December 22, 2015 | Vol. 65, No. 24

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Dear PEI Member:

UID EARLY-BIRD REGISTRATION CLOSES JANUARY 6
January 6 is the early-bird registration deadline for the 2016 University of Innovative Distribution, March 6-9, at the JW Marriott in Indianapolis. PEI is a proud sponsor of this concentrated educational conference designed specifically for wholesale distribution industry professionals. Select from more than 40 separate classes to plan a program that is perfectly suited to your needs. CEOs, branch managers, sales and marketing professionals, operations managers, purchasing and inventory personnel, and manufacturers can all benefit from attending.

UID Registration

End Of Year Notes

In addition to early-bird savings, PEI is offering $600 scholarships to the first 30 PEI members who register. PEI will also host a special “PEI Members Only” dinner during the conference, providing extra time to network with your petroleum equipment industry colleagues. To learn more about the scholarships, view the full menu of courses and register online, click here.

END-OF-THE-YEAR NOTES
Wayne Fueling Systems, Austin, Texas, has acquired Simmons Sirvey and Vianet Fuel Solutions in separate transactions. Simmons and Vianet provide fuel management services, among other things.
“PEMEX is now targeting El Paso as the next city to expand its retail oil presence next year. Apart from El Paso, PEMEX will also open retail gasoline stations in two other cities along the U.S.-Mexico border in 2016.”—Oil Express, December 16, 2015.
Dick Basham, general manager of IRPCO, Charleston, West Virginia, has retired after 28 years with the company and 40 years in the hose industry. Doug Duff will take over as general manager.
“Though a majority of convenience-store retailers reported a record year and foresee prosperity in 2016, not all respondents to the annual CSP Outlook Survey gave 2015 such rave reviews. When asked to describe current business conditions, several retailers—mostly in the 1-to-20 store range, described conditions as flat, with many blaming increased competition and a sluggish economy on their inability to capture the profit increases others have.”—CSPnet.com, December 17, 2015.
“A trend to note: More city and state governments are using electric vehicles . . .Even cop cars. The move not only reduces emissions but also cuts costs. Atlanta figures each of its 50 electric vehicles will save up to 600 gallons of gas a year and will lower maintenance costs by about 40%. Also replacing older gas-guzzlers with all electric cars or plug-in hybrids: Houston, Indianapolis and New York City. Plus half of the light-duty vehicles purchased by 2017 in Los Angeles will be electric. Meanwhile, 37 states offer tax credits or other incentives to buy electric cars, ranging from $1,000 in Maryland to $6,000 in Colorado. Some cities offer incentives, too. All of that on top of a federal tax credit of up to $7,500. That credit will expire down the road as manufacturers reach a sales threshold for plug-in vehicles.”—The Kiplinger Letter, December 11, 2015.

Happy holidays and a prosperous new year.

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The TulsaLetter (ISSN 0193-9467) is published two or three times each month by the Petroleum Equipment Institute. Robert N. Renkes, Executive Vice President, Editor. Opinions expressed are the opinions of the Editor. Basic circulation confined to PEI members.