This was back in the early-mid 80s, but I moonlighted at a local gas station a couple of nights a week, and on Saturdays. At the time, we were a branded, but privately owned Shell Franchise service station, with 3 service bays. We typically made 2-3 cents a gallon for gas sold, and if we sold more than 50,000 gallons a month (which we did when I was there), shell would kick in an extra 2 cents per gallon.
In the meantime, the Gastown station across the street was usually retailing a couple of cents lower than us, and at times, were selling retail for less than what we were paying Shell wholesale. The owner of our station kept his books in the back office, and I looked at them numerous times.
So yeah, for the gas station, it was a very low margin operation at the time, and I bet it’s even lower now. They make money selling beer and snacks from the convenience store. The gas sales - while not quite a loss leader, has a very thin margin and serves to draw people in to the store to buy other goods.
Biden is full of malarkey if he thinks that the gas station is marking up gas well over their costs. It’s all about supply and demand, as always. And Biden’s administration have done much to weaken the supply, which obviously raises prices. No magic there.
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The service bays probably helped a lot. We didn’t have bays at the station I worked at, but we were a general store and we gave full service, standard, for all customers (oil, air, windshield etc...). We were pricier, but people really liked that extra service.
We also had near literally everything you could think of needing that was the kind of stuff that you ordered 8 of in 1927 and still had 3 left in 1983 (that old attitude was how I managed to source .284 Win ammo before they started making it again LOL)