Thread: Gas prices
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Old 12-29-2014, 04:00 PM
specknation specknation is offline
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Join Date: Jan 2011
Location: Hammond
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Quote:
Originally Posted by specktator View Post
The prices I am discussing currently is off brand petro but I am also a CHEVRON distributor and can get any other brand I want.

I choose not to sell much fuel to retailers Bc most of them don't pay their bills on time. Or they spend all the money they made selling MY fuel on their inside store products then can't pay their bill. Too much exposure to make $600-700 on $25,000.00 worth of fuel. I sell to oilfield companies and end users with higher mark ups. But I common carry for big distributors and haul fuel to convenience stores/truck stops all over the south for freight. Probably 30-40 different retailers I haul to and I guarantee you they are all making at least $.10/gallon.

Wanna talk branded fuel?
Chevron rack price on unleaded is $1.35 today. So what's that? Another $.06 more than unbranded?? Chevron down the road is $2.22 and I would have paid $1.74 for it after taxes and fees. So he's still making $.30+ per gallon on BRANDED fuel. And that's with a Super One half a mile down the road selling for a lot less than him.

Not trying to be a smart a s s, just stating the facts. This is what I do for a living.
Fact is I have had 3 different distributors over the last 18 years, and like the other guy stated .05 is a average profit on a gallon of gas no matter who is bringing it to you. Not trying to be a smart@@ just stating fact.
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