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#398954 Tue Mar 05 2013 01:35 PM
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rande77 Offline OP
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Hess reported that it is selling all 1300+ stations and is closing up shop.
Read it here:

http://barnegat-manahawkin.patch.com/art...tion-businesses

rande77 #398967 Tue Mar 05 2013 02:52 PM
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Yup. Heard it on the way home on the radio. Key sentance in that article:

"leaving the gasoline refining business because of weak demand and the cost of complying with E.P.A. regulations."

As for the retail units, The money is in oil production not in retail gas.

I hope whomever decides to buy it keeps the stations as nice as they are now. The ones around here are always clean and run very well it seems to me anyway.

No more Hess Trucks either probably......


Always looking for Ithaca Gun and Lucky Sam soda items!!!


59fairlane #398973 Tue Mar 05 2013 03:13 PM
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Richmond Virginia has three Hess Locations . I'll actually miss them even though I was never a big customer of theirs . I always liked their Bright , well lit and futuristic stations I saw back in the middle 1960's when they came south. Ed Shaver


see ya on the road folks !
eshaver #399002 Tue Mar 05 2013 05:18 PM
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Maybe all those toy trucks might just be worth what you paid for them someday


see me at Mason Dixon Gas, Spring Carlisle M114-115, and Hershey C4E-35.
THERMOMAN #399005 Tue Mar 05 2013 05:26 PM
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When I heard the news I was thinking I have lived to see the day Hess trucks will be worth someting


Please visit my website Gasstuff.com
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I've never been that lucky......I've got too many of those trucks for such a good thing to happen :O)

Last edited by lordparaffin; Wed Mar 06 2013 02:29 PM. Reason: grammer

........Dave
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Looking for old, rare, auto light bulb tins
lordparaffin #399223 Wed Mar 06 2013 02:38 PM
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Yes EPA regulations, Just like the coal plants that are closing because of more clean air requirements. I am all for clean air but you can only clean up coal so much you still have to burn it to produce power.


Remember you are only as good as your help
If you don't make any noise no one will hear you!
coheley5 #399298 Wed Mar 06 2013 07:03 PM
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Hess is very big in north Dakota with exploration and production, they just built, a yr ago, a 100 million dollar rail system to rail oil out of ND to their markets. This rail is moving 60k bbls of crude oil per day. I will guarantee that they aren't closing that down but surely it is for sale. Very interesting business stategy.

avio #399303 Wed Mar 06 2013 07:16 PM
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Avio, I doubt seriously if Amerada Hess is closing any wholesale , producing operations or any of those sorts of things . They seem to be taking the path of Champlin oils from years ago. They announced within several of the magazines that they were no longer in the Retail gasoline business . So went another gasoline retailer ............. Ed Shaver


see ya on the road folks !

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