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re: Crude Oil up 8% as OPEC Agrees to Cut Output
Posted on 11/30/16 at 10:50 am to jbgleason
Posted on 11/30/16 at 10:50 am to jbgleason
I don't wanna break the bad news to you guys that gas station owners really don't make more than 20 cents a gallon tops and even less when you factor in credit card fees and swipe fees but go ahead rant on. Gas is a loss leader to get people in the store to buy high margin snacks, I actually have a store that loses money on gas to compete with a corporate owned shell station across the street. Do you know if you fill up 4 gallons or less which many people do I lose money after the swipe fee and credit card %. I'm not complaining I still do great but huge misconception on what you think is made per gallon. I'll tell you the real winner,the us government making a nice 39 cents per gallon in tax,almost 2-3x what I make while investing $0 of their own.
Posted on 11/30/16 at 10:55 am to dabigfella
Guess your uncle should have left you a better business, am I right?
Posted on 11/30/16 at 11:01 am to dabigfella
quote:
I'll tell you the real winner,the us government making a nice 39 cents per gallon in tax,almost 2-3x what I make while investing $0 of their own.
Yep, that's why it always cracked me up when the Dem's did their "big oil bad" dog and pony show during the Bush years.
Posted on 11/30/16 at 11:08 am to dabigfella
Yeah but I bet you're making a killing on that fried chicken right?
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