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Economy

In reply to the discussion: Gas Prices [View all]

DetroitLegalBeagle

(2,251 posts)
13. There prices will depend on how much they paid for the gas they currently have in the ground
Wed Nov 23, 2022, 06:15 PM
Nov 2022

For gas stations, the profit margins on gas is only a few cents per gallon. If their most recent supply was priced high, then they are stuck selling it higher until its gone and they get their next lower priced one. Or, they sell the remaining at a loss and hope they can make it up with instore sales or by charging a few cents more then usual on their next supply.

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