"There is a very sincere effort being made to crash the system. Oil is high because the nation we live in has a government bent on invading and then destroying the oil production of every oil rich nation on this planet. We keep hearing that we are invading these nations because we want their oil.. If that statement had any merit, oil would be 7$ a barrel. We are invading these nations to keep the oil in the ground..."
This is an interesting comment. Can you explain it in depth some more :) thanks RD.
They do have a fairly fixed profit margin. I have inlaws who own one and their distributor calls them to tell them what price to display on the sign and the pumps. A lot depends on who owns the tanks, a decade ago when the "all underground tanks are leaking" siren was sounded by the EPA many independents couldn't afford to replace underground tanks so the distributors along with funding from the majors agreed to replace the tanks under the condition that they set the profit margin for the product.
For most gas stations, selling gas is a sort of loss leader in that if they had to survive on that alone they wouldn't be there at all.
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