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On average it isn't true. The average profit margin is 1.4% for gas stations in the US. Clearly the majority are not making much money on gas. Presumably that l
by optimuspaul 5y ago
On average it isn't true. The average profit margin is 1.4% for gas stations in the US. Clearly the majority are not making much money on gas. Presumably that low average could mean for many gas is a loss leader.
- SilasX 5y agoWhich is greater than zero, contra the top-level comment.
- wutangson1 5y agonot actually contra. Those extra cents selling at retail prices need a lot of volume to break even given employees, property taxes, maintenance. That's why there is always something on the property to sell- convenience store, car mechanic garage, car wash, even whole restaurants sometimes.