- Sep 19, 2011
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Biden:"My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril,” the @POTUS account stated. “Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.”
www.forbes.com
Now what most Americans know because most Americans pump their own gas is that most of convenience stores are single owners and
specifically WE know the net profit on a gallon of gas depends on what the owner pays the gas distributor, who depends on the refineries who depend on exploration all of which see their costs going up. How does the gas get to the store? Diesel fuel moves the gas. How does the
distributor get their gas? From the refineries who charge more because the oil producers raise their prices because their supply has been..
guess what... LIMITED by Biden who GUARANTEES the fossil fuel industry in Biden's words..
I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
So what does a small single owner gas station that most of us Americans get our gas earn off a gallon of gas?
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
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.
www.omegawv.com
So that 10 gallon fill up put 20 cents in the owner's pocket of the $50.00 cost!
Biden Continues Gas Price Blame Game While Preserving His Leasing Ban
President Joe Biden’s message to gasoline retailers for the July 4th holiday weekend was every bit as confrontational and unproductive as one might expect.
www.forbes.com
Now what most Americans know because most Americans pump their own gas is that most of convenience stores are single owners and
specifically WE know the net profit on a gallon of gas depends on what the owner pays the gas distributor, who depends on the refineries who depend on exploration all of which see their costs going up. How does the gas get to the store? Diesel fuel moves the gas. How does the
distributor get their gas? From the refineries who charge more because the oil producers raise their prices because their supply has been..
guess what... LIMITED by Biden who GUARANTEES the fossil fuel industry in Biden's words..
I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
So what does a small single owner gas station that most of us Americans get our gas earn off a gallon of gas?
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
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.
How Much Money Do Businesses Make on Fuel Purchases? - West Virginia Oil Marketers and Grocers Association
Representing petroleum marketers, independent grocers and convenience stores all across West Virginia.
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