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<blockquote data-quote="Frankie" data-source="post: 375794" data-attributes="member: 13"><p>Who cares what you do for a living. I AM educating you where your dollars are going. You just don't like it. Anyone can read the article and see exactly what I see.</p><p></p><p>The newspaper article, from industry sources says "Refinery margins, the difference between the wholesale price of gasoline and crude oil costs, <strong>are a widely accepted gauge of refinery profits </strong>— even though they don't account for all the costs of producing fuel. <strong>The margins in recent weeks have surprised even veteran observers of the industry</strong>.</p><p></p><p>"They've been outrageous," said Lewis Adam, president of Admo Energy, a Kansas City company that helps companies manage the risk of volatile fuel prices.</p><p></p><p>Earlier this month, those margins briefly kissed 95 cents per gallon. Although they have since subsided, they were at 64 cents per gallon on Wednesday, according to WTRG Economics, a private energy consulting firm. <strong>That is roughly three times the typical level for this time of year</strong>."</p><p></p><p>CC has said they "target" .01 per gallon, looking at these figures, I seriously doubt that's what they're making. In fact, the industry average is about .20, 20 times his "target." It's greed folks. These companies were making a good profit five years ago, they're gouging the American public today.</p></blockquote><p></p>
[QUOTE="Frankie, post: 375794, member: 13"] Who cares what you do for a living. I AM educating you where your dollars are going. You just don't like it. Anyone can read the article and see exactly what I see. The newspaper article, from industry sources says "Refinery margins, the difference between the wholesale price of gasoline and crude oil costs, [b]are a widely accepted gauge of refinery profits [/b]— even though they don’t account for all the costs of producing fuel. [b]The margins in recent weeks have surprised even veteran observers of the industry[/b]. “They’ve been outrageous,” said Lewis Adam, president of Admo Energy, a Kansas City company that helps companies manage the risk of volatile fuel prices. Earlier this month, those margins briefly kissed 95 cents per gallon. Although they have since subsided, they were at 64 cents per gallon on Wednesday, according to WTRG Economics, a private energy consulting firm. [b]That is roughly three times the typical level for this time of year[/b]." CC has said they "target" .01 per gallon, looking at these figures, I seriously doubt that's what they're making. In fact, the industry average is about .20, 20 times his "target." It's greed folks. These companies were making a good profit five years ago, they're gouging the American public today. [/QUOTE]
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