USA Gasoline

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
USA Gasoline
Private (subsidiary of Marathon Petroleum)
Industry Oil & Gas Extraction
Founded 1968
Headquarters Agoura Hills, California, United States
Area served
United States
Products Oil & Gasoline
Parent Marathon Petroleum

U Save Automatic (also known as USA Gasoline or USA Petroleum) is an American oil company which operates in the United States. It was founded as Skypower Gasoline by Peter Moller and his sons Poul, Finn and John and changed the name to USA Gasoline in 1968. USA Gasoline operates in 10 states, including Alaska, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. It became a subsidiary of Tesoro Corporation (now Andeavor) in 2007.

History

1970s

In the 1970s, USA Gas 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 embezzling nearly $2.4 million from the company.
2000s
  • in 2003, USA Petroleum agreed to pay $325,000 to settle a dispute regarding leaking tanks causing groundwater and soil pollution at 10 USA Gas stations in 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 Corp acquired USA Gasoline, and approximately 140 retail stations.
2010s
  • in 2011, 51 Albertsons Express stores rebranded as USA Gasoline. As part of the deal, all Mirastar stations were also rebranded as USA Gasoline.
  • in 2012, 250 ARCO (Thrifty Style Stations) and Thrifty Oil stations rebranded as USA Gasoline, because BP did not renew the leases for 250 ARCO or Thrifty Stations.

See also

References

Retrieved from "https://en.wikipedia.org/w/index.php?title=USA_Gasoline&oldid=862693564"
This content was retrieved from Wikipedia : http://en.wikipedia.org/wiki/USA_Gasoline
This page is based on the copyrighted Wikipedia article "USA Gasoline"; it is used under the Creative Commons Attribution-ShareAlike 3.0 Unported License (CC-BY-SA). You may redistribute it, verbatim or modified, providing that you comply with the terms of the CC-BY-SA