and when the wholesale spot price is higher than yesterdays retail price a station is supposed to do what?- lose so much money they go out of business? The cost and the shortage due to refinery problem is a problem for a great lakes region marketing area- the spot wholesale price from a New Jersey refinery for a tanker truck is less- but that will require a thousand mile delivery charge. Midwest are served by that refinery will have a pocket hit for next month or so. Last night was $3.49 gallon for non ethanol premium at a Dubuque station and day before was $3.19 Kwik Trip- I need that non ethanol fuel for old motorcycle. This is about like situation in California a few years back when pipeline was down from Texas fields to southern California markets- dollar a gallon pump price jump in 3 days. Shutdown refineries for a couple days when hurricane goes up east coast and next 2 weeks has $.50 to $1.00 higher at pumps that are open. Price controls for retail price without wholesale fuel available giving a workable margin has happened a few times- result is most stations shut off the pumps after the fuel in tanks at the profitable or at least break even price is gone- I think of Chicago during first OPEC action 1970s when trying to do deliveries. $4.00 gallon around Madison, Wisconsin area was only couple years back so most drivers will know enough to cut back and car pool or get out the motorcycles. RN
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Today's Featured Article - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
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