Marathon to sell St. Paul Park refine...

Marathon to sell St. Paul Park refinery, SuperAmerica stores for $8...

There are 30 comments on the TwinCities.com story from May 19, 2010, titled Marathon to sell St. Paul Park refinery, SuperAmerica stores for $8.... In it, TwinCities.com reports that:

Marathon Oil Corp. said today it has signed a letter of intent to sell its St. Paul Park refinery, 166 SuperAmerica convenience stores and its SuperMom's Bakery to a group of private equity firms for about $800 million.

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Carbon Bigfoot

Barnesville, OH

#22 May 19, 2010
Inside Info wrote:
<quoted text>
That store is not a corporate S/A store. It is a franchise owned by the same people who own the Freedom Value Center gas stations out of Hudson, WI.
I don't know about that particular SA store, but both SuperAmerica and Holiday gas stations were started years ago by members of the Erickson family, now mostly living in Hudson. They also owned the St. Paul Park refinery until they sold it to Ashland oil.

I will also agree with the posters about Kwik-Trip. They are based in Lacrosse, WI and run their stores very well.
Its the donuts

Lakeville, MN

#23 May 19, 2010
They make more with the bakery goods, lottery and cigarettes than they do selling gas. Its all in the margins. They are doing a little profit taking now while the stock price is relatively high. The "regime" will no doubt be unveiling a new federal program aimed at punishing energy producers for the gulf "crisis" and Marathon is simply cashing in some chips before the social justice crowd gets em via a lawsuit.
Oliver

Rochester, MN

#24 May 19, 2010
The best part of the photo is the Rock Island swing bridge...after almost 100 years of service, gone forever!
Maybe

San Francisco, CA

#25 May 20, 2010
Not Surprised wrote:
If the Super America station/store in my town is any indication of the others in the chain, it's no wonder they are being sold. The Red Wing SA has been going downhill ever since it opened. Lazy, surly, poorly-trained, discourteous employess and dwindling stock on the shelves has been its trademark. Go to a Kwik Trip--the difference is like night and day.
Another night and day difference between SA and Kwik Trip is the quality of gas itself. Whenever I put gas from Kwik Trip in my car, it runs a lot better than when I put SA gas in it. Engine runs smoother and there's a more pick up. Kwik Trip gas is certified as "Top Tier" so that probably has something to do with it. "Top Tier" gas is not a marketing gimmick, look it up. It's a higher quality standard for gas that certain gas stations use (not SA).
Carbon Bigfoot

Barnesville, OH

#26 May 20, 2010
When the Erickson's and Ashland Petroleum owned SA, they kept the stores in a very clean, well-maintained condition. Marathon doesn't seem to have done this, and has lost a lot of customers to Holiday and Kwik-Trip, which do keep their stores clean & fresh.
BeerBibleBullets

Houston, TX

#27 May 20, 2010
When investment groups buy plants, don't expect a lot of capital to be put into them. They will squeeze that thing dry, then resell when margins are more favorable. Big Oil is trimming its exposure to the refining side of things as it isn't very profitable considering the capital spent.
The Colonel

Minneapolis, MN

#28 May 20, 2010
This is indicative of a coming change in our fuel supply picture. Smaller refineries and older refineries in areas that do not have the space, money or local/political backing to upgrade will close. Cap and Trade propses a double tax on refiners - once when carbons are emitted during refining, again when they sell their products to the consumer. Get ready for more foreign-refined gasoline. Think of how the price swings have occurred in the past years due to OPEC, unfriendly oil producing nations and our failing credit ratings. With refined gasoline it can only get worse. We've had it good being so close to Canadian oil, but if we aren't refining their crude here watch out! Also, watch for marginal Marathon and SA stations to start closing. Where's my cheap electric car and cheap electricity?
Buck hunter

Las Vegas, NV

#29 May 20, 2010
hmmmm just maybe someone will be in charge who can drop the prices at the pump a little..(fariy tale???)
Carbon Bigfoot

Barnesville, OH

#30 May 22, 2010
The Colonel wrote:
.... Where's my cheap electric car and cheap electricity?
You'll be paying a lot more for your vehicle and electricity if the current President has his way. Cap & Tax will ruin this nation!
Cck

Chicago, IL

#31 Jun 18, 2010
I work for the company on a store management level and if we are indeed sold it would make absolutely no sense to change anything. The Speedy Rewards program will most likely stay in place because it brings customers to the door. And they are buying Super America name as well so in my mind it wouldn't make sense financially to change the name either. Im not saying it won't happen but Im just givin some incite from what the company is telling us at a store level.

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