« Puzzles vs Mysteries | Main | Open Facebook » Gas stations are closingAs gas prices and transactional expenses increase, independent gas station owners can no longer compete; they're shutting down. In fact, I can't think where there's an independent station in Austin. [Link] Between Feb. 1 and Monday, Bartlett said, the average wholesale price paid by service stations in Milwaukee to buy gasoline rose from $1.66 to $2.94. Add in taxes paid to the federal and state governments, as well as transportation costs, and the average service station had to cover $3.47 on Monday, without charging any profit. On that day, stations were charging their customers $3.47 on average in Milwaukee, according to AAA's Daily Fuel Gauge Report. jon posted this at 11:08 PM |
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