Business & Finance: Oil Ethics

To the U. S. oil industry there came last week a code of ethics. Concerning only the marketing of oil, the code consisted of 19 articles, most of which dealt with relations between "refiner, wholesaler, distributor and jobber" and the "retailer." As gasoline is by far the most important petroleum product, particularly for U. S. consumption, the "retailer" is usually the filling station owner and the code deals chiefly with unfair methods of securing filling station distribution. It says that the wholesaler should not lease pumps, tanks or other equipment; should not pay...

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