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BP all but leaving South Dakota

BP all but leaving South Dakota
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ABERDEEN - BP America Inc. says it's pulling out of most of South Dakota and all of North Dakota, Wyoming, Louisiana and Texas, deciding instead to focus on areas closer to its refineries.
In South Dakota, Sioux Falls will retain a BP presence because the city is close enough to an Indiana refinery, company officials said.
BP has about 13,000 gas stations in the United States, and about 350 could be affected by the decision. The company plans to serve the affected areas until April 1.
"I think it really caught everybody off guard," said Randy Bonn, owner of an Aberdeen BP station. "They (BP) haven't been here that long."
Another Aberdeen gas station owner, Mike Carrels, said he was surprised the announcement came so soon. "I expected it in the next two years," he said.
Carrells, a BP station owner, is trying to decide whether to be independent or choose another brand. "We are shopping for the best value for our customers," he said.
He said he is considering whether a brand is well known, if it offers customer credit cards and other perks, and whether it will stay in the area.
BP isn't the first brand to leave. ConocoPhillips left parts of South Dakota early last month.
British Petroleum, which started in 1901, was already known informally as BP when it entered into the North American oil business as a pioneer explorer in Alaska during the late 1950s, the company said on its Web site.
After a series of mergers and acquisitions with Amoco, ARCO, Burmah Castrol and Vastar, BP had become the largest oil and gas producer and one of the largest gasoline retailers in the United States by 2001, according to the company.

Copyright 2012 Rapid City Journal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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