[hurryinhoosier62]

Originally Posted by 69goatboy

Jumped about 20 cents overnight around here.

Crude took a jump up yesterday.

You can thank Marathon for that. In OH,IN,KY and MI, they have a virtual monopoly on gasoline refining.

[2002Z4CSS]

Originally Posted by hurryinhoosier62

You can thank Marathon for that. In OH,IN,KY and MI, they have a virtual monopoly on gasoline refining.

In the Detroit area we have a huge Marathon refinery yet the news is saying now a problem with a Chicago refinery. What about the fuel that is siting in the ground at the gas stations long before this alledged issue...it should not be going up in price since it was already delivered.

[The Champ]

Originally Posted by 2002Z4CSS

In the Detroit area we have a huge Marathon refinery yet the news is saying now a problem with a Chicago refinery. What about the fuel that is siting in the ground at the gas stations long before this alledged issue...it should not be going up in price since it was already delivered.

I don't know what happens in your area, but around here the price normally changes (up or down) after the tanker has delivered fresh fuel.

['ol Pinion head]

Originally Posted by 2002Z4CSS

In the Detroit area we have a huge Marathon refinery yet the news is saying now a problem with a Chicago refinery. What about the fuel that is siting in the ground at the gas stations long before this alledged issue...it should not be going up in price since it was already delivered.

2002, when fuel prices are going up it costs more to replace the fuel that's in the ground (tanks). Many very competitive stations in my area make a penny or two a gal, that's it. When fuel cost goes up 10 cents a gal, that's an extra $800 on a 8000 gal load, and to cover that cost, prices at the pump goes up.