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State's gasoline retailers cash in
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Contributor | Servo |
Last Edited | Servo Nov 01, 2005 01:05pm |
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Category | News |
Media | Newspaper - Arizona Republic (Phoenix) |
News Date | Tuesday, November 1, 2005 07:05:00 PM UTC0:0 |
Description | Arizona gasoline retailers are taking in their largest profits of the year, with station owners collecting nearly 35 cents for every gallon sold.
The gross profit margin, which is about three times the retailers' typical profit of 12.5 cents per gallon in the region, reflects the current wide spread between what retailers are paying for gasoline from their wholesale sources and what they are charging their customers. |
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