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Here's How Gas Stations Are Actually Losing

Posted: 04/12/2012 4:25 pm

Gas Stations Losing


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.

Read the whole story at Slate


Filed by Emily Cohn  |