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.
- A competitive bid oil program operates
in the Haverhill area, wherein companies bid for an acceptable
profit margin above their wholesale oil price. It saves LIHEAP
households from 10 to 20 cents per gallon.
LEVERAGING
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
Page Last Updated: August 8, 2007