May be different in different states....
I've heard that figure for Montana operators is $0.009/gal.
Yup, less than a penny.
Only place they make money is from the convenience store. (Or the casino or the motel.....)
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I always hear this, but on the face of it it belies credulity. There is a huge cost in permitting and then maintaining large underground tanks. Beer and bags of normie feed aren’t gonna keep up with that. It’s more reasonable to assume they at the least break even which would indicate that they make at least 10% gross on the product.
I’ve noted this is a common trope among horse boarding facilities (“we never make any money on this op”). Now, this could be true across a lot of stuff if it’s part of an overall tax reduction strategy, but no one is going in a million plus (or in to debt) on a gas station or hay burner facility to earn sub inflation returns without a strategy behind it…