Book Description

Investigates costs for refining and distributing gasoline to wholesale and retail outlets, to ascertain if petroleum industry is destructively competitive, as allegedly reflected in periodic "price wars" where gasoline is marketed without benefit of a fair profit. Examines complex competitive problems facing small, independent producers vis-a-vis large-scale producers; pt.2: Includes Mid-Continent Independent Refiners Association's "Petition for a Trade Regulation Rule for the Marketing of Gasoline," Mar. 1964 (p. 1033-1749).