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Posted on August 11, 2010 | tags

 
 

Biz: BP station owners caught between a rock and a hard place

  • rockDue to the oil spill, many individual station owners have seen business fall flat – some as many as 50 percent, but most around a more modest 5 percent after an early freefall in sales.
  • hard placeHowever, despite the stations mostly not being owned by BP, many owners have a contract with the company for 15-20 years that could lead to heavy fines if the contract’s broken early. source