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When is the Price of gas going to stop rising?
- Thread starter Haze
- Start date
BajaRon
Well-known member
Something to consider when parcing out the cost of fuel and who is making all the profits.
- Overall Oil Company Profit, after locating, drilling, pumping, refining, transporting and marketing averages out to under $0.50 a gallon. This includes the $0.03~$0.05 per gallon profit the retailer (gas station) reaps. As someone has already mentioned, gas station profits are from their in store sales, they could not make it on fuel sales alone.
- Taxes are often higher than profit, with federal and state taxes accounting for an average of over 60 cents per gallon.
- Credit Card Fees take another bite out of profit.
Keep a eye on the pumps.
Couple of weeks ago they were making a big deal about the price dropping.
I needed to fill the car and yes the price per liter had gone down on 87 octane.
But 91 and 93 had both gone up.
Looks like it will cost between $30 and $40 for every fill up on the Ryker this summer.
Couple of weeks ago they were making a big deal about the price dropping.
I needed to fill the car and yes the price per liter had gone down on 87 octane.
But 91 and 93 had both gone up.
Looks like it will cost between $30 and $40 for every fill up on the Ryker this summer.
Dasmoetorhead
Well-known member
The beatings will continue until morale improves.
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