LYCO FUELS

 

Gasoline Alley

 

Lyco Transport

 

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After graduating from the University of Kentucky, David O. Lykins, Jr. formed Lykins Enterprises, Inc. in 1977.  He started his career in the petroleum business by being an Ashland Oil agent, with one small tankwagon.  After two years, and being confined to only one county by Ashland Oil, Inc., he decided to go on his own as an independent jobber.  The following four years he grew from zero gallons to over twelve million  gallons annually.  He realized  that buying from oil companies on ten day terms, and selling to customers on thirty day terms soon caused a cash flow crunch.  The answer to this dilemma was to sell his product for cash, which led to the construction of his first convenience store in 1983.  After continually  being  confused with Lykins Oil (no relation) of Milford, Ohio  he decided to change the name of the wholesale division to Lyco Fuels.  Over the years the company has delivered fuel to river boats, freight trains, schools, coal mines, power plants, country grocery stores, bluegrass horse farms and everything in between.  This wealth of experience has led to the company having customers from Pikeville, Kentucky to Broadway Street in downtown Lexington. The company now specializes in branding convenience stores, however commercial accounts are still a very important part of our business.  The company has grown from buying only unbranded  products, to having jobberships with two of the leading petroleum companies in the world.  We are proud to represent Shell and Chevron.  The one convenience store has now grown into a sixteen store chain, known as Gasoline Alley.   David O. Lykins, Jr. remains the CEO of Lykins Enterprises, Inc. and his son David "Trey" Lykins directs the operations of the Gasoline Alley  stores.  His son Matthew heads up the wholesale division of Lyco Fuels.  Terry Tipton, formerly with Apollo Oil, has joined our team, specializing in branding convenience stores.  Mark Ruggles, an eleven year employee, heads up the Lyco Transport division.  The company's direction today is growing the  Shell and Chevron brands, by branding convenience stores.  The company is  located on a ten acre complex at 3197 AA Highway Maysville, Kentucky.

 

 

 

 

 

 

 

 

 

 

 

 

 

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