Statement from Tri-Star Energy, Oil Marketers - NewsChannel5.com | Nashville News, Weather & Sports

Statement from Tri-Star Energy, Oil Marketers

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In a statement to NewsChannel 5 Investigates, Tri-Star Energy president William Kimbro said:

"Middle Tennessee is a competitive market for the sale of gasoline and diesel. Consumers have many options when deciding where to buy fuel and our experience is that they compare prices at various locations that sell fuel before making their purchase.

"For example, our fueling locations in Brentwood compete with stores in Nashville, Cool Springs and all of the surrounding areas where consumers travel throughout the day.  These same consumers are well aware that there are Costco, Home Depot and Sam's Club sites in the Cool Springs area that sell fuel and compete with our Brentwood locations.  In addition, there are independently-owned stations located within a few miles of most of our stores, as well as fueling centers owned by other companies.

"We can't talk specifically about pricing because of federal anti-trust laws but, we can tell you that our prices are competitive."

Emily LeRoy, associate director of the Tennessee Oil Marketers Association, told NewsChannel 5 Investigates that "the number of locations owned by a single entity is not necessarily tied to having a comparable percentage of the fuel volume in a given county or city.  For instance, a large big box retailer may have more daily gasoline volume than multiple convenience stores."

Still, none of those companies that LeRoy states "may" not have as much volume would release information about their market positions.

LeRoy notes that crude is the biggest component of gas prices. See the U.S. government's Energy Information Service.

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