USA Gasoline
This article includes a improve this article by introducing more precise citations. (November 2019) ) |
Parent Marathon Petroleum | |
U Save Automatic (also known as USA Gasoline or USA Petroleum) is an American
Andeavor in 2017, which was, in turn, acquired by Marathon Petroleum
in 2018.
As of 2024, the remaining USA Gasoline locations are primarily located in Southern California, with a few remaining in Wyoming.
History
- 1970s
In the 1970s, USA Gasoline became the first gasoline retailer to experiment with self-service pay at the pump technology and entered into an agreement with Allstate Bank of Southern California allowing banking customers to automatically debit their accounts directly from the pump.
- Over the course of 1975 and 1976, all UCO stations became USA Gasoline stations.
- Over the course of 1976-1977, all Sears stations became USA Gasoline stations.
- 1980s + 1990s
- From 1988 to 1990, USA Petroleum was involved in a lawsuit with ARCO due to fuel prices.
- in 1992, USA Petroleum moved its headquarters from Santa Monica to Ventura.
- in 1993, their headquarters were moved again, this time from Ventura to Agoura Hills.
- in 1994, Marvin Jay Caukin, the ex-Director of Finance, was sentenced 33 months in prison for embezzlingnearly $2.4 million from the company.
- 2000s
- in 2003, USA Petroleum agreed to pay $325,000 to settle a dispute regarding leaking tanks causing Ventura County.
- in July 2006, USA Petroleum announced its plan to sell 122 of its California gas stations to Chevron. The deal was finalized in November.
- in 2007, Tesoro Corpacquired USA Gasoline, and approximately 140 retail stations.
- 2010s + 2020s
- in 2011, 51 Mirastar stations (which were typically located outside select Walmartlocations) were also rebranded as USA Gasoline.
- in 2012, 250 Thrifty Oilstations rebranded as USA Gasoline, because BP did not renew the leases for 250 ARCO or Thrifty stations.
- In 2019, after the acquisition of USA Gasoline’s parent company Andeavor by Marathon Petroleum, many USA Gasoline locations were (as of 2020) in the process of being rebranded to Marathon's now-former subsidiary, Speedway, now wholly owned and operated by 7-Eleven.[1] Some USA Gasoline locations that either lacked a convenience store or were deemed insufficient to operate as a regular Speedway were rebranded as Speedway Express, a branded concept similar to Rich, a brand of Speedway that operates lower-volume stores that typically only sell tobacco, snacks, and drinks inside the convenience store (or a booth if no convenience store exists). Unlike Rich, Speedway Express participates in Speedway's Speedy Rewards program.
See also
References
- ^ Lindenberg, Greg (2019-02-18). "Marathon Petroleum's Speedway Rebranding Effort Heads West". CSP. Retrieved 2020-08-02.