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Maine

In reply to the discussion: the con-job on gasoline [View all]

luckyleftyme2

(3,880 posts)
2. bull shit
Fri Jun 1, 2012, 08:31 AM
Jun 2012

the post tries to smooth over that the oil companies only are making 16 cents a gallon when the fact is that many oil companies are owners or part owners in the operation from the well to the consumer! also isn't there a law about price fixing?
The truth is oil is a high profit product and the reason the oil companies are making record profits!
It is also true that if you sell a coffee for $1.75 at a convenience store which sells gas you make aprox. $1.50 profit but if you lease that sta. (many oil companies own the facility) part of that coffee profit goes to pay the lease! you the lesser may only make
.16 a gal. but the oil company is getting most of that if not all for their lease fee!
like the contractor who lets a piece of equipment set on a construction job and writes it off;I would imagine a sta. that is vacant is being written off !
How ever as you well know filling Sta's. and small stores have been selling like hot cakes to some of the larger oil companies in the past few years! Do you think they are bad investments? I doubt it!
No I don't hate oil companies but I do think gas prices are out of line! And I'm to old to
ride a horse or bike to get where I need to go.
50cent difference in gas anywhere in the state is unacceptable!!!!

Recommendations

0 members have recommended this reply (displayed in chronological order):

the con-job on gasoline [View all] luckyleftyme2 May 2012 OP
Which part is misinformed? Arctic Dave May 2012 #1
bull shit luckyleftyme2 Jun 2012 #2
The fact that gas station are a high volume, low margin business is true. Arctic Dave Jun 2012 #3
Latest Discussions»Region Forums»Maine»the con-job on gasoline»Reply #2