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Gas stations make LESS total profit when prices are high

Posted on: July 5, 2022 at 22:10:38 CT
*M* KC
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Their margin per gallon of gasoline is fairly constant regardless of the price. But when gas prices are high, the customers have less cash available to come into the store and buy high margin, high profit items like fountain drinks, beer and cigs, lottery tickets, and prepared foods.

Gas station owners hate high gas prices.
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Should oil companies and gas stations - Sal CMSU - 7/5 20:23:53
     Gas stations make LESS total profit when prices are high - *M* KC - 7/5 22:10:38
     Gas price a gallon was up a dollar in the midwest - shorty MU - 7/5 21:11:31
          But, but, but.....Joe doesn't control gas prices. - Tigrrrr! MU - 7/5 21:13:54
     RE: Should oil companies and gas stations - sarasotatiger MU - 7/5 20:55:35
          There is no price at the pump - Sal CMSU - 7/5 21:05:17
          and Cali raised taxes .03/ gal on 7/1/22(nm) - tigerinhogtown STL - 7/5 21:03:17
          link?(nm) - tigerinhogtown STL - 7/5 21:01:12
          Are you an advocate of socialism over capitalism? (nm) - JeffB MU - 7/5 20:57:43
               RE: Are you an advocate of socialism over capitalism? (nm) - sarasotatiger MU - 7/5 21:00:54
                    You are perhaps a cross between a socialist & a fascist. (nm) - JeffB MU - 7/5 21:17:32
     Yeah, they’re barely getting by right now(nm) - playhard NWMSU - 7/5 20:27:23
          That didn’t answer my question (nm) - Sal CMSU - 7/5 21:04:26
          Well, they were losing billions not long ago. Of course your - JeffB MU - 7/5 20:55:30
               so glad Trump helped reverse that trend - meatiger MU - 7/5 21:50:15
               gubmint did micromanage - JayHoaxH8r MU - 7/5 21:11:04
                    You have a rather twisted view of reality. Obama has done - JeffB MU - 7/5 21:16:39
                         Your boy manipulated oil prices up - JayHoaxH8r MU - 7/5 21:20:54
                              Trump caused it? - Sal CMSU - 7/5 21:24:57
                              I'm afraid that you're the 1 without credibility here hoax.(nm) - JeffB MU - 7/5 21:24:08




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