What Does Exempt Mean, Anyway? Fund Forum Five years have passed since the imposition of new requirements for Exempt Reporting Advisers under the Dodd-Frank Act.
Forty years ago, gas shortage hit hard. Fred Norris remembers well the gas shortage of 1973. He was owner of Norris Brothers BP on Alamance Road in Burlington. It was a mess, Norris said, recalling peoples reactions to not being able to fill the tanks of their beloved Furys, Impalas, LTDs and other big rides.
As Clarence Davis prepared to fill up at a Bedford gas station in August, he noticed a tanker truck nearby refilling the tank. He bought gas anyway. Immediately afterward, he says, his car's engine sputtered and died. He took it to a repair shop and was told he had purchased gas that probably contained water. He went back to the station outside a Kroger on Harwood Road and filed a complaint. He also filed one with the Texas Department of Agriculture.