March 14, 2010 - FRAMINGHAM, Mass. -- Two months since acquiring all rights to market the Gulf brand throughout the entire United States and its territories, Gulf Oil L.P. last week inked it first official deal with a petroleum distributor outside its former 11-state region in the Northeast, and company executives say many more agreements are on the way.
"We suspected there was a huge appetite for the Gulf mark to be introduced outside the Northeast. But in a million years, we didn't realize the overwhelming response we would receive," Rick Dery, chief marketing officer for Gulf, a subsidiary of convenience store chain Cumberland Farms Inc., told CSNews Online. "There is a lot of nostalgia around the Gulf brand, and we're creating something new and exciting that builds upon that legacy."
As previously reported, Gulf-branded gasoline in the continental U.S. was only available in an 11-state region in the Northeast through a previous licensing agreement between Gulf Oil L.P.'s parent company and Chevron U.S.A. Inc. In late 2009, when Chevron decided to pull out of 10 mid-Atlantic markets, the pieces fell into place for Gulf to revamp its agreement with the California-based oil company. On Jan. 12, Gulf acquired all title and interests to the Gulf brand, enabling the company to expand its use of the Gulf brand throughout the U.S. for the first time in 20 years.
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