Long-term fuel deal could haunt 7-Eleven

摘要

7-Eleven Inc. will increase its lead as the largest North American fuel retailer, but the long-term supply deal it inked with Marathon Petroleum could put its gasoline margins at a distinct disadvantage to aggressive competition in states where Speedway has some of its highest store concentrations. When Speedway was part of Marathon Petroleum, the transfer price from refiner to subsidiary was never public, but sources tell OPIS the sales price for unleaded gas was typically within 0.25-0.5cts/gal of Marathon postings of unbranded competitors.