Tuesday, April 25, 2006
Gasoline Pricing
Since I am on profit margins, let us look at this one.....
Fact: Gasoline companies only make 4% net profit on a
gallon of gas......
Fact: 4% profit of gas sold at $1.00 is 4 cents....
Fact: 4% profit of gas sold at $2.00 is 8 cents....
Fact: 4% profit of gas sold at $3.00 is 12 cents.....
If the oil companies were not losing money back in 1998-9
when gas was around $1.00 a gallon, they are sure not
losing it now with gas at $3.00 a gallon.......Pumps
Fact: Gasoline companies only make 4% net profit on a
gallon of gas......
Fact: 4% profit of gas sold at $1.00 is 4 cents....
Fact: 4% profit of gas sold at $2.00 is 8 cents....
Fact: 4% profit of gas sold at $3.00 is 12 cents.....
If the oil companies were not losing money back in 1998-9
when gas was around $1.00 a gallon, they are sure not
losing it now with gas at $3.00 a gallon.......Pumps
# posted by Pumps @ 5:00 PM 
