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April 20, 2016

Japan operates the global 7-Eleven business with over 58000 stores


"Seven and I Holdings...at first, the company operated 7- Eleven stores only in Japan. In 1991, the Japanese company then known as Ito-Yokado acquired the US operator of 7-Eleven stores. The global 7-Eleven business is now fully owned by Seven and I Holdings, with its more than 58,000 convenience stores worldwide"



Source: 7-Eleven boss falls on sword as Loeb wins board battle, 
By Megumi Fujikawa and Kosaku Narioka,
The Wall Street Journal
The Weekend Australian
April 9-10, 2016, page 33.




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April 19, 2016

Japan has a minimum 150 day crude oil supply in storage


Gasoline prices Japan Copyright 2007
Picture: Gasoline prices Japan 




"Countries including Japan and the US have a mandated 150-day minimum fuel supply in storage and more when crude oil stocks are considered."



Source: Doubts over Australia's fuel security as bureaucrats admit not knowing reserves 
By Heath Aston February 6, 2015 
The AGE Newspaper 
http://www.theage.com.au/federal-politics/political-news/doubts-over-australias-fuel-security-as-bureaucrats-admit-not-knowing-reserves-20150205-1366vq.html