He added, "With the completion of the integration we will have a full conversion West Coast refinery without the need to build a hydrocracker. We are planning to increase the throughput of the integrated California refineries and are expecting substantial improvement to the operating margin. Once the Bakersfield refinery has been fully integrated, we will have completed our long-term plan to have three complex refineries in Texas, California and Louisiana plus our asphalt business and retail operations."
In the company's retail and branded marketing segment, retail fuel sales gallons increased by 17.2% from 30.2 million gallons in second-quarter 2009 to 35.4 million gallons in second-quarter 2010. Branded fuel sales increased by 7.2% from 69.9 million gallons in second-quarter 2009 to 74.9 million gallons in second-quarter 2010. Operating income for the retail and branded marketing segment was $7.7 million for second-quarter 2010 compared to $2.4 million for the same period in 2009.
Retail fuel sales gallons increased by 16.6% from 58.4 million gallons in first-half 2009 to 68.1 million gallons in first-half 2010. Branded fuel sales increased by 6.3% from 136.7 million gallons in first-half 2009 to 145.3 million gallons in the first half of 2010. Operating income for the retail and branded marketing segment was $5.9 million for first-half 2010 compared to $3.8 million for the same period in 2009.
Alon USA, Dallas, is an independent refiner and marketer of petroleum products, operating primarily in the south central, southwestern and western regions of the United States. It owns four crude oil refineries in Texas, California, Louisiana and Oregon, with an aggregate crude oil throughput capacity of approximately 250,000 barrels per day. Alon USA is the largest 7-Eleven licensee in the United States and operates more than 300 convenience stores in Texas and New Mexico. It markets motor fuel products under the FINA brand at these locations and at approximately 610 distributor-serviced locations.
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