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Re: Gas Prices... WOW

To: "John Cohen" <jmcoh@adelphia.net>,
Subject: Re: Gas Prices... WOW
From: "fred thomas" <frede.thomas2@verizon.net>
Date: Wed, 31 Aug 2005 17:09:54 -0400
>I don't agree. One of my vendors' good friends is a station owner.  He got 
>a
> call today from the tanker driver who told him if he did not have a check
> ready for $25,000 there would be no delivery.  Last month, that same
> delivery might have cost $15,000. When you realize that that every 
> delivery
> is COD, they have to save now for the next delivery, you can see why they
> have to raise prices immediately.  Realize also that most of these 
> operators
> are making between 1 and 5 cents per gallon and you must wonder why they
> even turn the pumps on.
>
> John Cohen
============================================================================================================
Wow John how long have the gas stations been working under such a large 
mark-up (.01 & .05), I think if you care to check into this a little further 
you will find their margin of profit is right at .20 per gallon, when the 
station pumps the gas he is paid, the check for 25 K is already waiting way 
before he sells what's in the ground, my neighbor only has 56 stations along 
interstate # 95 in Virginia and N.Carolina, sells mostly to large wholesale 
customers along with state and county govt., no station could pay his help 
on .01 per gallon, much less his rent, and one more thing to check on, "whom 
do you think own most of the stations", if you said the refinery you would 
be correct. Remeber when Exxon bought out Mobil a few years back for $25 
billion, they increased the cost of gas by 1.5 cents per gallong and paid 
for the merger in 1 calendar year.  "FT" 




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