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Citing low market share, oil co.'s Pacific Northwest pullback becomes official in January

IRVING, Texas -- Exxon Mobil Corp. has put its 11 branded independent marketer affiliates in western Washington and Oregon on notice that come early next year, the Exxon brand will disappear from these markets, giving marketers what the company believes is ample time to chart a rebranding strategy...

Analysts dissect possible deal as company explores purchase of refinery, up to 450 stations

BRENTWOOD, Tenn. -- Analysts are beginning to weigh in on Delek US Holdings Inc.'s potential $1 billion acquisition of certain unnamed U.S. petroleum refining, retail and wholesale marketing assets, which it announced in a Securities & Exchange Commission (SEC) filing on Friday. As reported in...

Visa's interchange-fee adjustments have retailers suspicious

OAK BROOK, Ill. -- "Hallelujah" was one retailer's initial reaction to last week's announcement from Visa Inc. that it would make changes to reduce interchange fees for transactions at the pump. But that ecstatic optimism turned to aggravation upon further analysis. "My first reaction was '...

Gov. report pegs number of gas stations with payrolls nationwide at 116,855 for 2006
After hedge fund-induced dip, Pantry shares jump on better gas margins
Acquires 15 Shell Food Marts from distributor Thomas Investments
Chain converting selected stores to prepay, rolling out card to facilitate new procedure
Irving Oil acquires, rebrands eight Rice Oil sites to be operated by Couche-Tard
Even with acquisition activity on hold, Southeast chain still intent on consolidation
Following worst Midwest flooding since 1993, woes range from storage tanks to car washes