b"100 Years: 1919-2019 15 Years Ago Events to Remember2004 (APR/Spring WPMN) WPMA President Benny Hodges of Hodges Oil Co Inc in Belen, New Mexico, My report to you is . that [2004] was a successful convention. A convention, which I believe, meets the standard for success, from a number of perspectives. It is, by design, intended to accommodate as many varied interests as possible, while simultaneously maintaining a broad and generic focus, with a full appreciation that it cannot serve all masters . proved beneficial to you and your company.Congratulations went out to Norm Sather, WOMA member who was selected as the 2004 WPMA Hall of Fame recipient at February's WPMAEXPO.Gerry Tedrow, WPMA Chief ED (GT) on A Primer on Gasoline Prices published by the Energy Information Administration.Spring 2014WPMN Clip It is an excellent publication that answers manyof the Petro Fund program was conducted questions from the public as to what goes into theby legislative auditors, with several formal price of gasoline and why prices fluctuate. recommendations being made to the Board. Petro Pete: I believe in sharing the wealth. Recommendation #3 directs the Board to That is why Im broke. conduct analyses and make recommendations (GI) EPAs revisions to the SPCC regulations wouldon fund management for the regulation and take effect August 17th. Marketers had only untilfinancial assurance of aboveground storage then to revise their spill plans to comply with thetanks. Currently . aboveground tanks are not 2002 SPCC revisions.regulated by the Department of Environmental WMI: (DL) As health care costs continue to rise atQuality and not required to be registered. The the highest rate in more than a decade, employersother recommendation that causes concern search for ways to regain control of this skyrocketingis #10, which recommends the legislature to business expense. One option that is gainingoutline steps to transition Petrofund coverage in popularity among larger employers involvesto private insurance.self-insuring, or self-funding, a component of theirNV: (PK) highlighted several referendums employee benefits. and an initiative petition being circulated HI: Brian Barbata, Jobberreviewed Act 77 tostatewide in hopes of garnering enough cap the wholesale and retail prices of gasoline thatsignatures to place them on the November was deferred until July 2004. Hawaii jobbers nowballot. (PK) Nevada is quickly following find themselves in a fight for survival in the secondCalifornia by having our public policy ques-half of this legislative session . Jobbers have beentions decided by initiative or referendum at the lumped with refiners in Act 77 as well as in currentballot box . It is my belief this is a bad way to proposed amendments to the law. This means thatgovern Nevada.jobbers and refiners must share in the wholesaleThe Scholarship Foundation raised over margins allocated by the price cap law and there is$20,000 from the conventions Silent Auction. simply not enough margin to be shared betweenAll the proceeds from the auction were used refiners and jobbers . most jobbers in Hawaii couldto help fund the eight $4,000 scholarships be put out of business for good . So, why should($32,000) in 2004.WPMA members elsewhere care about this littleNM: (RB) reviewed the 30-day legislative state out in the middle of the Pacific? . your legisla- session.This made the session one of the tors are very likely to use Hawaii as an example ofmost hectic and busiest 30-day sessions I have how price control could be implemented in YOUR state . Our battle is your battle. ID: (SB) What a difference a year makes. For marketers, the comparison between the 2003 and 2004 sessions couldnt be more striking. For the first time in three years, marketers have dodged the bulletat least with the legislature, in that there has been very little on the legislative agenda that impacts the industry. Spring 2014MT: (RA) It seems like weve talked a lot about theWPMN Clip Petro Fund but then there have been many new de-velopments in the last year as a result of legislation passed in the 2003 session. A performance audit WPMA News / Spring 2019continued on page 30 27WN19 Spring 17-48.indd 27 3/27/19 10:41 AM"