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Greg's Petroleum Service - Prompt and Professional

Welcome

Greg's Petroleum Service is a diversified petroleum marketing company servicing California's greater San Joaquin Valley. 

We provide comprehensive energy and lubricant solutions for commercial, industrial, agricultural, and the oil and gas industries. As a Chevron 1st Source Lubrication Marketer, we are committed to providing lubrication solutions that facilitate our customers’ long-term profitable growth.

Contact us today to learn more about how we can help you prolong your equipment life and gain better fuel efficiencies.

News
FARMERS SPCC CLARIFICATION MOVING IN HOUSE - Sunday, August 05, 2012
FARMERS SPCC CLARIFICATION MOVING IN HOUSE

July 31, 2012

NFCH-12-30


Yesterday the House Transportation and Infrastructure Committee approved by voice vote, H.R. 3158, the “Farmers Undertake Environmental Land Stewardship (FUELS) Act”. The bill, introduced by Rick Crawford (R-AR), would bring clarity to farmers on the requirements of the EPA’s Spill Prevention, Control, and Countermeasure (SPCC) rule, it would provide threshold sizes for tank regulation at the farm level, and allow more farms to self-certify.

As petroleum marketers well know, the SPCC rule is applicable to any facility, including farms, with an aggregate above-ground oil storage capacity of 1,320 gallons in tanks of 55 gallons or greater. H.R. 3158 would create three classes of farms for SPCC purposes:

1) Farms with individual tanks with storage capacity greater than 10,000 gallons, aggregate storage capacity of at least 42,000 gallons or spill histories would need professional engineers to certify their SPCC plans.
2) Farms with aggregate storage capacity greater than 10,000 gallons but less than 42,000 gallons and no history of spills could be self-certified by the farms’ owners or operators.
3) Farms with aggregate storage capacity less than 10,000 gallons and no history of spills would be exempt from requirements.

The bill would also exclude all containers on separate parcels that have a capacity less than 1,320 gallons from the aggregate storage capacity of a farm.

The measure faces significant opposition in the Senate and is not likely to be adopted without pro-environment changes. Senators Inhofe (R-OK) and Sessions (R-AL) tried to attach an SPCC amendment to the Farm bill, but their amendment was not included in the final Senate agreement.

 
Newsletter - Wednesday, June 27, 2012
California Tax Rate Change - Effective July 1, 2011 - Sunday, June 26, 2011

 Dear Retailers, Marketers and C&I Customers in California:


The California State Board of Equalization (BOE) has announced several tax rate changes that are scheduled to take effect on July 1, 2011.  The Fuel Tax Swap will impact the excise tax on both gasoline and diesel fuel.  It will also impact the sales and use tax as well as the prepaid sales tax rate for diesel fuel.  In addition, the BOE has indicated that the sales and use tax rate on all tangible products will also change on July 1, 2011.

Information regarding the Fuel Tax Swap is available on the BOE's website:  http://www.boe.ca.gov/sutax/gasswapfaq.htm#2

Information on the California Statewide Sales and Use Tax Rate is also on the BOE's website at the following link:http://www.boe.ca.gov/news/pdf/l277.pdf
 
 
Please be aware that the California Legislature is still in session and may enact legislation that could impact these tax changes.

Please contact the BOE at (888)-847-9652 if you have any questions.
 
Security Advisory Alert - Wednesday, June 22, 2011

CBP Security Advisory for Marketers and Retailers:

Recently there have been attempts by outside sources trying to gain Retailer / Marketer credit card information through e-mail scams which are termed “phishing”. If you or someone from your organization is contacted by a person claiming to be with Chevron, and is asking for credit card information, or discussing your credit line, please do NOT give out this information.

Please contact your Business Consultant or Credit Representative if you have any questions.

 

 
Chevron Press Releases

Mon, 16 Feb 2015 00:00:00 -0800

Chevron Corporation has reached a settlement agreement with James Russell DeLeon, the principal funder of the fraudulent lawsuit against Chevron in Ecuador.

Wed, 04 Feb 2015 00:00:00 -0800

San Ramon, Calif., Feb. 4, 2015 – Chevron Corporation today announced that its wholly-owned subsidiary Chevron Mauritania Exploration Limited has reached an agreement to acquire a 30 percent non-operated working interest in Blocks C8, C12 and C13 offshore Mauritania from Kosmos Energy. The transaction is subject to the approval of Mauritania’s government.

Mon, 02 Feb 2015 00:00:00 -0800

Chevron Corporation (NYSE: CVX) today named Jeanette L. Ourada as corporate vice president and comptroller effective April 1. Ourada succeeds Matthew J. Foehr, who will retire from the company March 31 after 33 years of outstanding service.

Fri, 30 Jan 2015 00:00:00 -0800

30 Jan 2015 – Chevron Corporation today reported earnings of $3.5 billion ($1.85 per share – diluted) for fourth quarter 2014, compared with $4.9 billion ($2.57 per share – diluted) in the 2013 fourth quarter. Foreign currency effects increased earnings in the 2014 quarter by $432 million, compared with an increase of $202 million a year earlier.

Fri, 30 Jan 2015 00:00:00 -0800

Chevron Corporation today announced a $35.0 billion capital and exploratory investment program for 2015. Included in the 2015 program are $4.0 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. The 2015 budget is 13% lower than total investments for 2014.

Chevron

Contact

Greg's Petroleum Service, Inc.
621 High Street
Delano, CA 93215
(661) 725-2078
sales@gregspetro.com

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