Transcript: EXXON - MOBIL MERGER CONCERNS:CHARLES SHOTMEYER

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Testimony of Charles Shotmeyer on behalf of the Fuel Merchants Association of NJ (FMA) before the Subcommittee on Energy and Power Thursday, March 11, 1999

The Implications of the Exxon-Mobil Merger

My name is Charles Shotmeyer, President of Shotmeyer Bros. Petroleum Corp. of Hawthorne, NJ, a 70 year old fan-lily owned business distributing Mobil products.

The first station to sell Mobil gas, then Socony-Vacuum, in New Jersey after the Standard Oil breakup, was owned by my dad and uncle when the market was dominated by Exxon, then Standard of New Jersey. Our business was built station by station to become a significant factor in the eight counties of Northern NJ. ...

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