b'OCT 1987 WPMNClip200 Years: 1822-2022 Events to Remember1987 (OCT WPMN) (JW)NV: (DD) Divorcement50 Years AgoRetail Divorcementwas a hot issue in the Nevada Leg- 1972 [Aug Intermountain centered around twoislature. Bill A. B. 420 required a form of divorcement.Oil Marketers News (IOMN)] questions: (EMA) reported that the distribution of marketer refundWPMA President RL (Bob) Franklin OC 1. Should thechecks in an amount of $20 million from refiners was T 1987WPMN C Jr. (RLF) of Franklin Oil Company majors/refiners bedelayed due to a last-minute appeal from APEX Oil Co.in Caldwell, ID The Advantage of a restricted or cur- UT: (GS) Utahs Attorney General proposed a law thatRecession is the incentive it creates over Cliptailed in directlywould tighten Utahs anti-trust laws, but the Utah for cutting costs, reducing waste and operating their own outlets? association was successful in defeating this measure inthinking twice before incurring extraAUG 1972 IOMN C2. Should the question of unfair competi- the Senate after it had passed the House.obligationsIronically, the easiest placesover Clip tion between majors, jobbers and dealers be addressedWA: (DW) The brouhaha over the proposed switch byto cut can be the worst, from a future-growth point of through legislation? Joes position was that we shouldthe Department of Licenses to invalidate most jobbersview. Temptation is strong to pare the advertising budget carefully avoid any changes that would bring aboutlicense to buy ex tax and move the license to the first sale which can have the same effect on next years income. government control and restrictions, and that jobbersof product has grown into a crescendo of outraged jobbersDeferring maintenance can boomerang by increasing should promote more open communication betweenand legislators. downtime when production spurts are needed. And cutting themselves, refiners and retail dealers. Mobil Oil announced that it would not renew marketerpayrolls through attrition can turn away new skills and ID: (FS) Dunn & Bradstreet said Idahos economy was incontracts to those marketers who sold less than 600,000talent that may be hard to hire when the cycle changes.trouble. While the national rate of business failures wasgallons a year. Listed on the active past president 6.6%, Idaho had an astounding rate of 209%.1987 (Oct) The unemployment rate dropped belowboard were Howard Williams (1953); MT: (RA) An environmental firm from Bozeman was6% for the first time since 1979. Neal Olson (1955); Denton Dunn, Sr.; selected by the state to conduct a study for a tank installers(Oct 19) Black Monday: Stock market levels fell sharply onForde Johnson, Sr. (1960); Ora Jensen certification program. The long-term cost of Montanas USTWall Street and around the world. (1961); William Holt (1962); John program was difficult to estimate, as programs were justHampsten, Sr. (1964); Richard Serpa underway, and the extent of the underground tank problem(Oct 26) The Dow Jones Industrial Average went down(1965); William Roderick, Sr. (1966); was not completely known. 156.83 points; at the time it was the second largestMark Hone (1967); Joe Clements (1968); M Ted Karren decrease ever (trailing Black Monday). (1969); and E Jay Whiting (1970-71).WPMA News / Fall 202251'