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PG & E Energy to Provide Services to Arco

By Chris Kraul
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PG & E Energy Services, the energy marketing arm of Pacific Gas & Electric Co.’s San Francisco-based parent, will provide electricity and power management services to gas stations and other facilities in California owned by Los Angeles-based Atlantic Richfield Co. under terms of a multiyear, $60-million deal. More than 350 Arco gas stations, AM/PM convenience stores, eight gasoline distribution terminals, 16 pipeline pump stations and production units will be supplied by PG & E Energy Services. The marketing firm previously made deals to sell electricity to 800 McDonald’s restaurants, 550 Blockbuster stores, and 400 Safeway and Vons grocery stores in California. PG & E Energy Services also signed a nationwide $2-billion deal with San Antonio-based Ultramar Diamond Shamrock to supply electricity to the company’s gas stations, refineries and other facilities.

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Chris Kraul

Chris Kraul covered South America for the Los Angeles Times from his base in Bogota, Colombia. He joined the paper in 1987 and was business editor of the San Diego edition until it closed in 1992. He then began covering the border and Mexican economies until his assignment to The Times’ Mexico City bureau in 2001. He reopened the paper’s Bogota bureau in 2006. He has also covered the wars in Afghanistan and Iraq. He is a graduate of the University of South Florida and also has been a reporter at the San Jose Mercury News, San Diego Union-Tribune and the San Diego Business Journal.

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