Blog Archives

Petroleum Realty Group sell iconic gas station in Brentwood

Posted by Timothy Haves on Oct 14, 2020 in Blog | Comments Off Despite these difficult times Petroleum Realty Group with Partners Westmac commercial brokerage recently sold 11699 San Vicente Los Angeles an iconic station in the heart of Brentwood close to the listing price of $8m. There is a huge demand for Gas Stations at the moment so if you are thinking of selling give us a call on 949-636-3961 an expert will be able to give you an idea of your...
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How will the Governors ban on gas car sales by 2035 effect my business

Posted by Timothy Haves on Oct 13, 2020 in Blog | Comments Off I am telling all my clients not to panic. It’s business as usual . Let us set aside that this is a politically motivated illegal executive order for a moment and consider that clearly California can not meet current power needs and will not be able to provide power en masse to millions of electric cars unless the grid is subsatmtailly upgraded. Just so we understand the full extent of the...
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SC Fuels Acquires DeWitt Petroleum

Posted by Timothy Haves on Apr 16, 2015 in Blog | Comments Off SC Fuels have agreed to purchase DeWitt Petroleum on undisclosed terms. The Deal will close April 30th 2015. Dewitt who recently celebrated their 70th Anniversary bring 12 locations to the SC customer base making them the largest Card Lock operator in the Western United states. In a statement released today by COO Steve Greinke , SC Fuels will strengthen their market presence with this...
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Petroleum Realty Group New Facebook page

Posted by Timothy Haves on Mar 26, 2015 in Blog | Comments Off The Petroleum Realty group has updated it its Facebook page. Would would be pleased if you would go and take a look and even happier if you liked us . Please check out our new page at https://www.facebook.com/petroleumrealtygroup
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Tesoro may not be allowed to buy Arco in California

Posted by Timothy Haves on Oct 10, 2012 in Blog | Comments Off LOS ANGELES — Consumer advocates are gearing up to fight the sale of the ARCO brand and its Carson refinery to Tesoro Corp, according to a report by The Los Angeles Times. The transaction is drawing fire now–with California’s average gasoline price at a record $4.671 a gallon Tuesday, according to AAA–because it would leave 51% of the state’s refining capacity in the...
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California Gas Prices hit an all time high

Posted by Timothy Haves on Oct 8, 2012 in Blog | Comments Off LOS ANGELES — Gasoline prices in California rose to another all-time high on Sunday after passing a four-year high a day earlier, according to AAA. The four-cent-per-gallon jump Sunday was even bigger than Saturday’s jump, which was just a fraction of a penny, reported the Associated Press. Valero Energy Corp. said Thursday it temporarily stopped selling gasoline in...
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