Monday, March 4, 2013
The Woodbridge-based oil business will now divest itself of 1,350 gas stations, many of which operate in New Jersey and 17 other Eastern Seaboard states.
The familiar green and white Hess signs that dot the Woodbridge landscape and much of New Jersey may soon be no more. Hess Corporation announced Monday in a letter to shareholders at their annual meeting that it was divesting itself of its retail gasoline and convenience store operations, in an effort to restructure the company and improve its balance sheet. The move will affect 1,350 gas stations - many owned by Hess itself - that operate in 18 states on the Eastern Seaboard. The gas stations serve as many as 1.3 million customers a day, according to a report in Supermarket News. Hess did not say when it would begin either closing or selling off its gas stations, although a press release accompanying the news said that their closure, …
Monday, January 28, 2013
One of Woodbridge's largest employers is shuttering its refinery facility at the end of February
One of Woodbridge's biggest employers and taxpayers, Hess Corporation has announced that they will be permanently shutting their Port Reading refinery business by the end of February. Hess made the announcement as gasoline futures prices spiked to $2.925, their highest level since October, according to a Bloomberg.com report. The company said they will be leaving the gasoline refinery business because of weak demand and the cost of complying with EPA requirements for low sulfur heating fuel, Bloomberg noted. The facility, upon which the company has been experiencing massive losses in recent quarters, has "lost money in two of the last three years," according to the Bloomberg report. In November, Moody's Investor Service singled out …
Thursday, November 1, 2012
The urge for fuel of all kinds brought people from the township - and others miles away - out in search of gasoline and electricity.
Whether you were fueling your car or trying to fill a gas can to feed a thirsty generator, it was a nightmare throughout central New Jersey in the wake of no electricity from Hurricane Sandy. Gas lines snaked up and down Route 9 and Route 1, and anywhere you could find a gas station that was open, had electricity to pump gas, and had enough supplies to feed customers who desperately needed fuel. Gas consumers from the southern part of the state made their way to Woodbridge in search of fuel. Some people were so desperate and had come such a long way that when they got into a line, some of them ran out of gas before they got to their turn in line. The gas lines brought out Woodbridge police to keep order and keep the lines moving. People …
Tuesday, October 23, 2012
Now's the time to fill 'er up as Wawa and Hess duke it out over gasoline prices - and drivers reap the rewards.
When Wawa moved into Fords this month, it brought more with it than a tasty sub and a good cup of coffee. It brought competition when it opened up the gas pumps. That has caused an impromptu price war between Wawa, located at the intersection of King George Road and Route 9 South, and nearby Hess. Two Hess stations, both within the shadow of the mammouth Hess Building and on the north and southbound sides of Route 9, are battling Wawa for who has the best price. Within days, gasoline prices in the vicinity of Route 9 were at levels not seen for ages. As of noon Sunday, Wawa's price for regular gas was $3.37 a gallon. Down the road, both Hess stations undercut the convenience retailer at $3.35 a gallon. Sunday travelers were lined up at …
Are you filling up your tank while the price dips in the gasoline wars?
Now is the time to get in your jalopy at head on down to Route 9. Newcomer Wawa with their gas stations and both Hess Stations on the north and southbound side of the roadway are conducting an all-out price war - and consumers are benefitting from the battle. Hess so far is winning. Both gas stations were two cents lower than Wawa on Sunday, with Hess punching in at $3.35 a gallon. By Monday night, the Hess price was down again to $3.33, as Wawa matched their older price. Have you taken advantage of the gas price war? Take the poll and tell us what you think about gas prices dropping. And while you're at it, check Patch's gasoline price widget! Follow Woodbridge Patch on Facebook, Twitter and sign up for the daily newsletter.
Wednesday, October 3, 2012
There wasn't much to the vapor cloud hovering over Port Reading, police said.
Residents around Port Reading this morning saw another one of those mysterious vapor plumes from Hess earlier today, but as Woodbridge police said, there wasn't much to it. "It was uneventful...but somewhat eventful," said Woodbridge Police Captain Roy Hoppock. A truck loading propane at Hess Corporation’s Port Reading refinery developed a leak at approximately 10:45 a.m. today, explained Jon Pepper, a spokesman for the company. "Emergency responders dispersed the vapors until the leak was stopped at 1 p.m. Non-essential personnel were evacuated from the facility while refining and gasoline and distillate product loading operations continued as normal," Pepper said in a statement. "There were no injuries." Woodbridge fire trucks, …
Thursday, April 26, 2012
Hess was fined for violating the Clean Air Act at its Port Reading refinery. Is this a concern for you and your family?
Hess has just been fined $850K by the NJ Department of Environmental Protetion (DEP) and the federal Environmental Protection Agency (EPA) for throwing illegal amounts of pollutants into the air. They're also required to spend $45 million for upgrading their pollution control system. Is all this pollution a worry to you and your family? What do you think should be done? Take the poll and tell us what you think.
Saturday, December 25, 2010
Need a latte? Got a yen for some Chinese? Not every place is locked up tighter than a tomb on Christmas!
- THE NEIGHBORHOOD FILES
- Deborah Bell
Saturday, December 25, 2010
Contrary to popular opinion, there's more open on Christmas Day than just the police department and the emergency room. If you're getting cabin fever from too much holiday cheer during this long weekend, here are some places you can go to stretch your legs, and pick up some food and entertainment: 1. Run out of milk or other staples? Quik Chek on Main St. and the other on Green St. are both open until 6 pm. If you need a quick hostess gift on your way to Christmas dinner, they have a nice platter of cookies, wrapped in cellophane and topped with a bow, for $12.99. 2. Remember "A Christmas Story"? In that movie, Christmas dinner blows up, and the only place that little Ralphie and the family can find to eat on Christmas is a Chinese …