OnCue OKC Expansion

[Zuplar]

I think the C-store adapts, no matter what comes at them. At different times in society "gas stations" have gone from full service stops for your vehicle to an everything store, i.e. Bucees. There are different C-stores for all types of consumer, but to me what stays the same is the convenience part. At the end of the day these stores have made it a priority to be in highly trafficked areas. Like pointed out above, OnCue will locate several stores in an area just to make it convenient for people traveling any direction.

My kids like OnCue about as much as I do, and they are for completely different reasons.

[Pete]

^

The problem is that when there is a big change such as the small full-service stations going away, that leaves a lot of ugly, empty real estate. You can still see remnants of those old stations all over town.

Same way with the smaller grocery stores that were on every corner up until the 1990s or the smaller Walmart stores. They all sit empty and then eventually become bingo halls, pawn shops and payday loan places.

Gas stations become used car lots, muffler places or tobacco stores.


THAT is my concern: the impact of building several hundred (literally) of these stations all over Central OK when it's likely they will be antiquated in the next 30 years.

[Dob Hooligan]

^

The problem is that when there is a big change such as the small full-service stations going away, that leaves a lot of ugly, empty real estate. You can still see remnants of those old stations all over town.

Same way with the smaller grocery stores that were on every corner up until the 1990s or the smaller Walmart stores. They all sit empty and then eventually become bingo halls, pawn shops and payday loan places.

Gas stations become used car lots, muffler places or tobacco stores.


THAT is my concern: the impact of building several hundred (literally) of these stations all over Central OK when it's likely they will be antiquated in the next 30 years.

That is not an issue unique to Oklahoma City. Happens all over America.

[Pete]

That is not an issue unique to Oklahoma City. Happens all over America.

Yes, but my point is that OKC is in the process of adding hundreds of gas stations right now, with no apparent end in sight.

[Anonymous.]

I live in an apartment downtown with no charging capabilities in our garage. There is 4 EVs here - I honestly don't know where they're charging them. Maybe over at the Santa Fe station or at the new convention center.

[DowntownMan]

Yes, but my point is that OKC is in the process of adding hundreds of gas stations right now, with no apparent end in sight.

I’ve heard that oncue has an agreement to purchase property at Danforth and Coltrane. Doesn’t show them as current owner but sign does say corner lot sold

[Pete]

I’ve heard that oncue has an agreement to purchase property at Danforth and Coltrane. Doesn’t show them as current owner but sign does say corner lot sold

NE or SE Corner?

I'm guessing SE?

[DowntownMan]

ne or se corner?

I'm guessing se?

se

[Mowcowbell24]

True, Oncue caters to a lot of different types of customers. Just go to Oncue in the mornings and you see all the commercial vehicles/customers. I think electric is going to be extremely slow for commercial as the economics are no where near as good. That's where you will see more of a pivot to more CNG and diesel. I honestly don't widespread use of electric Amazon or UPS delivery trucks anytime soon.

The small guys will struggle, but that was true before the rise of electric vehicles.

I see a Rivian Amazon delivery truck practically everyday in my neighborhood. Seems like the perfect setup for a vehicle that makes frequent stops.

[Pete]

USPS Intends To Deploy Over 66,000 Electric Vehicles by 2028

[warreng88]

I forgot to post this, but I go to the 39th and almost Portland location about once a week. They have self checkout at that location. The first time I used it, they said they were going to be added to all of the stores. So far, I haven't seen them at any other locations.

[OKCDrummer77]

I forgot to post this, but I go to the 39th and almost Portland location about once a week. They have self checkout at that location. The first time I used it, they said they were going to be added to all of the stores. So far, I haven't seen them at any other locations.

They have it at the location at Hwy 66 & Kilpatrick, which is a much newer location that 39th & Portland.

[SEMIweather]

They have it at some of their oldest locations in the Metro as well - 59th & Western and 15th & Air Depot were both recently renovated to add in the self-checkout lanes.

[Pete]

They sure must make a ton of money on these places.

They've been spending a fortune on just land, keep buying more property and don't build on it for nearly a decade, obviously construct large-scale facilities, and they are constantly upgrading stores with new entrances, kitchen expansions, and now self check-out.

It would be interesting to know revenue and profit for a typical location.

[warreng88]

They have it at the location at Hwy 66 & Kilpatrick, which is a much newer location that 39th & Portland.

They have it at some of their oldest locations in the Metro as well - 59th & Western and 15th & Air Depot were both recently renovated to add in the self-checkout lanes.

That explains it. Those are not in my neck of the woods, so I haven't seen them.

[scottk]

I noticed the OnCue I frequent at 150th and May has removed the green "Top Tier" stickers from all the pumps. Hoping this is just a promotional change over?

I'm assuming OnCue is keeping their Top Tier Gas or did something change?

[MagzOK]

I noticed the OnCue I frequent at 150th and May has removed the green "Top Tier" stickers from all the pumps. Hoping this is just a promotional change over?

I'm assuming OnCue is keeping their Top Tier Gas or did something change?

Well that's not very comforting! I know Phillips66 is a top tier gas so as long as they are partnered wit that brand we should be good. I'll have to take a closer look at the one I frequent.

[NavySeabee]

Well that's not very comforting! I know Phillips66 is a top tier gas so as long as they are partnered wit that brand we should be good. I'll have to take a closer look at the one I frequent.

I think Top Tier is more of a marketing thing than anything else. Just like made in USA, Cerified Organic or zero sugar. I see Top Tier logos on at run down Valero and Alon Stations.

[foodiefan]

. . .off topic question. . .are the On Cue prices the same across all stations or do they vary from station to station (possibly due to traffic counts?)

[Pete]

. . .off topic question. . .are the On Cue prices the same across all stations or do they vary from station to station (possibly due to traffic counts?)

They vary and I suspect the biggest factor is the prices at stations on the same corner or very nearby.

[Jeepnokc]

This is purely speculative based on stuff I have read or heard over the years but pricing is based on what they paid and the cost to replace. ie...they buy 10,000 gallons one week when price is high...they have to sell that at a a certain price to recoup their cost. The station across the street doesn't need gas till a week later and gas price dropped so they get it .10 cheaper per gallon resulting in them being cheaper for a while until the first station can get rid of their higher cost gas.

Anyone in the business that can explain how it really works as I am curious. I was in Tonkawa last week and the station across the street was .50 higher per gallon for gas and there still were a few cars there.

[Pete]

At NE 23rd and Santa Fe, OnCue planning to add 4 additional gas pumps to the north and extend the existing canopy to cover them.

Clearly, they aren't worried about EVs taking over from gas anytime soon.

[Snowman]

At NE 23rd and Santa Fe, OnCue planning to add 4 additional gas pumps to the north and extend the existing canopy to cover them.

Clearly, they aren't worried about EVs taking over from gas anytime soon.

I have heard estimates it is around 20 years after an ICE vehicle is sold it would be off the road, even the aggressive political pushes are aiming for new sales to be 100% EV around 2035, so even if that were to happen may be beyond the lifecycle of the pumps anyway. Plus their have been various critiques about 2035 being unlikely due to issues ranging from power distribution to several base materials in EVs only have a small fraction of what would be needed mined per year.

[Rover]

I have heard estimates it is around 20 years after an ICE vehicle is sold it would be off the road, even the aggressive political pushes are aiming for new sales to be 100% EV around 2035, so even if that were to happen may be beyond the lifecycle of the pumps anyway. Plus their have been various critiques about 2035 being unlikely due to issues ranging from power distribution to several base materials in EVs only have a small fraction of what would be needed mined per year.

On a lot of my consulting jobs where I created business plans, I used to say that I can fairly well predict what is likely to happen, but I am less sure about WHEN it will happen. There are a lot of extenuating circumstances regarding changes as radical as going electric from ICEs. Price of oil, for one. A full out war in the ME and crude at $200 would likely catapult the EV business. Breakthroughs in battery technology, power distribution, etc., etc. Most will happen, it is just when. And politics has little to do with it. Economics and demand will rule over time. Other influences will come to bear too.

[Dob Hooligan]

This is purely speculative based on stuff I have read or heard over the years but pricing is based on what they paid and the cost to replace. ie...they buy 10,000 gallons one week when price is high...they have to sell that at a a certain price to recoup their cost. The station across the street doesn't need gas till a week later and gas price dropped so they get it .10 cheaper per gallon resulting in them being cheaper for a while until the first station can get rid of their higher cost gas.

Anyone in the business that can explain how it really works as I am curious. I was in Tonkawa last week and the station across the street was .50 higher per gallon for gas and there still were a few cars there.

There an old C-store with gas owned by one of the old timer fuel distributors on the corner. Across is a 7-11. C store renter lady would call distributor a couple times a day, tell them the 7-11 price, and then distributor would tell her whether to change the price.