trade Show
Snow King Resort
Jackson Hole, WY
August 4-7
(303) 422-7805
www.cwpma.org
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NACS Leadership Executive Program
Ithica, N.Y.
Cornell University
August 19-23, 2007
www.nacsonline.com
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Published By NPN Group | © 2007 NPN Group | All Rights Reserved |
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