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U.S. Oil partners with Core-Mark to bring new GAIN Clean Fuel Station to Arkansas

15-Dec-2014

Forrest City, Ark. – U.S. Oil, the petroleum and renewable energy distribution division of U.S. Venture, Inc. announced today that it has completed its second of five CNG stations that will be built in partnership with Core-Mark, one of the nation’s largest distributors and marketers of consumer goods in North America. The easy access, fast-fill GAIN Clean Fuel station located at 3400 Commerce Drive in Forrest City, Arkansas, will be open to all CNG fleets and the public.

Forrest City Mayor Larry Bryant is one of many local and state officials who have shown their support for the new CNG station. “We’re thrilled to be celebrating the grand opening of this GAIN station,” said Mayor Bryant. “Congratulations to Core-Mark for continuing to use this domestically produced and cleaner burning alternative fuel. Projects like this have a positive economic impact for the area. It’s good for business and it’s also good for Forrest City.”

Core-Mark’s commitment to a CNG program began with an initial conversion of its fleet. Today, there are over 140 of their CNG tractors on the road and another 60 are expected by the middle of next year. In addition to the Arkansas location, three more GAIN Clean Fuel stations are expected to open near other Core-Mark Divisions by the second quarter of 2015: Sanford, North Carolina; Smyrna, Georgia; and Tampa, Florida.

"We are encouraged by the progress we continue to make with our partner U.S. Oil," said Thomas B. Perkins, President and CEO of Core-Mark Holding Company, Inc. "Purchasing more environmentally friendly and less expensive fuel is an important component of our operational strategy."

It’s projected that this newest GAIN station will replace the equivalent of 400,000 gallons of diesel fuel in the next year and more than 1.5 million gallons in the next five years. That equates to a greenhouse gas emissions reduction of more than 714 tons in the next year and 2,680 tons over five years.

U.S. Oil plans to have more than 100 GAIN Clean Fuel stations operating within the next three years. “Our goal is to have a GAIN network in place that will provide easy access to CNG for local, regional and national carriers,” notes Erick Johnson, Business Development Manager for GAIN Clean Fuel. “To achieve this, we are actively seeking partnerships with carriers that are looking to benefit by converting their fleets to CNG.”

About U.S. Oil

For over 60 years U.S. Oil has been recognized as the innovative leader in the distribution of petroleum and more recently, renewable energy products. Its business brands include GAIN® Clean Fuel and Express Convenience Centers™. U.S. Oil is a division of U.S. Venture, Inc. a privately-held company and the leading energy and transportation products distributor and marketer in North America. For more information, visit: www.usoil.com

About GAIN Clean Fuel

GAIN® Clean Fuel is a leading Compressed Natural Gas (CNG) provider offering fleet operators an environmentally-friendly, cost-effective alternative to traditional fuel options. GAIN Clean Fuel stations provide easy-access, fast-fill capabilities and are strategically located for carriers along major shipping corridors. Innovative programs and financial resources create turn-key customized GAIN® Clean Fuel programs tailored to their customer’s specific needs. Please visit: www.gaincleanfuel.com

About Core-Mark

Core-Mark is one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America. Founded in 1888, Core-Mark offers a full range of products, marketing programs and technology solutions to approximately 33,000 customer locations in the U.S. and Canada through 29 distribution centers (excluding two distribution facilities the Company operates as a third party logistics provider). Core-Mark services traditional convenience retailers, grocers, drug, liquor and specialty stores, and other stores that carry convenience products. For more information, please visit www.core-mark.com.

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Contacts:

Tracy Williams-Prince
U.S. Oil/GAIN
(920) 243-5731
TWilliams-Prince@usoil.com

Cole Buergi
Leonard & Finco Public Relations
(920) 965-7750 ext. 168
cbuergi@LFpublicrelations.com

Ms. Milton Gray Draper
Core-Mark Holding Company, Inc.
650-589-9445 X3027
mdraper@core-mark.com


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