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Won't anyone think of the gas station owners!??1!1? =(

F

FleshLight

Diamond Member
Those poor gas station owners. They have to deal with all the crap from whiny customers and they have a reduced profit margin 🙁
 
I rarely see trucks filling gas stations - and I know they didn't pay extra for the gas that's already in the tanks when they jack up their prices..so no, I really don't care.
 
Yep, everyone blames some poor immigrant for fuel prices. Look behind the station to see where he parks his Ferrari :roll: Morons.

 
Originally posted by: FoBoT
what is their profit margin when they shut off the pumps/run out of gas to sell?
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What about packs of gum, milk, chips, and carwashes? 😛

What I'm wondering about is what the semi drivers are doing...
 
Originally posted by: klah
Yep, everyone blames some poor immigrant for fuel prices. Look behind the station to see where he parks his Ferrari :roll: Morons.
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I was serious 🙂. As the price of gas goes up, their profit margin goes down. They can't bump up the prices because people would just go elsewhere.

Since gas is hovering around $2.75 here in socal, their markup is two to three cents a gallon. Back in 1990, where gas was a buck, they could mark it up 20-30 cents. It's so bad that some stations are losing money due to low profits and the overhead.
 
My friend owns a bunch of gas stations, he dosent make much anymore....
 
Originally posted by: FleshLight
Originally posted by: klah
Yep, everyone blames some poor immigrant for fuel prices. Look behind the station to see where he parks his Ferrari :roll: Morons.
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I was serious 🙂. As the price of gas goes up, their profit margin goes down. They can't bump up the prices because people would just go elsewhere.

Since gas is hovering around $2.75 here in socal, their markup is two to three cents a gallon. Back in 1990, where gas was a buck, they could mark it up 20-30 cents. It's so bad that some stations are losing money due to low profits and the overhead.
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Then how do you explain a $0.20 price increase overnight, when they have the same gas from the day before? I'm assuming they get charged for the gas when they actually get it, not as they sell it..
 
Originally posted by: CadetLee
I rarely see trucks filling gas stations - and I know they didn't pay extra for the gas that's already in the tanks when they jack up their prices..so no, I really don't care.
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I wondered that too. Yesterday they hiked up gas like $.30 per gallon. Now surely they didn't pay that much more for the gas currently in their tanks. So they basically made a huge profit on the gas they had left b/c they were hedging their bets knowing that their next shipment of gas would cost them more...at which point they'd raise it again.
 
Youre looking at it the wrong way. It doesnt matter how much they paid for the gas. They have to compete with market prices. Say one station gets a shipment of gas thats moderately expensive, and sells it at a small markup. Then a few days go by, he's half full, and the prices have dropped dramatically. The other stations get cheap gas, and price it accordingly. If he were to keep his gas at the same price, he would never even sell the half tank of gas he has left cause the price is so much more than everyone else around him, and goes out of business. Hell, no one would use the same bullsh*t argument to defend him, we'd accuse him of gouging cause his prices are higher than everyone else.

Now when the opposite thing happens, the same logic applies in reverse, and they make up for the loss.

Basically the price of gas is the price of gas, whether its in a barrel or in their tank. They have to price accordingly, or else theyre screwed.

So stop bitching and using that retarded argument, PLEASE.
 
Originally posted by: BD2003
Youre looking at it the wrong way. It doesnt matter how much they paid for the gas. They have to compete with market prices. Say one station gets a shipment of gas thats moderately expensive, and sells it at a small markup. Then a few days go by, he's half full, and the prices have dropped dramatically. The other stations get cheap gas, and price it accordingly. If he were to keep his gas at the same price, he would never even sell the half tank of gas he has left cause the price is so much more than everyone else around him, and goes out of business. Hell, no one would use the same bullsh*t argument to defend him, we'd accuse him of gouging cause his prices are higher than everyone else.

Now when the opposite thing happens, the same logic applies in reverse, and they make up for the loss.

Basically the price of gas is the price of gas, whether its in a barrel or in their tank. They have to price accordingly, or else theyre screwed.

So stop bitching and using that retarded argument, PLEASE.
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Since you are such an authority on the subject, would you mind posting your credentials that make you so knowledgeable?
 
Unless I made a grammatical error, the logic is perfectly fine. Its simply a matter of them making as much money and pricing as high as the market will bear at any given time. It doesnt matter what they paid for it. Sometimes it works out in their favor, sometimes it doesnt.
 
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