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Arko to acquire Transit Energy Group for $375M
Richmond-based convenience store company to add about 150 stores
Arko Corp., a Fortune 500 holding company for Richmond-based convenience store chain GPM Investments LLC, announced Monday that GPM and some of its subsidiaries have agreed to acquire South Carolina-based
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Higher gas prices are needed
Published
The U.S. inflation rate, which reached 8.6% in May, is at its highest point in 40 years. In 1982, it was just over 6%. Since then, the U.S. inflation rate
Pain beyond the pump
Record gas price impacts being felt across Va. industries
Published
Ravi Patel watched as gas prices began their upward spiral and responded accordingly. To help offset fuel surcharges for deliveries, Patel, CEO of Sina Hospitality, placed larger orders for the
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Report: Virginia gas shortage leaps to 52% in one day
Colonial Pipeline back up as of 5 p.m. Wednesday
Published
Updated 10 p.m. According to a website tracking gasoline prices and shortages based on crowdsourced data, 52% of Virginia’s gas stations had run out of gas as of 9 p.m.
Northam declares state of emergency related to gas pipeline shutdown
Says current reserves are sufficient for short shutdown
Published
Gov. Ralph Northam declared a state of emergency Tuesday, five days after the Colonial Pipeline was shut down due to a cyber-attack. The Texas pipeline is the primary source of