Massachusetts Bulk Fuel Discount

Since the winter of 1991, Massachusetts has had a statewide "Margin Over Rack" (MOR) program which pays oil dealers the lesser of either a set margin, currently 30 cents per gallon, or their regular retail price on the date of delivery. The Margin Over Rack concept is based on the fact that oil vendors base their per gallon retail price on a margin added to their terminal or "rack" price. Each vendor's margin is different due to variances in operating costs associated with delivery of the product. The MOR program allows all oil vendors to participate.

LEVERAGING

2010: $3.7 million
2009: $8.3 million
2007: $4.1 million
2006: $4 million
2005: $2.7 million
2004: $2.8 million
2003: $3 million
2002: $3.6 million
2001: $4.8 million
2000: $2.3 million
1999: $2 million
1998: $1.5 million
1997: $1.6 million
1996: $1.7 million
1995: $1.8 million
1994: $2.4 million
1993: $1.7 million
1992: $2.3 million
1991: $1.4 million