Graphic: Courtesy of National Association of Convenience Stores Source: Energy Analysts International, Inc.

The complex gasoline supply structure in the U.S. varies greatly by region, with some areas more sensitive to supply imbalances.

Two regions have more supply than required to meet demand and are therefore able to transport excess supply to other markets. These regions are generally less likely to face extreme price spikes when the distribution system is disrupted.

  • Mid-continent: Has sufficient refining capacity to meet demand in the region, but is "long" on supply due to large volumes of gasoline moving via pipeline from the Gulf Coast through the region to the Midwest. 

  • Gulf Coast: Has major refining centers that supply large volumes to other regions, including the Mid-continent, Midwest, and Eastern Seaboard markets. Gulf Coast refiners and several foreign refining centers are the sources of supply for other U.S. regions.

Four regions have significant refining bases that allow them to provide refined fuel to meet much of their fuel needs. However, since demand in the region is greater than supply, they must rely on additional supplies. Disruptions to their refining operations can have a significant impact on the price of gasoline in these regions, especially those with high demand for fuel.

  • Midwest: Some additional fuel is brought in by barge up the Mississippi River, with the majority brought in by pipeline from the Gulf Coast.

  • Pacific Southwest: Additional fuel is brought in by pipeline from West Texas to Phoenix, and via tankers from the Gulf Coast, Caribbean, and other foreign sources.

  • Northeast: Additional fuel is brought in via pipeline from the Gulf Coast, and from sources in Eastern Canada and overseas.

  • Pacific Northwest: Additional fuel is brought in via pipeline from the Rockies and tankers from California.

Two regions have limited refining capacities and rely on fuel to be brought in from other regions. These regions can face price variations when supply from other regions or countries is disrupted.

  • Rocky Mountain: Has a refining base of small refineries and relies on additional fuel brought in by pipeline from the Mid-continent and Texas Panhandle.

  • Southeast: Has a very small refining capacity and most states, except Florida, are supplied by pipeline from the Gulf Coast. Florida is supplied by barge from the Gulf Coast, with significant foreign supply imported into the Atlantic Coast ports.

OMEGA is comprised of hometown employers and entrepreneurs contributing to our communities. We believe that advantages should not be given to large out-of-state companies or that our surrounding states should have advantages over us. We continue to seek an even playing field to conduct business.

Differences in excise tax rates across jurisdictions create incentives for consumers to cross the border and purchase in lower-tax jurisdictions. There are certain commodities that consumers shop price for and among those are gasoline, cigarettes and beer. It is estimated that 50 percent of West Virginia residents live near a border, therefore being competitive on those borders is important to West Virginia retailers. We know that when consumers go across the border for these items that they make other purchases. So, not only does West Virginia lose the tax on these items they lose the sales tax on other items as well.

50% of West Virginia residents live near a border, therefore being competitive on those borders is important to West Virginia businesses.

 

Food, fuel and convenience, providing life’s essentials to West Virginia.  That’s our tagline and describes simply and effectively what our members do.

West Virginia Oil Marketers & Grocers Association (OMEGA) members are all local, community-based businesses.   We are the convenience stores, independent groceries and petroleum marketers providing the daily necessities to maintain our quality of life.  From gas and coffee to produce, meat and foodstuffs, to oils and lubricants for heavy industry, we keep West Virginia running.  And, we’re open when you need us, offering service at your convenience.

OMEGA members understand the vital role they play.  If our stores aren’t open, our customers and the communities in which we are located suffer.  Imagine the hassle of pulling into your local convenience store for gas or stopping by your favorite grocery store to pick up ingredients for the evening dinner and finding them closed.  Similarly, if our petroleum industry businesses are unable to provide the lubricants for their manufacturing and coal clients, business would grind to a halt.

Our member businesses are intrinsically linked to our citizenry’s quality of life and we take that seriously.

Because OMEGA members are so closely tied to the communities in which they are located, we believe it is our responsibility to help out and give back where we can.  You have likely seen our member's corporate names emblazoned on the backs of little league and other athletic team jerseys.  We support local charities, churches and nonprofit organizations through in-kind and financial donations.  And, through our trade association, OMEGA has been a force for the betterment of children and their families throughout the state.

In 2003, OMEGA members gathered with the goal of identifying how they could pull together to help out in a larger way and on a broader scale.  Recognizing the great need for improving health and wellness among West Virginia’s youth population, they set a course which has resulted in more than $2.9 million being raised over the last 10 years.  The beneficiaries of these funds have included children all across West Virginia for the purpose of medical procedures, after school programs and “wishes” for the critically diagnosed.

Additionally, OMEGA’s scholarship program, which provides $1,000 scholarships to member employees and family members, has awarded more than $132,000 since the program’s inception in 1996.

Our member industries are constantly evolving to meet the needs of today’s customer.  It used to be that convenience stores sold, primarily, gas and ice.  That certainly has changed to the point that gas has become a commodity item and the products sold in the store have become the main draw.  It is now common to find restaurant chains inside our stores as well as a more robust offering of products people want.  Our local groceries have changed to provide the specialty products shopper’s desire, which may not be available at the big box stores.

Charitable Contributions Through the Years

Year Organization Amount Raised
2003 Children’s Miracle Network $43,000
2004 Children’s Miracle Network $71,335
2005 Children’s Miracle Network $156,182
2006 Children’s Miracle Network $175,249
2007 YMCA $77,413
2008 Make-A-Wish $156,131
2009 Make-A-Wish $191,650
2010 Make-A-Wish $201,849
2011 Children's Home Society $61,384
2012 Make-A-Wish $203,074
2012 Children's Home Society $91,143
2012 Make-A-Wish $164,271
2013 Children's Home Society $93,515
2013 Make-A-Wish $161,466
2014 Children's Home Society $121,512
2014 Make-A-Wish $126,050
2015 Children's Home Society $79,615
2015 Children's Home Society $64,135
2016 Children's Home Society $130,391 
2017 Children's Home Society $113,600
2018 Children's Home Society $116,328
2019 Children's Home Society

$124,261.37

2020 Children's Home Society $100,026
2021 Children's Home Society

$174,034

Total Raised:   $2,998,228.37

 

For questions. media inquiries or additional information, please contact:

West Virginia Oil Marketers and Grocers Association
2006 Kanawha Blvd. East
Charleston, West Virginia 25311


omega@omegawv.com

Phone: 304.343.5500
Fax: 304.343.5810

Traci Nelson
President
traci@omegawv.com
304.343.5500

Daniel Hall
Director of Government Affairs and Membership Development Coordinator
daniel@omegawv.com

Missy Morgan
Member Services Coordinator
missy@omegawv.com

 

encova 2020 omega
OMEGA Members Receive a 3.4% discount

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