D.C. gas mogul Joe Mamo finds increasing support of business model from council
http://dervishcom.blogspot.com/2011/09/dc-gas-mogul-joe-mamo-finds-increasing.html
A D.C. Council effort to break up what some members call a near monopoly of the local gasoline market has stalled as a result of aggressive lobbying on behalf of Eyob "Joe" Mamo — whose company owns, operates or supplies 164 stations in the Washington area.
As the primary owner in Capitol Petroleum Group, Mamo has built a regional powerhouse in the fuel market, netting $778 million in revenue last year. And in May, as area gas prices soared past $4 a gallon, council member Mary M. Cheh (D-Ward 3) sponsored antitrust legislation to break Mamo's grip in the District by banning wholesalers from also owning retail service stations.
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Source: http://feeds.washingtonpost.com/click.phdo?i=2ccb82f1e5799726a27434b742a3ff82
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