Crude oil prices are down 50% and our, at the pump, prices have fallen a nickel?
Wonder if they are also selling masks inside for $8 a pop?
Wonder if they are also selling masks inside for $8 a pop?
Regular unleaded still $2.28 per gallon here. WTF
- Thread starter JudgeLarryDawg
- Start date
Question? How big is the station? If it is not a high volume station, the owner is sitting on old inventory and if he lowers price he is probably would sell at a loss.
Very busy. Circle K chain. When crude prices are rising, the response in daily.
Gas retailers more often than not break even or lose money on gasoline sales. They are making a good margin rat now, but probably wont last much longer.I don't blame them for taking advantage of a falling market. Gotta make hay while the sun is shining.
Lake Oconee stations ar always high and i saw the Marathon cash price $1.75
1.99 around here. Great. They lower prices and there's nowhere to go.
$1.55 at both the Costco on Peachtree Dunwoody in Sandy Springs and the one in Brookhaven. $1.45(!) at Costco at Cumberland Mall (75N & 285). With the 4% cash back on gas with my Costco Visa, that's $1.39, which I feel like I haven't paid since I was in college! Of course, under this quarantine I have barely been driving so I haven't filled my car up in over 2 weeks, which is crazy for me.
Retail gas margins are the highest they have been in history. Nationwide average was over 70cpg last week. Very few price at Breakeven historical street margins net of credit card are 8cpg nationwide.
Moose Magnificent Rack
Letterman and National Champion
Hmm. Gas station not proactive in crisis like Moose' local Chinese rub-and-tug. They down to $5 an hour!
Got it, couldn't remember exact pricing from over the years, just that I haven't consistently seen prices with a "1" at the front in a while- especially in the mid-1's. I do remember when I started driving & was in college in the '90's, gas always seemed to be somewhere around $1 a gallon. So if you had a car that held around 20 gallons, you could fill up for $20 or less.
Nationwide maybe, as margins are much higher out west. Retailers in Georgia wood love to have the margins of their western counterparts.
