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Us looking to use its natural gas reserves The price of natural gas in the US has slumped below US $ 2.00, reaching its lowest level in more than a decade. It has quickly turned into a favourite among consumers, companies and futures’ traders. The problem now is what to do with it? The country’s supply of natural gas is growing faster than demand with analysts worrying the country’s underground storage facilities could reach capacity by this autumn. “The main problem the US is facing now is where to store all that gas, which is a lot less safe to store than oil, for example”, says Vladimir Rozhankovsky, Head of Research at Nord Capital in Moscow. U.S. possesses a 4.1 trillion cubic feet storage system. ALAN Brands remove the FINA name Seeking to signal a change physically, but to also dispel any sense of instability, ALON Brands Inc. officially unveiled its new fuel brand, ALON. At the same time, it is retiring the FINA name in favour of its corporate parent’s identity. ALON Brands began removing the FINA name at its branded locations in eight states last month. In its place, the ALON brand has emerged, retaining the red-white-and-blue graphic imagery, but now more closely tied to its supply roots with its parent, Alon Israel Oil Co. Ltd. Quantum receives over Us $ 700 000 in orders Quantum Fuel Systems Technologies Worldwide, Inc., a global leader in natural gas, hydrogen and hybrid electric vehicle technologies, announced it has received additional purchase orders exceeding US $700 000 for its ultra light-weight composite high pressure compressed natural gas (CNG) storage tanks for applications in heavy duty and light duty fleet vehicles. Alan Niedzwiecki, President and CEO of Quantum, stated, “The low natural gas prices, combined with the availability of new EPA-compliant natural gas trucks from major OEMs is prompting many corporations to re-evaluate their fleet strategies to include clean natural gas trucks. Natural gas vehicles are an ideal solution to meet corporate ‘greening’ and sustainability goals, while also benefiting from tremendous savings in fuel costs.” USA NEws Coles stops transmission of pump prices Retail giant Coles is refusing to release its daily petrol prices to the RAA fuel-finder website. The company that supplies the data to RAA said ColesExpress had made a “strategic decision” not to release the information. RAA senior analyst Chris West said the group was disappointed. “Transparency in fuel pricing is what motorists 22 LATesT News, LATesT eveNTs, UsA News jOBs – ONLINe www.PeTrOLPLAzA.COM – www.PeTrOLPLAzA.COM need to identify where they can access the cheapest price”, he said. “They (ColesExpress) are major competitors and it would have made sense for them to continue to provide their prices as a point of comparison and try and attract potential customers, but they have chosen to do that and that is their prerogative.” Gulf Oil expands partnership in Texas Less than a year since announcing its return to its Texas roots, Gulf Oil said that it is continuing its expansion in the Lone Star state through a partnership with Petroleum Wholesale LP. The agreement calls for an immediate re-branding of 50 service stations in the Houston area. Gulf’s new partnership with Petroleum Wholesale, a 41 year old, privately held, full service distributor offering branded and wholesale motor fuels to retail convenience stores and travel centres in ten states in the south western United States, also calls for adding 15 new Gulf locations each year for the next 10 years. Outcast and Gilbarco display film ratings Outcast, which provides television at the pump announced it will display film ratings from Flixster – a popular mobile movie application used by more than 29 million people every month. The information will be seen on over 13 000 screens nationwide, including top-ofthe-line dispensers from their partner, Gilbarco Veeder-Root. Nathan Gill, Chief Revenue Officer from Outcast said: “With Flixster at the pump, we can keep our active audience informed about the most talked about movies of the week.” “Gilbarco is pleased to offer our customers using Applause TV with Outcast yet another outstanding content offering”, said Chris Whitley, Vice President Marketing at Gilbarco. “Outcast Media continues to bring retailers the best content to build loyalty with fuelling customers.” ePA approves e15 and 10 000 blender pumps The U.S. Environmental Protection Agency approved the first applications for registration of ethanol for use in making gasoline that contains up to 15 percent ethanol known as E15. To enable widespread use of E15, the Obama Administration has set a goal to help fuelling station owners install 10 000 blender pumps over the next 5 years. In addition, both through the Recovery Act and the 2008 Farm Bill, the U.S. Department of Energy and U.S. Department of Agriculture have provided grants, loans and loan guarantees to spur American ingenuity on the next generation of bio-fuels. ArCO installs inOvationTv at 138 sites ARCO has signed to have inOvationTV installed at 138 of its stations immediately through a partnership with Gas Station TV (GSTV), a national away-from-home television network at the pump and Wayne, a GE Energy Business and global innovator of fuel dispensers and technologies. The new stations will add more than three million monthly impressions to the GSTV Network. As part of this relationship, ARCO is also making inOvationTV available at no charge to any of its 1 400 retailers that qualify. inOvationTV is available as a retrofit to existing Wayne Ovation fuel dispensers, or can be included at no charge with new Ovation dispenser purchases.
www.alucobond.com www.bennettpump.com www.bennett-sauser.ch www.beverinnovations.com www.brugg.de www.plxpipe.com www.eandsgroup.co.uk www.emergy.net www.eurotank.eu.com www.fafnir.com www.franklinfueling.com www.gilbarco.eu www.hectronic.com www.iisltd.com www.integration.co.nz www.istobal.com www.kpsystem.com www.kubald.com www.leightonobrien.com www.mepsan.com.tr www.nupigeco.com www.ono-oil.com www.opw-fce.com www.christ-ag.com latest news, events, jobs online – www.PetrolPlaza.com weBsITes ANd LOGOs – sUPPOrTING erPeCNews www.planova.com www.psdcodax.com www.ruudlighting.net & www.ruudled.net www.scheidt-bachmann.com www.secu-tech.at www.sloanled.com www.tanknology.com www.tokheim.com www.turpak.com.tr www.washtec.de www.dresserwayne.com If you have not yet sent us your logo and website address, please do so for the next issue by mailing editor@erpecnews.com 23
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