Minimum Markup Law

It looks as though the Republicans are going to do the right thing and repeal the Minimum Markup Law for gasoline. (SB 215)

For those that may not know what this law is, it was a State mandate that prohibited “loss leaders” and required gas stations to mark up their fuel 9.18% above their cost. Additionally the law required wholesale dealers of motor fuel to mark up their product by 3%.

With Governor Doyle crying over oil companies making money will he do the right thing and sign this bill into law? If not, what does that say about “Diamond” Jim?

0 comments to "Minimum Markup Law"

gopfolk's shared items

Shared Science News

Blog Archive


Web hosting for webmasters