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E85’s Price Crunch

Posted by on Feb 14, 2012 in Blog | Comments Off on E85’s Price Crunch With VEETC expired, retailers try to make the numbers work OAK BROOK, Ill. — Consider it lucky timing. With the expiration of the Volumetric Ethanol Excise Tax Credit (VEETC) at the end of 2011, retailers selling ethanol blends faced an immediate price increase. For those selling E85, the impact was potentially more dramatic, considering that VEETC granted a 38.5-cent credit per gallon,...
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Is E85 on the Rocks?

Posted by on Feb 13, 2012 in Blog | Comments Off on Is E85 on the Rocks? Number of pumps may be halved by end of 2012 GREENVILLE, S.C. — On January 1, the petroleum-retailing industry awoke to a nation without a Volumetric Ethanol Excise Tax Credit (VEETC). The tax credit, which provided 45 cents to blenders and fuel marketers for each gallon of pure ethanol blended into gasoline, was arguably the greatest driving force behind the spread of E85 in recent...
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An Explanation of Sale-Leasebacks

Posted by on Feb 10, 2012 in Blog | Comments Off on An Explanation of Sale-Leasebacks By Robert E. Bainbridge Since 2006, a growing number of convenience retailers have adopted a strategy of leasing new stores rather than owning, according to industry figures. This trend peaked in 2008 with 72 percent of all new stores being leased, often through sale-leasebacks. An explanation of sale-leaseback transactions is provided below by industry experts John C. Flippen Jr. and John...
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SUNY New Paltz Adds Robotic C-Store

Posted by on Feb 9, 2012 in Blog | Comments Off on SUNY New Paltz Adds Robotic C-Store Partners with Shop24, Pepsi Cola of Hudson Valley NEW PALTZ, N.Y. — The State University of New York (SUNY) at New Paltz has partnered with Pepsi Cola of Hudson Valley and Shop24 Global LLC to provide students, faculty and other consumers a Shop24 “ultra-convenience store,” a self-contained, refrigerated and robotic c-store designed to enable 24/7/365 consumer purchasing. Shop24...
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Average U.S. gas prices hover at record-high levels

Posted by on Feb 8, 2012 in Blog | Comments Off on Average U.S. gas prices hover at record-high levels An improving economy boosts demand for oil, driving up pump prices and crimping consumers’ budgets. Last month turned out to be the most expensive January ever at U.S. gasoline pumps, boosted by growing economic strength. January is typically a month of falling gasoline prices because fuel demand falters in the slower travel weeks that follow the year-end holidays. Not so this year. In...
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