Actually, it is the fault of the accounting rules permitted for the oil companies. They are allowed to take profit as a percentage of their
"cost of goods sold" : as their per gallon price goes up, their profit goes up proportionally, even though it costs them no more to PROCESS a costly gallon than a cheap one.


Filling stations, however, are required to take their profit as so many cents per GALLON , and so their processing costs (credit charges) go up per gallon, and their sales in gallons are declining, so that many of them are hurting badly.

Sounds like Republican dirty work to me.

MD