TEXOR DIVISION, WORLD FUEL SERVICES
FUELING PERFORMANCE QUARTERLY
NEWSLETTER
2ND QUARTER 2009
ALL DEALERS
As you probably know, new standards from the Payment Card Industry are being implemented on July 1, 2010. While we do not yet know all of the deadlines which will be required by the oil companies, we felt it important to let you know as soon as possible about this important change in the way credit cards are processed and how it will affect you.
Following is the information that we have as of this date.
- Gilbarco G-Site consoles can not be upgraded to meet the new standards and will have to be replaced with a newer console.
- Citgo sites utilizing Verifone Ruby consoles will need to be upgraded to version 5.09 before 12/31/09. This will bring the Ruby into compliance but is also the last upgrade which will be issued for the Ruby and will require that the Ruby be upgraded to a Sapphire for further updates.
- Citgo sites using the G-Site will have to replace their console before 12/31/09.
- All sites wishing to accept Debit cards at the pump will be required to upgrade their pin pads to the Triple DES encryption standard.
- All sites wishing to accept Debit cards in the store will be required to upgrade their pin pads to the Triple DES encryption standard.
- Mobil has chosen 7/1/10 as the upgrade deadline for their sites.
- Mobil sites using G-Site or Ruby will have to replace their console before 7/1/10.
- Shell has chosen 7/1/10 as the upgrade deadline for their sites.
- Shell sites using G-Site or Ruby will have to replace their console before 7/1/10.
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- Clark sites using the latest Ruby software are compliant; however pinpads may need to be upgraded if debit is used.
- Clark sites using the G-Site will have to replace their console before 7/1/10.
While each site is different the following pricing guidelines can be used for budgeting purposes only.
Dual Ruby/Sapphire (Complete System) $25,000
Single Ruby/Sapphire (Complete System) $20,000
Sapphire (Upgrade from Ruby) $8,500
Dual Terminal Ruby (temporary solution only) $17,500
Single Terminal Ruby (temporary solution only) $13,000
Dual Terminal Passport $25,000
Single Terminal Passport $16,000
Pin Pad upgrade per dispenser $1,750
Please note that converting to a Ruby or Ruby/Sapphire Configuration may require additional wiring to the dispenser which can significantly increase cost.
We are pleased to announce that Texor
and Patriot Capital Corporation have partnered to provide an equipment
financing program so Texor dealers can easily acquire equipment and meet
upcoming compliance requirements.
Take advantage of special pricing and this-year-only tax deductions now before
PCI End-Of-Life occurs in July 2010. For information on the benefits of using
this program, contact Patriot by email
or call 877.527.0383 and ask about the Texor and Patriot Capital Pain-Free
Compliance package. Patriot Capital can finance virtually all retail petroleum
equipment.
CITGO PETROLEUM COMPANY
PCI
COMPLIANCE
CITGO POS
Preferred Pricing Program
As part of Payment Card Industry (PCI) Data Security Standard (DSS), all POS
equipment at retail locations in all industries across the country must be PCI
compliant by July 2010. This is a huge undertaking—in terms of time and
money—and CITGO is ready and able to help you navigate through this process in
the most efficient and effective way possible.
From our POS Preferred Pricing Program to our special rebate incentive, we’ve
developed a host of ways to help you meet the compliancy deadline ahead of
schedule AND save you money! Take some time to learn more about our
PCI-compliance programs and incentives as well as helpful tips on how to save
even more! Ask your Texor representative for more details.
MARATHON PETROLEUM COMPANY
On June 11, Mary Ellen Peters wrote to alert you to a
critical piece of legislation under consideration in the House, which was of
great concern to all of us. After lengthy debate and significant pressure by
both the Leadership of the House of Representatives and the White House, HR
2454 – “The American Clean Energy and Security Act of2009” – which is also
referred to as the Waxman/Markey Global Warming/Climate Change Cap-and-Trade
Bill passed the House on June 26th by a narrow vote of 219 to 212.
While this was not the desired outcome, our employees,
customers, suppliers, retirees, friends, and family members made a difference
with an impressive number of contacts to several Congressional Representatives. Much of the good work we did together in the
House will, no doubt, prove valuable as we switch our focus to the Senate, and
convey our grave concerns about the impact this legislation will have on our
industry, economy and all Americans.
Currently, members
of the Senate are home for the Congressional August recess. Now is the best
time to voice your concerns over the Waxman/Markey cap-and-trade type of
legislation that will be considered in the Senate when they return to
Washington, DC in September. Our goal is to take advantage of this window of
opportunity to prevent this legislation from being rushed through the Senate to
meet arbitrary deadlines as it was in the House.
We have developed point of sale materials in an effort to
engage more Americans in this ongoing debate. These materials will be delivered
to all Marathon retail locations within the next two weeks. Marathon is also
proud to launch a new on-line tool (prominently featured on the point of sale
materials) to make engagement with lawmakers easier and even more effective. www.OurEnergyVoice.com will
provide Marathon employees, customers, friends, family members and the general
public with ready access to up-to-date information and opportunities for
engagement on issues critical to America’s energy security.
I urge you to get the facts on cap and trade by visiting
OurEnergyVoice.com and, though elective, please help us educate others by
encouraging your Dealers / Store Managers to display the point of sale
materials which will arrive at their location soon. I have enclosed a sample
letter which you can use to begin the education and engagement process with
your Dealers / Store Managers. Also, please feel free to engage your employees,
friends, and family members on this critical issue and direct them to
OurEnergyVoice.com.
An email, a phone
call to the local offices of your two Senators, attendance at town hall
meetings, or participation in any other local events during this critical time
can make a difference. I encourage you to regularly utilize the resources
available at OurEnergyVoice.com, starting today by taking a minute to send a
letter to your Senators expressing your opinion of the proposed cap-and-trade
legislation.
Speaking up as a private citizen can have a profound effect
on the ultimate outcome of this key public policy decision - Let’s make our
voices heard on these critical issues.
SHELL OIL COMPANY
We are pleased to announce that 2009 Shell $aver Card(SM) results have continued to exceed expectations. With your outstanding promotional efforts and demand from consumers for a non-credit product, we have exceeded $10 million in sales. Given the very enthusiastic response to the program launch, we plan to continue that momentum.
Beginning September 28, 2009 we are bringing back the 5 cents per gallon offer through December 31, 2009 for all new and existing accounts. Remember, this applies to both gasoline and diesel sales.
To help promote these great consumer savings, we will have the following:
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EXXON MOBIL
When
we wrote about biofuels in the past we included the importance of using
non-food-grade feed stocks. Versatile algae can be fed sewage and carbon
dioxide and grown in many places, including deserts, ponds, and oceans. Within
the next year or two we expect the number of companies involved in producing
biofuels from algae, already over 50, to double.
For
years, ExxonMobil was publically skeptical about biofuels; last month, the
company invested about $600 million into a collaborative research and
development program with Synthetic Genomics. According to a research associate
with Lux Research, private investment in algae fuel ventures has at least
doubled every year since 2006. This trend is likely to continue.
Among
other approaches, Synthetic Genomics is considering the use of adjusted
metabolic pathways in algae to boost the plant's oil production.
(Metabolic
pathways are processes involving genes and proteins that facilitate the
transformation of algae to biofuels.)
Only
after years of careful research did ExxonMobil conclude that algae have the
most potential in terms of their ability to scale up production.
Second,
algae biofuel production can fit into the vast infrastructure of existing
refineries and filling stations. Finally, algae can produce far more fuel per
acre than palm, sugar cane, or corn. Recently, other large oil companies,
including Chevron and Royal Dutch Shell have recently invested into algae
ventures as well.
Naturally,
the airline industry, plagued by high jet-fuel prices, is also investing and
testing, with participants including Boeing, GE Aviation, Virgin Atlantic,
Japan Airlines, and Continental Airlines, among others.
Economic
competitiveness remains the key challenge; the search is on to find the best
strains of algae for producing oil. Another startup Solazyme, located near San
Francisco, whose investors include Chevron, is growing algae in large dark
tanks and fed by sugar. Another company in Israel called Seambiotic is growing
marine microalgae using the carbon dioxide from a coal-burning power plant's
smokestack to feed its algae. There is even a company in China developing algae
as effective biofuel.
The
use of algae as biofuel has tremendous potential. Expect more large companies
to jump on this bandwagon.
