The Rosen Shingle Creek Resort in Orlando was home to the 2008 Florida Petroleum Marketers and Convenience Stores Association’s (FPMA) Annual Convention and Trade Show, held July 19-23. A forum for the movers and shakers in the petroleum and convenience stores industries, the trade show featured the latest trends in service stations and convenience stores as well as most recent innovations in gas station and convenience store development and technology.
As if gas demand and consumption, gas taxes and gas prices are not enough, Florida’s gas stations and convenience stores face another costly hurdle between now and the end of next year. Florida is finally tightening down on violators of legislation passed eighteen years ago requiring new USTs (underground storage tanks). Under the current UST laws, all gas stations must upgrade their current underground storage systems.
New research by Nielsen shows 85 percent of U.S. consumers believe the country is in a recession and almost 70 percent of them believe the next 12 months are either a “bad” or “not so good” time to buy things they want or need. This has a major impact on supermarket, food service, c-store and petroleum verticals.