Yesterday 10:28 am
I knew this would be your response as soon as you asked about retail gas margins. It's fatally flawed due to your ignorance. Might want to read up on some supply side issues that create different prices.Blackvegetable » Today, 7:12 am » wrote: ↑ You say that as if it is unusual for Zeet to lie.
Let's take your number...
On 2.30, the retailer makes 5 cents, net.
To make the 2% net, he needs a markup of 10-11%.
This suggests he pays about 2.05 to his supplier.
That someone may be charging 3.30/ga. doesn't imply others are giving up 0.35 cents PER GALLON IN NET PROFIT, to sell Zeet gas for 1.69..
As a loss leader for lottery tickets?
Edit: I guess it is possible that his retailer is a fellow Supply Side cultist...if so, it is certain that he is now in a different business.
You are assuming that fuel retailers are all paying the same price at the fuel terminal. You think the Costco selling 50,000 gallons of gas a day pays the same price as the mom and pop station a block away and sells 5,000 gallons a week. That mom & pop station has been there 50 years and has small ground tanks ( 1,000 gallons is the smallest I've seen) and can't even take a full truck load delivery which means that delivery price is at a LTL premium price.
Branding, blends, different fuel terminals, transportation, pre paying for allocation, distance from fuel terminal and several other factors play a part in what a fuel retailer pays. Those high volume fuel customers can get discounted delivery charges with dedicated drivers.
Try to comprehend the difference in price of a bottle of shampoo at Walmart verses the neighborhood convenience store.
Try getting those manicured hands dirty every once in awhile, you could learn a few things.