Quote:
Originally Posted by marty f
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!!