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And so we have to look at those two hand in hand to maintain that position. With 2018 posing a higher-price environment in terms of overall fuel prices and inflation, Clyde said the weaker players tend to price up more quickly and create the environment where the bottom-of-market [competitors] can increase pricing and preserve margin there

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As described in Thursby and Thursbys 2000 paper, commercial smuggling primarily occurs either by diversion or over-the-road.[*] Diversion involves the manipulation of accounting records, reporting only a portion of legal sales