[captain1202]

We will see much more of this. Most if not all service stations are required to pay on delivery for product. With the working capital requirements increasing daily, many small operators can't make it. I've noticed numerous convenience stores with pumps closed. I assume this is the reason.

As an aside, I heard an interesting Senate Hearing on C-Span where the Connecticut Fuel Retailer Assoc was testifying. They are concerned that for that reasons noted above, a number of home heating oil dealers in CT (and other states as well) will be unable to obtain the requisite financing for their purchases next winter. One man testified he had just received a 175+-gal delivery with an accompanying bill of $620. Yikes!! Many people will simply be unable to afford to heat next winter. No discussion of this on the news.