Oil Refiners Report Substantial Gross Profits in May, Reaching $1.01 Per Gallon
Washington D.C. – July 24, 2025 – Consumer advocacy group ConsumerWatchdog has released findings indicating that oil refiners generated significant gross profits in May, averaging $1.01 per gallon of gasoline sold. This figure escalates to approximately $1.05 per gallon when accounting for retail sales. The report, published by PR Newswire, sheds light on the financial performance of the refining sector during the specified period.
The analysis by ConsumerWatchdog suggests a notable profit margin for refiners on each gallon of gasoline sold at the pump. While these figures represent gross profits, they offer insight into the revenue generated by the refining process before accounting for other operational expenses, taxes, and the costs associated with distribution and retail.
In recent years, discussions surrounding gasoline prices have often focused on the various components that contribute to the final cost consumers pay at the pump, including crude oil prices, refining costs, distribution and marketing expenses, and federal and state taxes. This latest report from ConsumerWatchdog aims to provide a clearer picture of the refiner’s share in this complex pricing structure.
The profit margins reported highlight the economic activity within the refining industry. As a crucial part of the energy supply chain, refiners play a vital role in transforming crude oil into usable fuels that power transportation and industries. The profitability of this sector is often subject to fluctuations based on global oil markets, refinery utilization rates, and demand for refined products.
ConsumerWatchdog’s reporting aims to inform the public about the economic dynamics at play in the gasoline market. Understanding the profit levels within different segments of the industry can contribute to broader conversations about energy policy and consumer costs. The organization continues to monitor these trends and provide data-driven insights to the public.
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PR Newswire Policy Public Interest published ‘Oil Refiners Take Home $1.01 Per Gallon In Gross Profits In May; $1.05 On Retail Sales, Says Consumer Watchdog’ at 2025-07-24 19:08. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.