Here in Adelaide all the Mobil sites have become OTR's (On the Run)which is a consortium that now controls all the BP sites along with Mogas and several independents. Woolworths are getting out of the fuel business and those sites are transferring over to BP which will progress across to Shahin's group of OTR (Peregrine Group) So all we have here now is Coles Express, a few Caltex sites and the occasional independent sites with United and Liberty slowly getting pinged off and becoming OTR's. The Peregrine Group will surely own well over 65 percent of the fuel selling market along with Brumby's Bakery, Smokemart, Wok in a Box, Happy Wash and Krispy Kremes outside of Victoria.
One thing that does puzzle me though and that is why is Mobil still putting so much cash in to the now defunct Holden Racing Team (now HSV Walkinshaw Racing) being their major sponsor and only selling a bit of Mobil 1 oil ?
Cheers,
BB.
