Issue link: https://read.dmtmag.com/i/626797
6 Oil Prophets ASSOCIATE CHAIRMAN'S COMMENTS A New Journey in 2016 Richard Kinney Chairman, P&CMA Associate Board This time of year our thoughts move toward finishing strong and then beginning a new year with enthusiasm. I know you join me in congratulating last year's chairman, Keith Chambers, and his committee on a very successful year, and a job well done. I am honored to take the reigns as president of the P&CMA Associate Board for 2016. The Board and I are excited to begin our journey. When I began serving on the Associate Board five years ago I had no idea how many new friends I would meet, or what great memories I would make. I encourage you to get involved if you aren't currently. The Association is comprised of members dedicated to work for the betterment of our profession. The number one purpose of our Board is to promote and facilitate the "Draw Down', an exciting event at our annual convention where the last ticket drawn wins $10,000. But more importantly, by buying raffle tickets for this event you are supporting the Educational Foundation Scholarship Program. This program awards college scholarships to children of employees of P&CMA member companies. For more information visit our web site at www.pcmala.org. Our Food & Fuel Expo is March 9 & 10 in Biloxi. We look forward to once again partnering with Mississippi and Louisiana at this premiere trade show. Hope to see you there. It's not too early to make plans to join us at the annual P&CMA convention June 12-15 at the Ritz Carlton Lodge, Reynolds Plantation, Greensboro, Georgia. Be sure to buy your Draw Down raffle tickets early. I would love to hear from you. Your input is always welcome. We are here to serve as your representatives. Sincerely, Richard Kinney Chairman, P&CMA Associate Board rkinney@citgo.com Fast Facts All About Convenience... 69% of consumers are satisfied with c-store/gas station loyalty programs. Source: NACS Magazine, July 2015 8.7% The increase in gross margin dollars for frozen dispensed beverages in 2014. Source: NACS 2015 State of the Industry Report 13.6 cents per gallon The average margin on E85 fuel in June. Source: The Fuels Institute, July 2015 69% of retailers are confident about their ability to compete with quick- service restaurants. Source: NACS 2015 Retail Fuels Report