NEWS FROM THE US
NEWS FROM THE UNITED STATES
BY KRISTEN WRIGHT
MANAGING EDITOR, PEI
Two convenience stores make the list of 100
best workplaces for women. A U.S. appeals
court decides a “hot fuel” settlement stands.
The PEI Foundation raises money for hurricane
relief grants. And the hurricanes are to
blame for up to 900,000 destroyed vehicles.
These are petroleum industry headlines
from the United States.
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Fortune magazine named two convenience
stores among its 2017 ranking of 100 Best
Workplaces for Women.
QuikTrip Corp. came in at No. 54, and
Sheetz Inc. nabbed the No. 79 spot. Quik-
Trip, based in Tulsa, Oklahoma, is a private
company that’s been in business since
1958. Today QuikTrip has 779 convenience
stores and 20,460 employees.
Sheetz Inc., based in Altoona, Pennsylvania,
is a private company that was founded
in 1952. Sheetz Inc. has 569 sites and
15,765 employees in the U.S.
Fortune worked with Great Place to Work,
which interviewed more than 400,000 U.S.
employees from Great Place to Work-Certified
companies, to rank companies based
on four factors: key great place to work metrics;
comparison to colleagues; a consistent
experience within a diverse group; and employee
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The 10th U.S. Circuit Court of Appeals on
Aug. 23 affirmed a 2015 federal district
court’s approval of $24.5 million in settlements
in multi-state litigation alleging that oil
companies and gas stations overcharged
for fuel on hot days.
Defendants include BP, Costco, Chevron
Corp., Citgo, ConocoPhillips, ExxonMobil,
Shell, Sinclair, Sunoco and Valero.
According to the plaintiffs, the defendants
Flood waters in Spring, Texas, a couple of miles north of Houston,
nearly submerge a residential neighborhood speed limit sign after
Hurricane Harvey made landfall on Aug. 26.
© MDay Photography │Shutterstock
overcharged consumers during the summer
by selling fuel that provided less energy
than fuel dispensed in cooler temperatures
as a result of heat-induced expansion.
Under the settlements, most of the money
will go toward the defendants’ converting to
automatic temperature compensating (ATC)
dispensers in certain locations.
The court’s opinion could accelerate adoption
of ATC dispensing equipment by other
marketers. A voluntary settlement, however,
does not mean states must require ATC dispensers.
According to the court, “The settlements
don’t actually change the law,” and
“Policy decisions about whether to allow or
require ATC remain with the state.”
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Individuals employed by PEI member companies
in the Manufacturer, Distributor, Service
& Construction and Affiliate divisions
may apply for hurricane relief grants.
The PEI Foundation board of governors
voted unanimously on Sept. 7 to accept donations
until Oct. 19 for PEI member company
employees who sustained $1,000 or
more in personal losses from hurricanes
Harvey and Irma.
Harvey made landfall near Houston on
Aug. 26 as a Category 4 hurricane. There it
stalled for several days and contributed to
flash flooding in several states. Hurricane
Irma made landfall in the Florida Keys on
Sept. 10 as a Category 4 hurricane. More
than 65 percent of Floridians lost power, and
some 6.5 million were advised to evacuate.
“Some of our PEI members lost everything
short of their families in hurricanes Harvey
and Irma,” said Craig Hoyer, president of PEI
and chairman of the PEI Foundation board
of governors. “PEI stands ready to help
them, and we’re asking all PEI members and
friends to help. Please consider donating to
PEI’s hurricane relief fund, where every dollar
goes to assist PEI member employees
affected by these disasters.”
Donations may be made at squareup.
Donations are tax-deductible in the U.S.
through the PEI Foundation, a 501(c)(3)
corporation. PEI will disperse the grants as
soon as possible after Oct. 19.
To receive aid, PEI member company employees
must complete and submit a onepage
PEI will announce the amount of money
raised for hurricane relief and the number
of people helped during the association’s
membership breakfast and annual meeting
at the 2017 PEI Convention in Chicago. The
breakfast begins at 8:30 Thursday, Oct. 19.
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Hurricanes Harvey and Irma could have
destroyed an estimated 900,000 vehicles
in the United States, according Cox Automotive,
the parent company of Kelley Blue
Book and Autotrader.
The company estimates that Irma is to
blame for between 200,000 and 400,000
destroyed vehicles in Florida and neighboring
states. Hurricane Harvey likely ruined
300,000 to 500,000 automobiles in Houston,
according to Cox Automotive. The estimates
do not include thousands of new vehicles
damaged on car lots.
Jonathan Smoke, chief economist at Cox
Automotive, penned an article on the subject
in “The Hill.” He said the number of vehicles
Harvey destroyed in Houston roughly mirrors
the number of new vehicles purchased
in Houston during the previous 12 months.
Kristen Wright is editor in chief of the PEI
Journal. Reach her at firstname.lastname@example.org. The
PEI is a trade association whose more than
1,600 members in 80-plus countries manufacture,
distribute and service petroleum
marketing and liquid handling equipment.
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