It's a new record

[DreadPirateRoberts]

Originally Posted by scaeagles

That isn't the only area they get profits from, of course, just the one most directly affecting the average US citizen and the price of that gasoline is the cause of the complaints. There are statistics about how much of a barrell of oil is used for gas, motor oil, petroleum products, whatever. Gas is just one piece.

True, and you have to figure in time it takes from ground to market. If the price goes up you've made a profit on all that you have, regardless of the price when you got it out of the ground. The 30 gallons in your truck is increasing in value every day.