I bet it’s my taxpayer money.

  • Hegar@fedia.io
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    13 days ago

    More than a half-dozen fuel industry analysts and officials, including some who work with retailers in the two states, told POLITICO they had no idea who was behind the effort and were baffled at how the retailer could survive offering discounts of up to 50 cents per gallon, well below market rate.

    Experts in the field all seem to think it’s fairly obviously not profitable.

    Gas stations changed their branding overnight, the business only incorporated June 23rd, and no one can say who’s behind it or who is covering these losses.

    It’s obviously some shady BS from the trump regime, trying to minimize the impact of their fuckups in iran.

    • ryannathans@aussie.zone
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      13 days ago

      “Experts” that obviously profit from high prices

      There’s no losses when they are selling at profit. Look at the wholesale cost of gas with takes. When the brand launched it was $3

      • greybeard@feddit.online
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        13 days ago

        Running a gas station costs more than the raw cost of wholesale gasoline. You have to pay for delivery, employees, rent, maintenance, and taxes, at the very least.

        • ryannathans@aussie.zone
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          13 days ago

          The number includes tax and delivery. More is sold than just gas, and 47c per gallon is considerable profit margin for a gas station to operate