HOUSTON, April 7, 2008 /PRNewswire/ -- Shell Oil Products US (Shell), the marketer of the No. 1 selling gasoline brand in America, announced today that it has signed agreements with three leading wholesalers to bring a number of new Shell-branded gasoline stations to the greater Chicago area, making it even easier for area motorists to purchase high-quality Shell fuels. Leading Chicago-area gasoline wholesalers Graham Enterprise Inc., Parent Petroleum and Texor Petroleum Company will distribute Shell-branded gasoline to converted and new construction sites.
"Signing agreements with these leading wholesalers will enable Shell to expand its retail gasoline network to benefit Chicago drivers. All Shell gasolines stop gunky build-up on critical engine parts to help cars perform at their best," said Kevin Autin, retail general manager for the Mid-Continent region, Shell Oil Products US. "These wholesalers are established and growth- oriented retail fuel industry veterans with deep knowledge of the Chicago area, and like Shell also are dedicated to providing customers with a consistent and pleasant experience."
This deal further enables Shell to achieve its vision of becoming the best gasoline supplier in the world. Currently, there are more than 14,000 Shell- branded stations in the United States that offer quality fuels and services. The substantial commitments made by the three Chicago-area wholesalers will eventually increase Shell's market volume by approximately one-third, giving the Shell brand approximately 20 percent of the total retail gasoline market in Chicago (per NPD data).
Graham Enterprise owns and operates 27 gasoline stations in the Chicago area. Parent Petroleum, the leading gasoline distributor to independent dealers in Northern Illinois, also operates its own retail units. Texor Petroleum, the largest independent wholesale gasoline distributor in Illinois, supplies gasoline to dealers throughout northern Illinois and northwest Indiana, and operates 12 privately owned retail locations. Combined, the three wholesalers have about 150 years of experience in the retail fuels industry.
"Along with Graham Enterprise and Parent Petroleum, we are very proud to join the Shell network," said Thomas Gleitsman, chairman & CEO, Texor Petroleum Company. "Shell has been a trusted source of high-quality fuels for more than 100 years. In addition, Shell is committed to providing a bright, clean and comfortable environment for its customers."
Local consumers can take advantage of rebates on quality Shell fuels by calling 1-877-MY-SHELL or logging onto www.877MyShell.com to apply for the Shell Platinum MasterCard(R) from Citi Cards. The Shell MasterCard currently offers one of the best rebate programs in the industry with a 5 percent rebate on Shell quality fuels and a 1 percent rebate on retail purchases anywhere the card is used.
Shell Oil Products US, a subsidiary of Shell Oil Company, is a leader in the refining, transportation and marketing of fuels, and has a network of approximately 6,100 branded gasoline stations in the Western United States. Shell Oil Company is an affiliate of the Shell Group [NYSE: RDS.A and NYSE: RDS.B]. For more information, please visit www.shell.com.
Graham Enterprise Inc., a family owned business, has been a part of the retail fuels industry for more than 75 years. The company owns and operates 27 c-stores with carwashes, and supplies additional outlets with approximately 100 million gallons annually. "Maverick," Graham's branded carwash operation, is regarded the exterior standard in Chicago. Located in Mundelein, Il., John Graham can be reached @ 847-837-0785.
Parent Petroleum is a dominant fuels and lubricants distributor with operations throughout Illinois, whose roots date back to 1965. Parent Petroleum's volume of over 250 million gallons per year has come as a result of working closely with its dealer network, and by providing innovative solutions to the challenges faced by the retail fuels industry. Parent Petroleum's highest-volume facility, "The Pride of Lake County," commonly throughputs in excess of one million gallons per month. Parent Petroleum is based in St. Charles, Ill., and can be found online at www.parentpetroleum.com.
Texor Petroleum is the largest independent gasoline distributor in Illinois, and is a successful operator of gasoline stations, convenience stores and car wash facilities throughout the state. Through its affiliate McMahon Cartage, Texor maintains a fleet of carrier vehicles that haul exclusively for the company. With headquarters in Riverside, Ill., Texor can be found online at www.texor.com.
Disclaimer statement
This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward- looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "objectives", "outlook", "probably", "project", "will", "seek", "target", "risks", "goals", "should" and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this Report, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group's products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, project delay or advancement, approvals and cost estimates; and (m) changes in trading conditions. All forward-looking statements contained in this presentation are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of this presentation, April 7, 2008. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this document.
The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this presentation, such as "oil in place" that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575 and disclosure in our Forms 6-K file No, 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.
Website: http://www.shell.com/
Website: http://www.877MyShell.com/
Website: http://www.parentpetroleum.com/
Website: http://www.texor.com/