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05-06-2014, 08:40 AM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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Most stations sure don't make that on gas now! More should have those signs.
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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05-06-2014, 08:43 AM
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Senior Member
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Join Date: Mar 2014
Location: NE Bamastan
Posts: 11,065
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Quote:
Originally Posted by piece-itpete
Most stations sure don't make that on gas now! More should have those signs.
Pete
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My understanding is that the profit margin on fuel is very slim these days, the actual profit comes from the other stuff.
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I'll believe corporations are people when Texas executes one.
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05-06-2014, 08:44 AM
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Ready
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Join Date: Oct 2013
Posts: 19,168
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Quote:
Originally Posted by Pio1980
So the profit margin is 20% of total and ca 80% of the cost of the product. Doesn't seem bad at all.
The car indicates ca 1936-ish at the earliest
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Gross margin. Before you get to profit he's got to pay the pump jockey and cover his overheads.
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05-06-2014, 08:45 AM
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Banned
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Join Date: Jan 2014
Posts: 4,454
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Quote:
Originally Posted by Pio1980
My understanding is that the profit margin on fuel is very slim these days, the actual profit comes from the other stuff.
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Yep government profit it's called taxes.
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05-06-2014, 08:48 AM
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Senior Member
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Join Date: Mar 2014
Location: NE Bamastan
Posts: 11,065
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Quote:
Originally Posted by donquixote99
Gross margin. Before you get to profit he's got to pay the pump jockey and cover his overheads.
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Right, localized overhead is understood here.
Most folks in this end of things are trying to make a living and don't expect to make a killing.
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I'll believe corporations are people when Texas executes one.
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05-06-2014, 08:50 AM
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Senior Member
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Join Date: Mar 2014
Location: NE Bamastan
Posts: 11,065
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Quote:
Originally Posted by 4-2-7
Yep government profit it's called taxes.
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It's the "people" who are supposed to get the tax benefits thru infrastructure support and services, Bell Cali and similar places excepted.
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I'll believe corporations are people when Texas executes one.
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05-06-2014, 08:55 AM
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Banned
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Join Date: Jan 2014
Posts: 4,454
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Quote:
Originally Posted by Pio1980
It's the "people" who are supposed to get the tax benefits thru infrastructure support and services, Bell Cali and similar places excepted.
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That's the operative word!!
But really only supports government blotting, more regs. & further taxes.
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05-06-2014, 09:30 AM
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Senior Member
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Join Date: Mar 2014
Location: NE Bamastan
Posts: 11,065
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Gvmt isn't the problem, corruption in gvmt and private enterprise is, and the response should be effective incorruptible and accountable oversight. In other words a people problem, make people accountable.
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I'll believe corporations are people when Texas executes one.
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05-06-2014, 09:48 AM
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Senior Member
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Join Date: Mar 2014
Location: NE Bamastan
Posts: 11,065
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Quote:
Originally Posted by 4-2-7
So true, the left feels they are the only ones with rights to assemble and demonstrate.
They also don't understand the premiss of the protest. Bundy's situation is a flash point of government abuse of power. That's the reason people are supporting it, not because someone should not pay graizing fees.
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What abuse? The guy is a deadbeat. Just what entitles him to be exempt from the same lawful regulations his fellow cattlemen follow?
Sent from my SCH-I605 using Tapatalk
__________________
I'll believe corporations are people when Texas executes one.
Last edited by Pio1980; 05-06-2014 at 10:13 AM.
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05-06-2014, 10:32 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by piece-itpete
Most stations sure don't make that on gas now! More should have those signs.
Pete
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So we can see how bad the industry gouges us and then the government taxes us, so they can give the money back to the oil industry in the form of corporate welfare?
Dave
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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