10-01-2006, 11:19 PM
[quote MacMagus]Stirring the pot a little bit: I just saw a tv news blurb about a price war between gas stations that got the price below $2 dollars a gallon. One of the station managers admitted that he's paying less than $1.30 per gallon PREMIUM so he's still making good money.
Nice profit margins.
The problem with your reasoning is that he pays 1.30 a gallon, and then he has to tack on the 50 cents or more in taxes he has to collect and pass on to the government, so his profit is far less than you claim.
Nice profit margins.
The problem with your reasoning is that he pays 1.30 a gallon, and then he has to tack on the 50 cents or more in taxes he has to collect and pass on to the government, so his profit is far less than you claim.