Company-open automotive outlet

{
  "id": "MLC-T-ENE-000368",
  "term": "Company-open automotive outlet",
  "field": "Energy",
  "definition": "One of three types of company automotive (retail) outlets. This type of outlet is operated by an independent marketer who owns or leases (from a third party that is not a refiner) the station or land of a retail outlet and has use of tanks, pumps, signs, etc. An open dealer typically has a supply agreement with a refiner or a distributor and purchases products based on either rack or dealer tank wagon prices.",
  "references": [
    "EIA Glossary"
  ],
  "url": "https://mlchart.com/terminology/energy/company-open-automotive-outlet/"
}