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A jobber is a person or company that purchases quantities of refined fuel from refining companies (e.g. BP, Shell, Exxon), either for sale to retailers (e.g., gasoline stations), or to sell directly to the users of those products (e.g., home heating oil to homeowners, lubricating oils to industrial operations or repair shops, jet fuel to FBOs, etc.). In essence, the jobber acts as the "middleman" between the company that refines the petroleum products and those that either use them or market them at retail prices. The jobber often owns the gasoline being sold, and the station it is being sold to, but allows an operator to lease the store.
Additional recommended knowledge
In 2001, 44.3% of all gasoline in the U.S. was sold through jobbers. Approximately the same percentage was sold through integrated oil company owned and operated stores or franchise arrangements. The percentage of jobbers responsible for fuel sale in the USA in 2004 fell to 37.3%.
|This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Jobber_(fuel)". A list of authors is available in Wikipedia.|