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| Monday September 10, 2007 |
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Shell Oil president says U.S. policies hinder energy security
The United States should reconsider its policies on tapping North American petroleum as a matter of "energy security," according to Shell Oil President John Hofmeister, who for the past year has been on a nationwide tour designed to make just that point.
By August, Hofmeister had visited more than 40 cities where, typically, he talks to political and civic leaders, as well as residents in town hall meetings. (Full Story)
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More crime-fighting tactics for urban stores
Key physical features can make a convenience store a less likely crime target, an official with the Texas Petroleum Marketers and Convenience Store Association told NPN MarketPulse.
"Cash control is one of the key robbery deterrents," said Doug DuBois, Jr. A time-delay safe is an effective cash control tool. (Full Story)
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| NEWS ITEMS
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EIA: retail gasoline prices gain almost five cents
The U.S. average retail price for regular gasoline increased 4.7 cents last week to jump to 279.6 cents per gallon as of September 3, 2007, 6.9 cents higher than last year, according to the Sept. 6 issue of "This Week in Petroleum," published by the Energy Information Administration (EIA). (Full Story)
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A coalition presses Tesco to put its promises in writing
Not a single Fresh & Easy market has opened in Southern California, but British owner Tesco is already under pressure from community groups to live up to promises to pay decent wages, provide affordable health benefits and reduce greenhouse gases, according to a Sept. 6 article by Jerry Hirsch in The Los Angeles Times. (Full Story)
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CHS to renovate 1,600 Cenex stores
CHS Inc. said Sept. 5 that its Cenex convenience store chain will undergo a major makeover, renovating all 1,600 Cenex stores over the next 36 months to craft a new brand identity and support the company's plans for growth, according to an article by Carissa Wyant in the Minneapolis / St. Paul Business Journal. (Full Story)
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Suncor refinery to shut down in October for a month
One of Colorado's two refineries in Commerce City that turn crude oil into gasoline and diesel will be shut down for a month beginning Oct. 1, possibly squeezing fuel supplies and pushing up prices at pumps, according to a Sept. 4 article by Gargi Chakrabarty in the Rocky Mountain News. (Full Story)
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Ruling in cigarette lawsuit is vacated
The 1st U.S. Circuit Court of Appeals on Aug. 31 vacated a federal court ruling that would have thrown out a lawsuit by three Mainers alleging deceptive and unfair advertising by the makers of "light" cigarettes, the Associated Press reported. (Full Story)
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Motiva sells Connecticut gasoline stations
Motiva Enterprises LLC has sold its interest in 18 retail gasoline station sites in Hartford, Conn., and New Haven, Conn., to a subsidiary of Chestnut Petroleum Distributors Inc., Houston Business Journal reported Sept. 4. Motiva, a Houston marketer of Shell-branded gasoline in the eastern United States, also assigned Shell-branded supply agreements to an additional 35 sites in the area to CPD Parent Properties LLC, according to the Journal. The stations will retain the Shell brand. (Full Story)
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Goodyear introduces versatile transfer hose
To help North America promote alternative fuels and reduce its dependence on foreign oil, the manufacturer and marketer of Goodyear Engineered Products has introduced its most versatile transfer hose to handle many fuel types. The Goodyear Engineered Products Flexwing VersaFuel transfer hose meets the needs of expanding alternative fuel markets and conventional fuel markets. VersaFuel is used in tank truck and plant operations to transfer diesel, gasoline, oil, biodiesel and ethanol blends, as well as petroleum-based products with up to 60 percent aromatic content. VersaFuel's outside cover resists degradation from fuel blends and is abrasion resistant. The inner tube material helps resist swelling, softening or cracking possibly caused by alternative fuels, which can extend hose life and ensure metal coupling retention. Its helix wire reinforcement reduces the risk of collapse, permitting VersaFuel to also be used for full vacuum applications. VersaFuel's rugged construction is designed to withstand extreme cold and heat. It operates at temperatures ranging from -30 to 180 degrees Fahrenheit, permitting use during all seasons and eliminating any outdoor storage concerns.
The hose is stocked in 100-foot lengths and seven diameters from one to four inches.
Goodyear
www.veyance.com
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| CALENDAR OF EVENTS |
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Insight NACS Future of International Convenience Retailing
London, UK
September 24-28
Contact: Dan Munford
+44(0)1936-556-090
www.nacsonline.com
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South Dakota Petroleum and Propane Marketers Association/South Dakota Association of Convenience Stores Annual Convention and Expo
Ramkota Hotel
Rapid City, S.D.
September 25-26
(605) 224-8606
www.sdp2ma-sdacs.com
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SIGMA 2007 Annual Meeting
Westin Copley Place
Boston, Mass.
October 12-14
(703) 709-7007
www.sigma.org
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NACS Category Management Seminar
New Orleans, LA
Sheraton, New Orleans
December 4-5
Contact: Amy Burke or Carolyn Schnare
(800) 966-6227
www.nacsonline.com
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Ethanol & Biodiesel Management
Hyatt Regency McCormick Place
Chicago, IL
November 28-30
866-620-5940
opis@opisnet.com
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The NACS Show 2007
Georgia World Congress Center
Atlanta, Ga.
November 6-9
(800) 966-6227
www.nacsonline.com
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Published By NPN Group | © 2007 NPN Group | All Rights Reserved |
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