SECOND QUARTER // 2014
LESSONS FROM THE PEI FIRE
The PEI Journal has long expected to run an
article on disaster planning. After all, disasters
happen more often than you think—and
the consequences to lives, property and
profitability can be enormous. What we
didn’t expect was that the raw data for the
story would come from our own experience.
But so it has. On the night of Feb. 11, 2014,
PEI’s headquarters building in Tulsa was
destroyed by fire.
By Rick Long
CNG FUELING STATIONS:
GETTING IN THE GAME
More and more PEI members believe that
CNG fueling stations will play an important
role in the industry in the years ahead. But
how can PEI distributors and contractors
make the move from talking about CNG
to actually being in the game? The best
way is to learn from a company that has
actually done it. One example is 51-year-
old Beavers Petroleum of Horseheads, N. Y.
CNG fueling stations are a major part of its
ARE YOU READY FOR EMV?
IS IT READY FOR YOU?
The PEI Journal last wrote at length on EMV
(Europay MasterCard Visa) in our Third
Quarter 2012 issue. Almost two years ago.
What has happened since then? Quite a
bit, actually. And yet the future for this
new credit card security technology is still
unsettled. Is EMV likely to one day account
for most retail fuel transactions—and what
does the answer mean for you and your
customers? That remains to be seen.
By Rick Long
Some people get lucky. The Publishers
Clearinghouse van arrives and all of
the surprised winner’s dreams—it
appears—are about to come true. The
first-time angler pulls out the biggest
fish of the day. A novice gambler rolls
the dice and comes up a winner in Las
Vegas. The only explanation is pure,
dumb luck. Unfortunately, hoping
that luck will come your way is not
a strategy. For most of us, success
is much more likely to come from a
combination of hard work and good
planning. In this special section, we’ll
look at the important role planning
plays in three crucial areas.