26 Jan '17, 1pm

Gas Station Owners Think Biofuel Will be Big in 2017

Today’s cars run on more fuel types than ever before; some of the latest options are E85, E15, electricity, and in California, even hydrogen. Yet, to date, convenience retailers have been slow to add these new fuels to the mix, partly because expanding fuel offerings can be costly. The process often requires repurposing existing pumps or adding new pumps and canopies. Beyond the upfront capital investment, the construction period associated with these changes can drive even loyal customers to visit nearby competitors, causing sales disruption and potentially long-term customer loss. Some convenience stores, however, have accepted that risk, implementing a wider variety of fuel offerings at select locations. Sheetz has added E15 and E85 to some Virginia locations, and it is in talks with Tesla to add chargers for electric vehicles (EVs) in the near future. Other chains, inc...

Full article: http://gas2.org/2017/01/26/your-gas-station-owner-thinks-...

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