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Retail margin loses again
Deal part of company’s expansion efforts in the Southeast
Distributor sells bulk fuels, wholesale fuels and electricity businesses
Legislation 'lays the groundwork' for private investment in the future, industry associations say
Downstream margin losses protecting consumers
… But refiners, retailers in decent defense position
President Biden directs DOE, DOT, EPA, IRS emergency actions
Deal creates integrated downstream petroleum company supplying 1,600 stations, with plans to grow network
Oil, COVID and Ida fight for gasoline price control
Marketers, retailers hope it flows downstream