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Legislation aims to reduce interchange fees through transparency

WASHINGTON -- House Judiciary Committee Chairman John Conyers (D-Mich.) and Rep. Chris Cannon (R-Utah) have introduced the Credit Card Fair Fee Act, legislation that for the first time deals with the interchange fee, which grew to $36 billion in 2006. "We welcome this effort to stop the price-...

Transitions 84 Ore. sites to PacWest Energy/Jacksons Food Stores JV

HOUSTON -- Shell Oil Products US (SOPUS) said that it has transitioned ownership or supply of 84 branded sites in Oregon to PacWest Energy LLC, a joint venture formed between Shell and Shell-branded wholesaler Jacksons Food Stores Inc. The sites will continue to sell Shell-branded gasoline,...

With economy weakening, oil, fuel prices rising, habits changing, consumption falling

NEW YORK -- As crude-oil prices climb to historic highs, steep gasoline prices and the weak economy are beginning to curb Americans' gas-guzzling ways, reported The Wall Street Journal. In the past six weeks, the nation's gasoline consumption has fallen by an average 1.1% from year-earlier levels,...

Florida c-store developer mulls proprietary vs. franchise in expanding retail presence
Court compromise completes sale of stores to Road Ranger, Village Pantry, others
CSP Daily News' ongoing digest ofindustryactivity nationwide.
Second Wawa store closes in Philadelphia's Center City area.
Association gasoline brand adds turnkey backoffice services
Reimage of house label figures prominently in year-end earnings report
Femsa's c-store chain will expand beyond Mexico, executive says.

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