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F... gas prices

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Old 05-13-2008, 10:14 AM   #11
redsk1
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Re: F... gas prices

Quote:
Originally Posted by saden1 View Post
There seems to be a big misconception about how Gas stations operate. I know a thing or two about how they work since my father and his business partner owned 5 of them and I worked for them for couple of summers. Gas stations don't make money from selling gas...they are like drug street pushers. How many street pushers you think make top dollar? If a gas station makes 5 cents per gallon sold they are doing alright. Gas stations typically make most of their money from their food market, especially the sale of Soda, Smokes, and Beer. There are some gas stations that do make a killing but this is only if there is no gas station around them that they have to compete with.

The chain to get gas from the ground to your tank has up to 6 links. Governments selling it, big gas corporations like BP, cured oil transporters, refineries, interstate refined oil transporters, and finally local transporters.

Who do you think takes the biggest cut out of every gallon you buy? Uncle Sam! That's right, your federal "child molesting" Uncle Sam takes 18.4 c/pg cut of each gallon sold. Your local "i hate you" Uncle Sam takes on average 21 c/pg cut. You think the the federal and state governments have a vested interest in reducing prices? Yes, but only because they are worried people aren't going to go out (drive) and buy other stuff.

Good info...

I really don't have a problem w/ the gov't taxing gas. It's not the gov't that sets these $4/gallon prices. The gov't most likely charges a certain %, why should the gov't lower their tax when the oil companies are raising their prices. The oil co's would get richer and the gov't poorer if the gov't just decided to cut it's gas tax.

I don't pretend to know all there is about the price of gas, but i don't blame the gov't as much as i do the oil co's.
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