Petroleum Marketing Practices: Hearing Before the Subcommittee on Fossil and Synthetic Fuels of the Committee on Energy and Commerce, House of Representatives, Ninety-ninth Congress, First Session, on H.R. 2406 and H.R. 3338 ... December 5, 1985, Volume 4U.S. Government Printing Office, 1986 - 254 pages |
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Page 19
... profit margins for anyone . And it does not protect or promote inefficient gasoline market- ing . It is not anticompetitive or anticonsumer . And it certainly does not establish any additional regulatory procedures or bureau- cratic ...
... profit margins for anyone . And it does not protect or promote inefficient gasoline market- ing . It is not anticompetitive or anticonsumer . And it certainly does not establish any additional regulatory procedures or bureau- cratic ...
Page 34
... profits made . During this era , branded independent marketers generally were aligned with a single supplier . The marketer was intensely loyal to that supplier and would never consider buying product from more than one source . Private ...
... profits made . During this era , branded independent marketers generally were aligned with a single supplier . The marketer was intensely loyal to that supplier and would never consider buying product from more than one source . Private ...
Page 35
... Profits Tax and the erosion of the oil depletion allowance turned the industry upside down . Now much of crude oil production was being taxed at a rate of 70 percent . It takes no genius to realize that it would be more profitable for a ...
... Profits Tax and the erosion of the oil depletion allowance turned the industry upside down . Now much of crude oil production was being taxed at a rate of 70 percent . It takes no genius to realize that it would be more profitable for a ...
Page 36
... profit centers such as C - stores , car washes and quick lube centers . Second , marketers recognized that they must maximize their efficiency by reducing their costs per gallon of operation . According to a study just completed by PMAA ...
... profit centers such as C - stores , car washes and quick lube centers . Second , marketers recognized that they must maximize their efficiency by reducing their costs per gallon of operation . According to a study just completed by PMAA ...
Page 38
... profit to justify the transaction , then the purchase is not economically justified . However , if the refiner / supplier threatens to terminate the marketer's entire contract if he fails to purchase the product , then the marketer may ...
... profit to justify the transaction , then the purchase is not economically justified . However , if the refiner / supplier threatens to terminate the marketer's entire contract if he fails to purchase the product , then the marketer may ...
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Expressions et termes fréquents
Amoco Amoco Oil Company antitrust bill blue widget changes classes of trade company-operated stations competition CONGRESS THE LIBRARY constructive termination consumer costs courts crude oil customers dealers and jobbers decontrol distribution distributors economic efficient enabled the franchisee enacted Exxon failure fair and reasonable franchise agreement franchise relationship franchisee to compete franchisee's franchisor gallon gasoline marketing independent marketers industry JERRY FERRARA legislation LIBRARY OF CONGRES LIBRARY OF CONGRESS Marathon Petroleum Company margins market area Marketing Practices Act McDONALD motor fuel marketing motorist offer operated stations percent Petroleum Marketers Association Petroleum Marketing Practices PMAA PMPA predatory pricing price discrimination profit proposed amendments provisions purchase RAUSCHER reasonably enable refineries renewal require result retail outlets retail price Robinson-Patman Act Section 3(g sell service station sold statement subcommittee supplier supply SYNAR SYNTHETIC FUELS TAUKE termination or nonrenewal Texaco third party trademark underlying lease uneconomic unfair volume wholesale
Fréquemment cités
Page 54 - Fuel Merchants Association of New Jersey New Mexico Petroleum Marketers Association Empire State Petroleum Association North Carolina Petroleum Marketers Association Northwest Petroleum Association Ohio Petroleum Marketers Association Oklahoma Oil Marketers Association Oregon Petroleum Marketers Association Pennsylvania Petroleum Association, Inc. South Carolina Oil Jobbers Association South Dakota Petroleum Marketers Association Tennessee Oil Marketers Association...
Page 54 - America represents the independent petroleum marketers who are members of these state and regional trade associations: Alabama Oilmen's Association Arizona Petroleum Marketers Association Arkansas Oil Marketers Association, Inc. California Independent Oil Marketers Association Colorado Petroleum Marketers Association Independent Connecticut Petroleum Association Florida Petroleum Marketers Association...
Page 30 - These stations, whether they are operated by a refiner or a marketer, are generally self service and usually offer ancillary services such as convenience store items or a car wash. Marketers who operate exclusively through such stations are known as "chain retailers*.
Page 154 - ... the result of determinations made by the franchisor in good faith and in the normal course of business; and (ii) such failure is not the result of the franchisor's insistence upon such changes or additions for the purpose of preventing the renewal of the franchise relationship.
Page 30 - ... the marketer purchases the product, he can distribute It In several ways. If he has a franchise agreement with his refiner/supplier, he can resell the product to a service station dealer to whom the marketer also offers a franchise agreement. In many Instances, as with refiners, the marketer will own the station and the franchise agreement will Include the lease of the station. Like a refiner, a marketer may also decide to sell the product at a station or outlet he owns and operates. Such stations...
Page 16 - Subparagraph (B) of section 613A(c)(9) (relating to exceptions to the transfer rule) is amended by striking out "or" at the end of clause (i), by striking out the period at the end of clause (ii) and inserting in lieu thereof ", or", and by adding at the end thereof the following new clause: "(iii...
Page 48 - Title -2III which prohibited subsidization of downstream operations with upstream profits. That provision was dropped in the House committee markup, but was retained in a modified version by the Senate Energy Committee . The full Senate deleted Title III and substituted in its place a study of the problem by the Department of Energy. Clearly , while final language was never approved , the interlinking of price and supply is not a new concept within the parameters of the Petroleum Marketing Practices...
Page 19 - I look forward to hearing from our witnesses today, and I look forward to discussing these issues and the way we can address prevention needs for the future.
Page 46 - Secatore's, Inc. v. Esso Standard Oil Co., 171 F. Supp. 665 (D. Mass. 1959) (claim that plaintiff could increase its profits by the amount of the differential was speculative).
Page 189 - ... franchise relationship is likely to be uneconomical to the franchisor despite any reasonable changes or reasonable additions to the provisions of the franchise which may be acceptable to the franchisee...