Welcome to the U.S. Energy Information Administration reveiw of aspects of the Marathon Oil's, which already owns 62 percent, acquisition of Ashland Corporation's 38-percent share of their Marathon Ashland Petroleum joint venture, which was created January 1, 1998, for about $1.1 billion in cash and stock and the assumption of $1.9 billion of debt. For additional information, please call the National Energy Information Center at (202) 586-8800.

U.S. Motor Gasoline Retail Outlets, Marathon Ashland Petroleum Joint Venture, State-Level Detail

(Number)
State Speedway/
SuperAmerica*		 Marathon
Ashland
Petroleum		 Total State Total Percentage of
State Total
Speedway/
SuperAmerica		 Marathon
Ashland
Petroleum		 Total
Connecticut       1,576      
Delaware       380      
District of Colombia       95      
Florida   183 183 9,409   1.9% 1.9%
Georgia   142 142 7,585   1.9% 1.9%
Maine       1,461      
Maryland       2,385      
Massachusetts       2,600      
New Hampshire       943      
New Jersey       3,200      
New York       6,352      
North Carolina   37 37 7,371   0.5% 0.5%
Pennsylvania   41 41 4,611   0.9% 0.9%
Rhode Island       503      
South Carolina   8 8 3,990   0.2% 0.2%
Vermont       950      
Virginia   66 66 4,896   1.3% 1.3%
West Virginia   112 112 1,440   7.8% 7.8%
    PADD I Total   589 589 59,747   1.0% 1.0%
 
Illinois   360 360 4,700   7.7% 7.7%
Indiana   587 587 3,000   19.6% 19.6%
Iowa       2,433      
Kansas       2,373      
Kentucky   433 433 3,734   11.6% 11.6%
Michigan   838 838 5,172   16.2% 16.2%
Minnesota   87 87 3,711   2.3% 2.3%
Missouri       4,600      
Nebraska       1,643      
North Dakota       835      
Ohio   747 747 5,568   13.4% 13.4%
Oklahoma       4,254      
South Dakota       1,102      
Tennessee   84 84 4,918   1.7% 1.7%
Wisconsin   119 119 3,300   3.6% 3.6%
    PADD II Total   3,255 3,255 51,343   6.3% 6.3%
 
Alabama   3 3 5,468   0.0% 0.0%
Arkansas       2,925      
Louisiana       3,179      
Mississippi       3,655      
New Mexico       1,558      
Texas       16,515      
    PADD III Total   3 3 33,300   0.0% 0.0%
 
*: State-level information for Speedway/SuperAmerica not disclosed and unavailable.
Note: Data are for the year 2002.
Source: National Petroleum News, Market Facts 2003 (mid-July 2003), pp. 36-44, and 102.

Last Updated on March 19, 2004
By Financial Analysis Team, Office of Energy Markets and End Use, Energy Information Administration
Email: neal.davis@eia.doe.gov