Publications

July 01, 2008

Author: Walter G. Wright
Source: The Canopy

The Arkansas petroleum marketer or jobber must address a number of difficult issues in operating a wholesale or retail facility. The challenges may range from interpreting complex motor fuel tax regulations to avoiding violations of confusing federal/state employment laws. Equally difficult may be the acquisition of capital and/or the return on investment necessary to obtain or successfully operate high-traffic count retail motor fuel properties. Nevertheless, the issue that has arguably posed the greatest combination of complexity, risk, and cost for the Arkansas petroleum marketer or jobber for the last 25 years has been the operation of underground storage tanks (“USTs”).

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