Hess 2008 Annual Report Download - page 11

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9
products to our Retail and Energy Marketing
businesses. During 2008, our terminals kept our
customers in the southeastern United States well
supplied with fuel through two hurricanes.
ENERGY MARKETING Hess Energy Marketing
is a major supplier of
natural gas, fuel oil and electricity to commercial,
industrial and utility customers in the 17 state
market area in which it operates in the Eastern
U.S. In 2008, natural gas volumes increased by
more than three percent and electricity volumes
increased by nearly 13 percent compared with
2007. Customer service, multi product offerings,
and the introduction of green products and
services position Hess Energy Marketing for
continued growth.
RETAIL MARKETING Hess is the leading
independent gasoline
convenience store retailer on the East Coast with
1,366 Hess branded locations. Annual convenience
store revenues in 2008, excluding petroleum
products, were approximately $1.1 billion. During
2008, we introduced our new Dunkin’ Donuts
self-serve offering at 199 Hess locations. The
company also opened 11 new HESS EXPRESS
locations and added convenience stores to three
existing locations.
HESS EXPRESS, Eastern United States