Thread: Gas prices
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Old 12-29-2014, 08:57 AM
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Default Gas prices

Quote:
Originally Posted by marty f View Post
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.

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!!
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