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Like ive said many times in the past the people making the real money in all of this are the credit card companies.
Some of you may or may not believed how much we lose to the big CC boys but it should be more and more apparent now with alot of stations going cash only. I took a ride up to clinton road about a week or so ago and noted a TON of cash only stations on 23.
Definitly a good strategy if you are allowed to do it. Some places, like the shop I work at cant. We are a company owned sunoco station that my godfather pays rent at. Hes been doing it for 20+ years at the same location in elmwood park. In our case since its owned by Sunoco they wont allow us to go cash only or post a seperate cash price.
Its gotten to the point we are getting out of the gas thing and opening a new shop to concentrate on just automotive work. The gas game isnt worth it anymore. I know alot of people think the gas stations are making a killing during this stuff, but its really not the case. After all is said and done on a credit card purchase we make around 7 cents on regular. Add that to the 30ish grand that each tanker load of fuel costs every 3 or so days (which sunoco drafts electronicly from your checkbook when it leaves the depot, not when its delivered) and its really not worth it at all.
Aside from various tiny places here and there the cheapest way to get fuel, sunoco fuel anyway would be on the turnpike. There is less tax on the fuel since its a toll road, the price can only be changed once a week(as opposed to non turnpike/parkway stations that can change prices once every 24 hours), AND I do believe if you go to the sunoco in the vince lombardi service station you can actually go there and back without ever paying a toll if you are going the right direction... I guess if you were local it wouldnt be to bad of an idea.
This isnt to say speculators on wall street, shortages/over production, enviromentalists, etc dont all have a hand in setting the price of fuel, just dont forget the silent giants that make 3ish percent on EVERYTHING without doing a thing. Thats what really adds up.
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