WATCHING THE WORLD FORECOURT FIGHT GETS TOUGHER

With David Knott from London One of the many unpleasant aspects of the 1980s was encapsulated in the yuppie slogan, "When the going gets tough, the tough go shopping." It seems oil companies are modifying this for the 1990s along the lines of "When the oil price falls, majors go retailing." For example, in Australia in the 1970s oil companies began to put convenience stores on their forecourts so customers could buy milk, bread, pet food, and snacks when they filled their gasoline tanks.

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