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February 15, 2012 - Mike Grady answers the question: " You Must Make a Lot of Money When the Price of Oil is Expensive, Right?"

That logic is entirely false. FUN FACT: We're the middle man. When the price (per barrel) increases the (consumer) price goes up. We operate at a fixed margin so, when the oil price itself goes up, all of our operating costs go up. We don't make any more -- in fact, people take more when the price is lower, which helps improve business. So, the logic that we're making more money when the price is higher is not true.

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