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Author Topic: [Poll: 2007.48]: For every dollar you spend for fuel, how much do you think a ... Back to Topics
JT

Moderator
Message Posted: Nov 25, 2007 12:01:10 AM

For every dollar you spend for fuel, how much do you think a retailer is making in profit after subtracting costs such as the cost of the fuel, taxes, rent insurance and employee salaries?
1-2 cents
3-6 cents
7-10 cents
11-15 cents
11-15 cents
16-20 cents
More than 20 cents
Don't know

Post your thoughts about this poll below.
REPLIES (newest first) Topic is locked
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QueenMother
Champion Author New Hampshire

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Message Posted: Apr 6, 2009 9:43:18 AM

I want to say 7 - 10 cents.
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gasman14
All-Star Author San Diego

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Message Posted: Dec 21, 2008 10:45:50 AM

More than 20 cents
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runningonemptyBC
Champion Author British Columbia

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Message Posted: Sep 26, 2008 12:33:53 PM

1-2 cents
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DOF
Rookie Author North Carolina

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Message Posted: Sep 26, 2008 9:52:32 AM

Between 1-6 cents. They're margins are very small. All the costs for us in NC are in the taxes, both state and federal (very high compared to other surrounding states).
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iwannavet
Champion Author Kitchener-Waterloo

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Message Posted: Sep 15, 2008 6:54:31 PM

3-6 cents
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Lefty06
Veteran Author Rochester

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Message Posted: Sep 15, 2008 6:17:29 PM

3-6 cents
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Z51Corvette
Champion Author Austin

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Message Posted: Sep 15, 2008 12:31:25 AM

7 to 10 cents, tops!
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bareilly
Champion Author British Columbia

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Message Posted: Sep 8, 2008 3:53:11 AM

3-6 cents
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gasman14
All-Star Author San Diego

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Message Posted: Sep 7, 2008 11:56:51 AM

I'm not sure
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Blubberpuppy
Champion Author Baltimore

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Message Posted: Aug 24, 2008 2:50:33 PM

Probably not much.
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dinahf
Champion Author Kansas City

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Message Posted: Aug 19, 2008 3:30:15 PM

If the average gas retailer makes 3 to 6 cents on a gallon, then he (or she)would have to sell 10,000 gallons to make $300 to $600 profit! I think that only the bigger stations sell that much in a week or less so they must make all their money on candy,pop,& cigarettes,etc. For those stations that don't sell all that convenience food items, they would be going broke at 3 to 6 cents profit per gallon! Surely ,some must be making more.
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46chief
Champion Author Indiana

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Message Posted: Aug 19, 2008 1:50:25 PM

3-6 cents is what I've heard
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rschnoor
Champion Author Albany

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Message Posted: Aug 19, 2008 7:41:47 AM

3-6 cents
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in_orbit
Champion Author Orange County

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Message Posted: Aug 9, 2008 9:36:32 AM

3-6 cents
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narcar1973
Champion Author St. Louis

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Message Posted: Jul 30, 2008 3:23:05 PM

3-4 cents a gallon
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cincindie
Champion Author Cincinnati

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Message Posted: Jul 3, 2008 5:19:18 AM

3-6 cents if they are lucky; mostly 1-2 cents.
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Panama19
Champion Author Louisville

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Message Posted: Jul 3, 2008 1:38:25 AM

3-6 cents
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lindamay
Champion Author Minnesota

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Message Posted: Jul 3, 2008 1:22:40 AM

I have no idea, but I'm sure not much compared to the total price.
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YB1234
Champion Author Twin Cities

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Message Posted: Jul 2, 2008 9:07:37 PM

3-6 cents
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YB1234
Champion Author Twin Cities

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Message Posted: Jul 2, 2008 9:07:32 PM

3-6 cents
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YB1234
Champion Author Twin Cities

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Message Posted: Jul 2, 2008 9:07:27 PM

3-6 cents
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YB1234
Champion Author Twin Cities

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Message Posted: Jul 2, 2008 9:07:23 PM

3-6 cents
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YB1234
Champion Author Twin Cities

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Message Posted: Jul 2, 2008 9:07:18 PM

3-6 cents
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Dorkchop
Champion Author Maryland

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Message Posted: Jun 23, 2008 12:40:30 PM

A few cents on the dollar.
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gasisoutrageous
Champion Author Lansing

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Message Posted: Jun 15, 2008 12:38:44 AM

About 6 cents
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slopokeCA
Rookie Author California

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Message Posted: May 30, 2008 7:00:47 PM

maybe 10-15 cents it needs to go down
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phantom786
Rookie Author Richmond

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Message Posted: May 30, 2008 6:34:53 PM

I am a retailer since 17 yrs. in south va. since wawa and sheetz arrived next door to us,7 years, we hardly make 2 to 3 cents a gallon. if u add repairs to that plus power bill to that, leaves us with net 2 cents a gall. thanks.
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Bestworld
Veteran Author San Jose

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Points:111,050
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Message Posted: May 20, 2008 11:32:49 PM

That largely depends on what the retailer is charging. For those whose prices are in line with others selling the same brand in the local area, I suspect 3-6 cents is about the norm. For those gougers selling the same brand for as much as 30-50 cents more in the same area, their profits per gallon could be 5-8 times more-that is, unless Gas Buddies publicity causes a decrease in customers!
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bmv91w
Sophomore Author Maine

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Message Posted: May 20, 2008 8:48:59 PM

Retailers aren't making much profit. Where I live in Maine, spot price/gallon of fuel was $3.16/gallon a week ago. Add the taxes, cost to transport it, etc., the retailers aren't making much profit at all.
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Philmar
Sophomore Author Cleveland

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Message Posted: May 1, 2008 9:43:05 PM

More than 20 cents
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c47
Champion Author Virginia

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Message Posted: Apr 23, 2008 7:17:20 AM

Don't know but they must be making some kind of profit.
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Guido4
Champion Author Pensacola

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Message Posted: Mar 31, 2008 6:45:34 AM

5 cents
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angeleyes606
Rookie Author Kentucky

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Message Posted: Mar 27, 2008 12:56:53 PM

MAYBE A BUCK $1.00
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INstationowner
Rookie Author Indianapolis

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Message Posted: Mar 27, 2008 12:33:45 PM

the 3-6 cents would be correct 3 years ago but most people forget credit card fees to the station 3 or 4 percent of $1.50 per gallon is a whole lot less than the 3 or 4 percent we are paying on todays price, not to mention more people are using credit than ever before so the high prices are not good for us at all . I prefer if it must go on plastic debit but i also understand a few banks charge the consumer to use debit i guess that goes to show us banks and oil companies will get their money one way or another lol.
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Z51Corvette
Champion Author Austin

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Message Posted: Mar 24, 2008 12:26:11 AM

7-10 cents... tops...
Why did station open fast food stores in many of their locations... COMBO SALES...

Hook'em!
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bad_cue98
Rookie Author Kentucky

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Message Posted: Mar 13, 2008 10:50:48 AM

7-10 cents
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throttle
Champion Author Maryland

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Message Posted: Feb 19, 2008 12:33:24 PM

about 2 cents on the dollar
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Quazar911
Champion Author Texas

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Message Posted: Feb 19, 2008 1:37:15 AM

I'm thinkin about 3-5 cents
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bow22ler
Champion Author Houston

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Message Posted: Feb 16, 2008 8:28:58 PM

3 to 5 cents a gallon
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Guido4
Champion Author Pensacola

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Message Posted: Jan 27, 2008 9:47:20 AM

5 cents per gal
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mml138
Rookie Author Chicago

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Message Posted: Jan 26, 2008 9:02:16 AM

About 2 - 3 Cents a gallon. After paying the credit card fees which I belive at $ 3.00 a gal would be around 6 cent. So go on and #itch about credit card co. who make money both ways. By charging you intrest and increasing the price of goods that you purchase.
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JB1881
Champion Author New Mexico

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Message Posted: Jan 18, 2008 10:31:06 AM

3 or 4 cent per gallon?
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april4
Champion Author Virginia Beach

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Message Posted: Dec 31, 2007 10:55:40 AM

3-6 cents
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kelljohn
Champion Author Maryland

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Message Posted: Dec 15, 2007 3:32:43 PM

1-2 cents
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Guido4
Champion Author Pensacola

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Message Posted: Dec 15, 2007 8:25:02 AM

About 5 cents
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oloryn
Rookie Author Atlanta

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Message Posted: Dec 11, 2007 11:14:05 PM

It's been a while since I worked for a credit card ISO, but from what I remember, debit card fees are typically transaction fees (a set amount per transaction), while credit card fees are typically either a percentage of the transaction amount, or a combination transaction fee/percentage. If most of a station's customers are filling up and getting more than half a tank (it wouldn't surprise me if that was typically true), the debit cards are probably going to cost the station a good bit less than credit cards. This is probably why we're starting to see stations who take debit cards, but not credit cards.
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john613
Rookie Author Midland Odessa

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Message Posted: Dec 8, 2007 5:55:40 PM

Enough to Live well.
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spdrazer
Rookie Author Grand Rapids

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Message Posted: Dec 6, 2007 2:54:26 PM

It changes every day. Some days nothing others .15+.
Every day the bank makes 7 cents a gallon on credit cards.
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bones252100
Rookie Author Tampa

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Joined:Dec 2007
Message Posted: Dec 3, 2007 6:28:11 PM

The retailers are just trying to make a living. There is always that 10% of retailers that are gouging customers. The real problem is with the major oil companies recording record profits at our expense. Leave the little guy alone and contact your congressional representatives voicing YOUR concerns about paying high prices for fuel while the major oil companies are recording big profits.
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lucky001
Rookie Author Winnipeg

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Joined:Jul 2007
Message Posted: Dec 3, 2007 10:57:03 AM

1-2 cents
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