Quote:
Originally Posted by M/V_Bear_II
It's not the stations, it's the wholesalers (i.e., ExxonMobil, Citgo, yes, even Irving). They set the price, and the stations have a very slim and relatively constant profit margin.
The cash vs. credit price is because there is actually a difference in overhead for the station between cash and credit. Debit card companies often charge a flat fee per transaction, and credit card companies often charge a per-gallon fee (some as high as 10 cents). It saves the station money to encourage you to pay cash, and that savings is passed on to you.
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I didn't say the stations were at fault, I am an equal opportunity blamer. I know that it is the wholesalers, the refiners, and any other middleman, including the oil drillers themselves that are trying to get every dime they can from a crisis situation. I am just saying that we are the suckers that get the short end of the stick. Maybe its because we can't all get together and reduce our speed on the road, turn our thermostats down, (Don't get too excited SteveA, I might be a Native American blanket purveyor middleman) and stop being NIMBYs like certain island dwellers/swimmers in Mass. when it comes to ocean stationed wind power generators.