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Petroleum Realty Group welcomes new team member

It is with great enthusiasm that we welcome Tony Tair to Petroleum Realty Group. Tony joins us from within the Real Estate brokerage world. He spent the last 30 years buying and selling Gas Stations and Carwashes for clients across California and brings a wealth of experience and expertise in the industry to our group. Tony joins the company as a Senior Associate based in Anaheim. He will be...
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How will Green politics effect my Gas Station

  Earlier last month the Energy Information Agency reported that the US will now return to importing more crude and petroleum than it will export. This was huge news, as the agency had just reported the US did not import any Saudi Arabia crude  for the first time in 35 years ……As America became less reliant on OPEC the prices at the pumps decreased in 2020 but margins remained...
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Gas Retailers Feel Pain at the Pump From Credit Card Fees

WASHINGTON, D.C. — While it is easy to believe that gas retailers are making a profit every time the price at the pump ticks up a few cents, the reality is operators lose money, according to the Merchants Payments Coalition (MPC). The Oil Price Information Service recently reported gas stations took in 13 cents a gallon in gross profit — before taxes, payroll and other overhead...
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Beating Back the ‘Big Box’

Marketers push back Kroger’s attempt to amend California below-cost law SACRAMENTO, Calif. — Marketers and their allies have defeated an attempt by grocery giant Kroger to amend California’s longstanding below-cost sales law–at least for now. Kroger was the main supporter of a bill introduced by Assemblyman Robert Wieckowski (D) that would have changed the law to make it...
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Reasons Why Gasoline Prices are so High

By. Richard Heinberg Source: Post Carbon Here in northern California gasoline is now retailing for $4.20 a gallon. Prices haven’t been this high since mid-2008. Forecasts for $5 per gallon gas in the US this summer are now commonplace. What’s driving prices up? Most analysts focus mostly on two factors: worries about Iran and increased demand from a perceived global economic recovery....
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