MONEY

Here's How Gas Stations Are Actually Losing

04/12/2012 04:25 pm 16:25:13

It turns out that gas stations don't actually make much money selling gasoline, since it's an undifferentiated commodity sold in a competitive market. Instead, the gasoline gets you into the station and then they make a profit selling relatively high markup convenience store items. This gets to a be a problem when oil prices rise.

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