Laid Off (Again)

Sorry Don, but there is a HUGE flaw in your idea. My family just sold our Fuel/Oil company biz.

We had the wholesale side for about 30years. Before that my Grandfather had a Service Station selling Gas, Oil, and Auto Service. That was right after WWII.

Here is the problem. No matter how you slice it there isn't enough profit in a gallon of gas or oil by the time it reaches the consumer. Trust me. I am talking PENNIES, maybe sometimes, NICKELS per gallon of fuel!

Oil is the same way. There just aren't any decent margins that far down on the selling cycle.

Only two ways to make money with fuel and oil.

Trading Commodity Future Contracts or Owning Stock in those companies that get it out of the ground.