Pinnacle Carries the TPCA’s Legislative Priorities to Members of the Texas Legislature

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ARLINGTON, Texas, March 3, 2009 – The Pinnacle Corporation (Pinnacle) announced today that they recently gathered in Austin, TX to carry the TPCA’s legislative priorities to members of the Texas Legislature. The Pinnacle Corporation has been dedicated to active involvement with The Texas Petroleum Marketers and Convenience Store Association (TPCA), an organization formed to serve the common regulatory, legislative, and educational needs of businesses engaged in the distribution of wholesale fuel, retail fuel, and lube oils, for years. This year, Legislative Day had the largest group of participants since 2003 and meetings with the Texas Legislature focused on several bills and proposals, including Local Fuels Tax – SB 855, which could have a direct and negative impact on consumers in four of the largest counties in Texas, subjecting them to higher prices at the fuel pumps yet again.

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Chris Newton, President of the TPCA said, “Allowing counties to assess a local fuels tax is not the right way to provide more transportation dollars for the urban areas of Texas. Given that consumers’ sensitivity to price remains high and that a local tax can be legally avoided by fueling in an adjacent area, this proposal simply will not deliver the revenues its proponents hope it will. When you also consider the administrative and competitive issues for our members that come along with a local fuels tax, it just doesn’t make sense.”

“We feel it is critical to maintain a level playing field where all petroleum marketers can be assured equal competitive footing. The proposed legislation will unfairly raise the costs for marketers in the affected areas,” said Bob Johnson, President of The Pinnacle Corporation.

For information on any Pinnacle product or service, e-mailsales-info@pinncorp.com, call 1-800-366-1173, or visit the Pinnacle website atwww.pinncorp.com.

About Pinnacle

The Pinnacle Corporation (www.pinncorp.com) is the leader in the automation technology industry focusing on the rapidly evolving convenience store and petroleum industries. Pinnacle delivers products that automate the broad spectrum of convenience store operations and supply chain management of fuel operations. Nationwide, Pinnacle's products and services are used daily in thousands of convenience outlets to automate and improve their store operations and by fuel marketers to increase their efficiency in the complex management of fuel delivery.

Pinnacle is committed to solving key industry issues that make the greatest impact on an organization’s success. Let us show you how our PCI Compliant Palm POS and our Store and Home Office solutions can offer you streamlined efficiency and the data that matters, on time, every day. Our products include EPM Business Intelligence Suite and Enterprise Loyalty Suite. Make your business more profitable and efficient using the latest technology from a proven provider. Your choice is simple, pick Pinnacle!

About TPCA

The Texas Petroleum Marketers and Convenience Store Association (TPCA) was formed in 1949 under the name Texas Oil Jobbers Association (TOJA) to serve the common regulatory, legislative, and educational needs of businesses engaged in the distribution of wholesale fuel, retail fuel, and lube oils. One of the largest state trade associations of its kind, this 1,000-member organization represents petroleum marketers and convenience store owners and operators who own, operate, or supply approximately 16,000 convenience stores, service stations, and other retail motor fuel outlets in Texas and the southwest United States. Collectively, these petroleum marketers and convenience store companies supply nearly 9,000,000,000 gallons of fuel and tons of related products annually to Texas motorists. The average TPCA member owns and operates ten convenience stores and supplies twelve more. These businesses provide fuel and lubricants to the vast majority of commercial end-users, including farmers, construction firms, and local and state governments. In addition, TPCA associate members represent all of the diverse fields associated with the petroleum distribution system and convenience store industry.

Contact Information:

Tracie Wilbanks
The Pinnacle Corporation
1-800-366-1173, extension 293
 

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