April 18, 2014 4:09 PM ET

Specialty Retail

Company Overview of Chestnut Petroleum Distributors, Inc.

Company Overview

Chestnut Petroleum Distributors, Inc. operates gas and convenience stores to market and distribute petroleum in retail and wholesale markets in New York, New Jersey, and Connecticut. It offers fuel, as well as food and refreshing drinks, such as roasted natural coffee, natural spring water, donuts, deli sandwiches, fresh hot dogs, and snacks and drinks. Chestnut Petroleum Distributors was founded in 1981 and is based in New Paltz, New York.

536 Main Street

New Paltz, NY 12561

United States

Founded in 1981

Phone:

845-256-0162

Fax:

845-255-2305

Key Executives for Chestnut Petroleum Distributors, Inc.

Chief Executive Officer and President
Chief Financial Officer
Chief Operating Officer
Vice President of Sales
Compensation as of Fiscal Year 2013.

Chestnut Petroleum Distributors, Inc. Key Developments

Chestnut Petroleum Distributors, Inc. Agrees to Pay $50,000 in Penalties

As part of his ongoing probe of high gasoline prices in the wake of Hurricane Sandy, Attorney General Eric T. Schneiderman announced that he has reached a settlement with Chestnut Petroleum Distributors, Inc. The company agreed to pay $50,000 in penalties for charging unconscionably excessive prices at six stations that it owns in Westchester, Putnam and Ulster counties. The CPD settlement represents the largest penalty paid by a single operator for price gouging on gasoline after Hurricane Sandy.

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