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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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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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Protected: SOLD! 9190 E Stockton Blvd

Posted by on Feb 3, 2012 in Blog | Comments Off on Protected: SOLD! 9190 E Stockton Blvd Another Petroleum Realty Group property has sold!  Timothy Haves  closed this deal in Elk Grove, California at the end of January. The Shell station, located in Sacramento County, sold for $1,175,000. Call the Gas Man team today to buy or sell your gas station: (949) 608-2027. Like GasManUSA on Facebook! Click here to view gas stations available for sale in Northern...
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Convenience Store Count Sets Record

Posted by on Feb 1, 2012 in Blog | Comments Off on Convenience Store Count Sets Record 148,126 stores represents 1.2% increase over 2010 ALEXANDRIA, Va. — The U.S. convenience store count increased to a record 148,126 stores as of December 31, 2011, a 1.2% increase (1,785 stores) from the year prior, according to the latest NACS/Nielsen Convenience Industry Store Count. The convenience retailing industry has seen remarkable growth over the last three decades, said NACS. At...
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