National Petroleum News back issues from February 2008:
How's that economy doing?(FULLSERVICE)(Industry overview)
Feb 01, 2008; ... AS THIS MAGAZINE GOES TO PRESS WE FIND OURSELVES IN THE MIDST OF recessionary fears. One day the economy is doing fine, albeit with a few challenges, and the next it's not only a recession on the horizon, but one has perhaps already settled in. I can certainly offer some opinions on the ...
No evidence of precipitous fall on horizon for world oil production; CERA/IHS study: global 4.5% decline rate means no near-term peak.(TOP OF THE NEWS)
Feb 01, 2008 ... The missing link for understanding the future of world oil supply--a solidly based view of oil field decline rates--has now been filled by a new field-by-field analysis of production data by Cambridge Energy Research Associates (Cambridge, Mass.) and IHS Inc. The aggregate ...
Federal wilderness bill pushed by environmental groups draws heated opposition.(TOP OF THE NEWS)(Brief article)
Feb 01, 2008 ... Two Utah lawmakers say a plan by a New York congressman and a Utah-based environmental group to "lock away" more than nine million acres of land in Utah as wilderness would "lead America to become more dependent on energy from hostile foreign nations," some of which they say "fund ...
Neighborhood repair shops in jeopardy without "Right to Repair" legislation.(TOP OF THE NEWS)(Motor Vehicle Owner's Right to Repair Act of 2001 )(Brief article)
Feb 01, 2008 ... A failure by Congress to enact the Motor Vehicle Owners' Right to Repair Act (HR 2694), will threaten the economic well being of hundreds of thousands of small, independently owned repair shops throughout the country, according to Paul Fiore, executive vice president of the Service Station ...
Tidel celebrates its 30th anniversary.(INDUSTRY ANNOUNCEMENTS)(Brief article)
Feb 01, 2008 ... Tidel Engineering, L.P. (Carrollton, Texas), a world leader in cash management systems and robbery prevention products, celebrates its 30th anniversary. Originally a subsidiary of The Southland Corp. (7-Eleven), Tidel introduced robbery prevention cash controllers to the convenience store ...
New image and investments fuel record growth in Cenex[R]-branded outlets.(INDUSTRY ANNOUNCEMENTS)(Brief article)
Feb 01, 2008 ... More than 150 retailers joined the Cenex[R] (Inver Grove Heights, Minn.) brand family in fiscal 2007. CHS Inc. continued to focus its Cenex brand expansion on major metropolitan areas, while maintaining growth in many rural communities. [ILLUSTRATION OMITTED] "Our ...
CAT Scale expands network with purchase of Interstate Scales.(INDUSTRY ANNOUNCEMENTS)(Hargett Enterprises Inc)(Brief article)
Feb 01, 2008 ... CAT Scale Co. (Walcott, Iowa) has entered into an agreement with Hargett Enterprises, Inc., to purchase Interstate Scales from the company. For the time being CAT Scale Co. will operate Interstate Scales intact while scale sites are evaluated. Interstate Scales consists of 143 truck scale ...
Rutter's announces plans for $55 million investment in new stores, car washes in 2008.(INDUSTRY ANNOUNCEMENTS)(Rutter's Farm Stores)(Brief article)
Feb 01, 2008 ... Rutter's (York, Pa.) will invest more than $55 million this year to build 10 convenience stores and 11 car washes as part of the biggest one-year capital expenditure in the company's history. The growth will add 350 new jobs--and more than $4.5 million in annual wages and benefits--to the ...
OPW appoints vice president and general manager.(INDUSTRY ANNOUNCEMENTS)
Feb 01, 2008 ... OPW Fueling Components (Cincinnati, Ohio), a global leader in commercial and retail fueling equipment, announced that it has named Rahul Deshmukh vice president & general manager of its OPW Dispensing Products division. In this role, Rahul will be responsible for managing the strategic ...
Craig Campbell accepts new position at WashTec AG.(INDUSTRY ANNOUNCEMENTS)(appointment of Craig Campbell)(Brief article)
Feb 01, 2008 ... Mark VII Equipment Inc. (Arvada, Colo.), the U.S. subsidiary of WashTec AG, a leading supplier of innovative solutions for the carwash business worldwide, announced that Craig Campbell has accepted a position at WashTec's headquarters in Augsburg, Germany. Campbell, who is ...
Direct Fuels implements DTN's terminal automation system at new ethanol storage bulk terminal.(INDUSTRY ANNOUNCEMENTS)(Data Transmission Network Corp.)(Brief article)
Feb 01, 2008 ... DTN (Omaha, Neb.), a leading business-to-business provider of real-time market, news and weather information services, announced that Direct Fuels, an independent regional ...
Corporate Safe Specialists announces addition to sales team.(INDUSTRY ANNOUNCEMENTS)(appointment of Larry M. Ladd )(Brief article)
Feb 01, 2008 ... Corporate Safe Specialists (Posen, Ill.) has announced an addition to its sales organization. The company has hired Larry M. Ladd as national account manager. [ILLUSTRATION OMITTED] Ladd joins CSS with more than 17 years of experience in sales and marketing. Most ...
Circle K West Coast launches Talon[R] Energy Infused hot drink.(INDUSTRY ANNOUNCEMENTS)(Brief article)
Feb 01, 2008 ... Circle K, West Coast Business Unit (Corona, Calif.) launched a private label line of canned energy drinks under the propriety brands of Talon[R] Energy and Vixen[R] Energy. Going one step further, Circle K West Coast teamed up with The Nec'tar Cappuccino Group and has evolved its Talon[R] ...
BP to sell 48 Atlanta-area ampm franchises.(CHANGING HANDS)(British Petroleum Company PLC)(Brief article)
Feb 01, 2008 ... BP's U.S. convenience retail unit announced that 48 Atlanta-area retail sites are for sale. Of the 48 sites, 41 are available for franchise, three are available as de-branded gasoline sites, four are available as BP dealer sites (with fuel agreements only) and seven with multiple offerings ...
Matrix announces the successful sale of Rennie Petroleum Corp.(CHANGING HANDS)(Brief article)
Feb 01, 2008 ... Matrix Capital Markets Group, Inc. (Richmond, Va.) announced the successful closing on substantially all of the assets of Rennie Petroleum Corp., a Virginia-based operator of convenience stores and gas stations and a motor fuels distributor. In the summer of 2007, Matrix was ...
BP offering 56 retail sites; available immediately.(CHANGING HANDS)(British Petroleum Company PLC)(Brief article)
Feb 01, 2008 ... BP is offering 56 retail sites across the U.S. for commercial use. Of these sites, 50 are currently closed and six are operating. Some of the sites within this package were previously announced in November as company-owned, company-operated locations, which BP will be selling over the next ...
Diamond Oil continues expansion with Florida acquisitions.(CHANGING HANDS)(Brief article)
Feb 01, 2008 ... Diamond Oil LLC (Ocala, Fla.) has announced the purchase of 8 Kwik King convenience stores in Ocala, Fla. Diamond has also agreed to supply fuel to an additional 11 Kwik King ...
Matrix Capital Markets Group announces the successful sale of C.R. Quesenberry, Inc.(CHANGING HANDS)(Brief article)
Feb 01, 2008 ... Matrix Capital Markets Group, Inc. (Richmond, Va.) recently announced the successful closing on substantially all of the assets of C.R. Quesenberry, Inc., a leading petroleum marketing and convenience store company. C.R. Quesenberry is headquartered in Abingdon, Va. and has stores ...
Calendar of events.(Calendar)
Feb 01, 2008 ... FEBRUARY 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: ...
Stimulus package opportunity to increase heating aid.(WASHINGTON PERSPECTIVE)(Brief article)
Feb 01, 2008 ... When President Bush and Congress hammer out a deal on an economic stimulus package next week, many heating oil dealers and their customers are hoping their elected officials in Washington will include additional funding for low-income heating assistance programs. "The Democratic ...
Autec now offering auTEC SHIELD[TM].(NEW PRODUCTS & SERVICES)(Brief article)
Feb 01, 2008 ... AUTEC is now offering its ultimate vehicle surface protectant, auTEC SHIELD[TM]. 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 ...
DoubleTrac[TM] from OmegaFlex.(NEW PRODUCTS & SERVICES)(Brief article)
Feb 01, 2008 ... Introducing DoubleTrac[TM], the new UL 971 designed, environmentally friendly double-wall patented flexiblepiping system from OmegaFlex[R]. The new DoubleTrac[TM flexible piping system offers a UL 971 designed zero permeation double wall product; ensuring the easiest of installations ....
Complete flowering garden kits for Mother's Day.(NEW PRODUCTS & SERVICES)(Merit Industries)(Brief article)
Feb 01, 2008 ... Increase Mother's Day impulse sales with these unique indoor/outdoor garden kit gifts. Just add water and place in a sunny window, and then watch these gardens bloom right before your eyes. Everything is included, such as recyclable garden pot, growing medium, EZ Grow seeds and ...
Fig. 9095S Overfill Prevention Valve receives ULC Listing.(NEW PRODUCTS & SERVICES)(Morrison Brothers Co.)(Brief article)
Feb 01, 2008 ... Morrison Bros. Co. is pleased to announce the ULC certification of their 2" Overfill Prevention Valve. The ULC Listing is ULC ORD-C58-1992. The Overfill Prevention Valve is designed for use on low profile tanks that require a high level shut-off. A field adjustable float allows the user ...
NCR enters entertainment market with launch of multichannel digital media solution.(NEW PRODUCTS & SERVICES)(Brief article)
Feb 01, 2008 ... NCR Corporation has extended its self-service portfolio into the digital media market with NCR Xpress Entertainment, a next-generation multichannel entertainment kiosk solution. The solution includes a high-capacity kiosk that enables rentals, sales of shrink-wrapped media or a ...
Tax victory and upcoming events: SCHIP extended without raising tobacco taxes.(NATONEWS)(State Children's Health Insurance Program)
Feb 01, 2008; ... JUST BEFORE CONGRESS RECESSED FOR THE Christmas holiday, congressional Republicans and Democrats negotiated an agreement to extend the State Children's Health Insurance Program (SCHIP) for fifteen months to March 31,2009 without raising the federal excise tax on cigarettes and other ...
Active vs. passive leadership: which category do your store managers fall into?(THEPERSONNELTOUCH)(Personal account)
Feb 01, 2008; ... I SPENT THE NEW YEAR'S HOLIDAY IN CHARLESTON, S.C. If you've never been to Charleston, give yourself a treat and try to get there. The history, the charm and the restaurants are unmatched. One afternoon we were looking for a place to have lunch when we came upon Hyman's Seafood, located on ...
Gulf Oil: spanning the Gulf.(BRAND UPDATE)(Company overview)
Feb 01, 2008; ... GULF OIL REMAINS ONE OF THE INDUSTRY'S HISTORIC brands, and it is currently a brand that is undergoing an invigorating repositioning. [ILLUSTRATION OMITTED] Gulf can trace its roots back to 1901 and claims (with some debate) the first drive-in service station as one ...
Signs of the times: the benefits of LED technology and automatic scroll signage.(RETAIL OPERATIONS)(Company overview)
Feb 01, 2008; ... A GENERATION AGO, THERE WERE NO high-tech LED price signs. Sure there were towering price signs advertising the daily petroleum prices, but the ongoing manual labor involved with updating the signage detracted from employee safety and a company's bottom line. Today, more and more companies ...
Product analysis: tank gauges; The latest in ATG technology.(RETAIL OPERATIONS)(automatic tank gauge)
Feb 01, 2008; ... SINCE THE ENVIRONMENTAL MOVEMENT emerged in the 1970s, federal and state authorities have continually tweaked and tightened their regulations. And as new rules and requirements are tacked on each year, compliance reporting with decade-old tank gauge technology becomes increasingly ...
State of the industry: a look back at 2007 and a look forward to 2008, Part 2.(Exxon Mobil Corp. has appointed Doug Haugh as executive vice president, Ted Burke as president, Tim Crowe as vice president)
Feb 01, 2008 ... The second part of the NPN annual State of the Industry review covers the final topics raised during the panel discussion held on Oct. 13, 2007 at the Society of Independent Gasoline Marketers of America Annual Convention in Boston. The session, moderated by NPN Magazine Publisher Gary ...
Charging on: the latest efforts and advances in the petroleum industry's battle to lower credit card fees.(RETAIL OPERATIONS)
Feb 01, 2008; ... THE CREDIT CARD INDUSTRY CONTINUES TO ANSWER to an increasingly boisterous opposition to what is considered high debit and credit card processing fees known as interchange fees. A number of retailers, associations and organizations are continuing to fight for fairer practices by the credit ...
Biofuel profit opportunities: managing the fuel buying process.(RETAIL OPERATIONS)
Feb 01, 2008; ... REGIONAL MARKET REALITIES AND government incentives bring different challenges and opportunities for marketers looking to maximize their opportunities in biofuels. Adding additional commodities, such as biofuels and/or feedstocks, increase the complexity of best-sourcing and blending ...