New Jersey officials vote to suspend licenses of local Lukoil gas stations amid consumer protests.
Still, the Newark measure is likely to have a bigger impact on Americans than on Russians. That's because most the 230 Lukoil-branded gas stations in the U.S. are mostly franchises owned and staffed by locals. The gasoline sold at the two Lukoil stations in Newark comes from a local refinery operated by Phillips 66, a U.S. company based in Houston, Texas.
The idea of having his business license yanked left one franchise owner confused and concerned for his 16 employees. "I stand with Ukraine and I'm full in support of Russian sanctions, however I am baffled and confused how shutting down an American-based small business owner is sending a message to support," Roger Verma,"It doesn't hurt Lukoil and it doesn't hurt Russia," said Sal Risalvato, executive director of the New Jersey Gasoline, Convenience Store and Automotive Association.
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