Re: O/T Gas Prices

Posted by MN Bob on May 23, 2007 at 06:54:24 from (24.179.176.104):

In Reply to: O/T Gas Prices posted by Gary in TX on May 23, 2007 at 05:54:36:

If the oil companies make 8 cents a gallon, its too much. Exon reported 9+ BILLION profit for the last quarter, 3 months. That is profit. Sometimes the stations here have had fines because they sold cheaper than the 8 cents over cost that the state mandates. Right now I think they are making up for it in high profits, about 30 cents a gallon for regular over delivery cost. Probably cost 6 or 7 cents for overhead.
Dont we get more oil from South America than the middle east? And I believe Canada is the largest suppplier for M. MN. Anyone got the stats?

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