CNMI BILL SEEKS TO LEVEL FIELD FOR GAS DEALERS

SAIPAN, CNMI (Marianas Variety, Jan. 2) - The House Commerce Committee is reviewing legislation that would "eliminate anti-competitiveness and destructive operations" in the wholesale and retail gasoline market by providing protection to independent dealers.

Under H.B. 13-132, which was introduced by Rep. Andrew S. Salas, R-Saipan, no producer or refiner of petroleum products would be allowed to open a "major brand, secondary brand or unbranded retail service station...and operate it with company personnel, a subsidiary company commissioned agent or under a contract with any person, firm or corporation, managing a service station on a fee arrangement with the producer/refiner."

According to the bill, "a need exists to eliminate anti-competitiveness and destructive operations within the wholesale and retail gasoline market created by service stations directly operated by producers or refiners."

The bill states that since May 1994, the number of independent service station dealers "has vastly diminished in number due to anti-competitive force in the marketing of gasoline."

January 3, 2003

For additional reports from the Marianas Variety, go to PACIFIC ISLANDS REPORT News/Information Links: Newspapers/ Marianas Variety. 

Rate this article: 
No votes yet

Add new comment