We're talking larceny. Robert Saroki, a Marathon gas-station owner in Wixom, Mich., keeps hearing stories of crazed drivers smashing the glass on other stations' pumps. Steve Glazer says customers at his Flushing, N.Y., Mobil station are so angry he is going to wear a helmet to work. Says Glazer, who has watched his profit margins erode to nothing: "I'd like to know who's making all the money."
This time, it's not OPEC. At $28 per bbl., crude oil prices may be high. But America's current gasoline-supply problem is its own. No new refineries have been built in over two decades;...
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