Originally Posted by TexasDux (Post 734410)

The federal government and state tax makes more per gallon than the production companies per gallon. Blame the government for the .40 per gallon tax.

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Originally Posted by marty f (Post 734425)

agreed!

I have a buddy that owns a gas station, he makes 5 cents on each gallon, so for every $20 you spend in fuel he makes 1$, to run the business, keep the pumps on, lights and employees. So when I fill up my truck (40 gal) he only makes 2$ off me. When I fill up my 24yr old civic he makes .65 cents (I don't let it get below 1/2 on that car)

The distributor is about the same margin. But the state and feds take as much as 40 cents per gallon.

Originally Posted by specktator (Post 734428)

I am a fuel distributor and I can promise you your buddy is making more than $.05 a gallon. Especially right now with these crazy prices. Unless he owns a Race Trac or Tobacco Plus or something similar. Which they are making more than $.05 a gallon as well. Margins for distributors are very minimal though.

Rack Price on Unleaded today is $1.297 +
.384(taxes) +.003 (fees)=$1.684

The distributor probably makes $.08-.10 a gallon off him so he's getting it for $1.78-$1.80/gallon.

But if he's only adding $.05 to it, he must be moving a whole lot of fuel or getting screwed by his distributor. Tell him to call me!! :)

Originally Posted by marty f (Post 734461)

This is in AR, as well a few yrs ago when fuel was ALOT more, so maybe not TODAY, he said his biggest competitor was walmart in the little town hes in, and he does what he can to be competitive. If I can I do not buy fuel from walmart

Originally Posted by specktator (Post 734428)

I am a fuel distributor and I can promise you your buddy is making more than $.05 a gallon. Especially right now with these crazy prices. Unless he owns a Race Trac or Tobacco Plus or something similar. Which they are making more than $.05 a gallon as well. Margins for distributors are very minimal though.

Rack Price on Unleaded today is $1.297 +
.384(taxes) +.003 (fees)=$1.684

The distributor probably makes $.08-.10 a gallon off him so he's getting it for $1.78-$1.80/gallon.

But if he's only adding $.05 to it, he must be moving a whole lot of fuel or getting screwed by his distributor. Tell him to call me!! :)

Originally Posted by specktator (Post 734462)

Yeh if he's competing against Wal Mart, then he probably is only marking it up $.05/gallon. Wal Mart at times will sell it cheaper than I can buy it for. Idiots.

Originally Posted by specknation (Post 734485)

I have interest in a gas station here locally in the Hammond area, and .04 to .06 is the average profit on a gallon of gas. It's rare to make any more than that, and if you figure keeping gas pump equipment pumps, credit card readers, etc... that figure is more like .03 per gallon, its just a reason to get people in to buy other things.

Originally Posted by specktator (Post 734498)

Well your distributor must be marking you up $.20+ per gallon if you are only able to mark your fuel up less than $.05 per gallon in order to be competitive. Are you able to see what rack price(before taxes and fees) is on the fuel you are getting? What are you selling unleaded for today?

Originally Posted by specktator (Post 734519)

The prices I am discussing currently is off brand petro but I am also a CHEVRON distributor and can get any other brand I want.

I choose not to sell much fuel to retailers Bc most of them don't pay their bills on time. Or they spend all the money they made selling MY fuel on their inside store products then can't pay their bill. Too much exposure to make $600-700 on $25,000.00 worth of fuel. I sell to oilfield companies and end users with higher mark ups. But I common carry for big distributors and haul fuel to convenience stores/truck stops all over the south for freight. Probably 30-40 different retailers I haul to and I guarantee you they are all making at least $.10/gallon.

Wanna talk branded fuel?
Chevron rack price on unleaded is $1.35 today. So what's that? Another $.06 more than unbranded?? Chevron down the road is $2.22 and I would have paid $1.74 for it after taxes and fees. So he's still making $.30+ per gallon on BRANDED fuel. And that's with a Super One half a mile down the road selling for a lot less than him.

Not trying to be a smart a s s, just stating the facts. This is what I do for a living.

Originally Posted by "W" (Post 734522)

Dude you can't argue with speck nation

Dude knows everything from fishing rods , reels , helicopters , lawyers and now fuel prices sold at station



But I know this !!! Our gas station in Grand Lake makes .25 off each gallon of gas and that came out of the owners mouth this pass week home !!

He made more when gas was higher !!

Originally Posted by "W" (Post 734522)

Dude you can't argue with speck nation

Dude knows everything from fishing rods , reels , helicopters , lawyers and now fuel prices sold at station



But I know this !!! Our gas station in Grand Lake makes .25 off each gallon of gas and that came out of the owners mouth this pass week home !!

He made more when gas was higher !!

Originally Posted by "W" (Post 734527)

Spicers makes about .50 to .75 cents on the gallon
Those east side boys are Katrina Rich

Don't have to worry about making money !!

Sippin on gin and juice laid back

Originally Posted by specknation (Post 734528)

LOL , it would be great if you could stay on your side of the state to make your money. Instead you dog out the side of the state that employees your crusty a@@. Don't ever bite the hand that feeds you boy.

Originally Posted by "W" (Post 734527)

Spicers makes about .50 to .75 cents on the gallon
Those east side boys are Katrina Rich

Don't have to worry about making money !!

Sippin on gin and juice laid back