The petroleum marketing industry has seen substantial M&A activity, with assets getting rebranded or with an eye toward rebranding down the road.
The industry trend that resulted in large, integrated refiners divesting their retail assets in the early to mid-2000s left far more retail fuel sites owned by distributors/jobbers and/or dealers who have greater flexibility to rebrand them. This shift in ownership–from integrated refiners to distributors/jobbers or station dealers–has significant import to franchisee dealers and their ability to own and control their own properties.
American Bar Association
Section of Environment, Energy and Resources
Name: Stuart A. Schwager
Title: Petroleum Marketing Attorney
Email: [email protected]