What's new
US Message Board 🦅 Political Discussion Forum

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

ChiComs Praise Biden's Blaming Of High Gas Prices On Gas Station Owners

easyt65

Diamond Member
Joined
Aug 4, 2015
Messages
80,013
Reaction score
45,901
Points
2,645

"His tweet ... garnered support from Chinese state media, with Chen Weihua, China Daily EU Bureau Chief, responding that Biden "finally realized that capitalism is all about exploitation."



If you buy the idea gas station owners make their money off of gas sales, congragulations - you're an idiot.

"Station owners make most of their profits in their stores, on sales of food and drinks, as well as alcohol where sales are legal. “The idea is to have a very competitive gas price, and when they go in the store, you can make money off that transaction.”

"Most gas stations barely turn a profit on their core product — and when the price of oil goes up they may even take a loss on it.

Battling small margins, cutthroat competition, and the looming threat of electric vehicles, many gas stations are more reliant than ever on secondary revenue streams
."


"Generally, the markup (or “margin”) on a gallon of gas is about 15 cents per gallon (gross profit before expenses). Factoring in expenses, which include rent, utilities, freight, labor and credit card fees, a retailer is left with about 2 cents per gallon in profit."







Joe is talking out of his ass again, blaming everyone and everything for his f*-ups, and making his ChiCom masters proud.
 

ColonelAngus

Diamond Member
Joined
Feb 25, 2015
Messages
40,518
Reaction score
34,596
Points
3,615
Most lefties are just dumb as a shit when it comes to anything related to finance or economics.

Just look at California.
 
OP
easyt65

easyt65

Diamond Member
Joined
Aug 4, 2015
Messages
80,013
Reaction score
45,901
Points
2,645
Bezos is right - Biden is ignorant of basic economics and knows even less about gas station operations...
 
OP
easyt65

easyt65

Diamond Member
Joined
Aug 4, 2015
Messages
80,013
Reaction score
45,901
Points
2,645
After saying something so stupid and so easily debunked, how can anyone continue to defend Finger-Pointing, Blame-Shifting Joe 'The Buck Stops Here' Biden?!
 

dudmuck

Platinum Member
Joined
Sep 4, 2017
Messages
11,488
Reaction score
5,010
Points
385
Location
Camarillo, CA
After saying something so stupid and so easily debunked, how can anyone continue to defend Finger-Pointing, Blame-Shifting Joe 'The Buck Stops Here' Biden?!
ejzyl8zg2c991.jpg
 

Peace

Diamond Member
Joined
Sep 15, 2020
Messages
14,372
Reaction score
10,866
Points
2,138
If anyone has worked at a Gas Station and seen the profit margin on gas for the Station owner they would know the Station owner make little profit on gasoline…

Your profit is on Soda or Fountain Drinks, Coffee and in-store products…
 

iamwhatiseem

Diamond Member
Joined
Aug 19, 2010
Messages
33,611
Reaction score
16,831
Points
1,905
Location
On a hill
It is becoming more apparent that Biden's mental degradation is to the point he is honestly losing grip on what is real and what isn't. And this man is in charge of our country.
No way, no how Joe Biden before significant mental decline didn't know that gas station owners make almost nothing off of gasoline. The national average is a net profit of 2 cents per gallon.
Joe Biden has known this for 30 years plus. And now he doesn't??
No. He literally doesn't know reality anymore.
 
OP
easyt65

easyt65

Diamond Member
Joined
Aug 4, 2015
Messages
80,013
Reaction score
45,901
Points
2,645
Biden should educate himself on economics and how gas dtations operate before attempting to blame them fir his failures...

...and you should stick with things you're smartest at - cartoons.
 

Ringo

Gold Member
Joined
Jun 14, 2021
Messages
4,420
Reaction score
1,544
Points
208
Location
Over there
Since the beginning of last year, gas in Europe has risen by 700%, writes Bloomberg. "This pushes the continent to the brink of recession," the agency notes.
The price of Europe being a USA hostage...
 

pknopp

Diamond Member
Joined
Jul 22, 2019
Messages
46,740
Reaction score
15,802
Points
2,210
I bought gas in Cambridge Ohio Friday for $4.41 a gallon. In Marietta Ohio it's $4.89. Roughly 50 miles difference. I'd say the stations in Marietta are making pretty good money.
 

iamwhatiseem

Diamond Member
Joined
Aug 19, 2010
Messages
33,611
Reaction score
16,831
Points
1,905
Location
On a hill
I bought gas in Cambridge Ohio Friday for $4.41 a gallon. In Marietta Ohio it's $4.89. Roughly 50 miles difference. I'd say the stations in Marietta are making pretty good money.
Not familiar with the area, but there are certainly factors involved in that.
Despite what people who have never ran a business might think, the cost of doing business can be very different comparing one location to the next.
Obviously there is the cost of the land lease, and/or building leases. Wages may be different from location to location, even though only 50 miles apart. And then - yes - of course some stations will charge more because they can. And why shouldn't they? If a station is in a high convenience location in a good area - why would they charge the same as a station off the beaten path in a poorer neighborhood?
 

pknopp

Diamond Member
Joined
Jul 22, 2019
Messages
46,740
Reaction score
15,802
Points
2,210
Not familiar with the area, but there are certainly factors involved in that.
Despite what people who have never ran a business might think, the cost of doing business can be very different comparing one location to the next.
Obviously there is the cost of the land lease, and/or building leases. Wages may be different from location to location, even though only 50 miles apart. And then - yes - of course some stations will charge more because they can. And why shouldn't they? If a station is in a high convenience location in a good area - why would they charge the same as a station off the beaten path in a poorer neighborhood?

If you believe they can because they can, argue that, not that they aren't making good money off their product.
 

Muhammed

Diamond Member
Joined
Dec 20, 2010
Messages
27,862
Reaction score
14,135
Points
1,415
Location
North Coast, USA
I paid over $50 for gas.

To fill up my fucking lawnmower.

Let's Go Brandon!

Democrats are corrupt scum.
 

USMB Server Goals

Total amount
$45.00
Goal
$350.00

New Topics

Most reactions - Past 7 days

Forum List

Top