Re: Not 50%
@John Miles 1 That isn't far-off how the fuel markets operate in the UK. Distribution is very regional - a fuel depot will usually only have a couple of companies providing product for the five or six forecourt operators. Kingsbury, near Birmingham, is a fairly typical example; all of the major fuel brands are represented but they all draw fuel from either BP or Valero (Texaco). This situation is pretty commonplace because fuel companies want to avoid the huge infrastructure costs involved in building and operating their own refineries and terminals and would rather use the market to buy and sell to/from their competitors.