My Brother-in-law runs a gas station. The margin on fuels is so tight he has to chase the price up and down to make much at all on gas. The margin is usually less than a dime to him. If he did not raise prices as they went up he would not be able to make up what he losses when they go down.
He has shown me the books. The profit is in the convenience items. If you buy $20 of gas: that would be about 6.5 gallon or a 65 cent profit. You buy a fountain drink for 99 cents and he makes 75 cents on it. Beer and candy bars have an even better margin. So a few hundred dollars of soft drink mix and water will make him more than a few thousand dollars of gas.
I used to own part of a fuel distributorship. Good friend needed help getting started. He was making four cents a gallon on diesel in 1988. His price was set by the company he bought from. If he marked it up any higher they would not sale him any more. So he had to store a semi load and deliver it to make four cents a gallon on diesel fuel. Call it #2 home heating fuel and he got to make six cents per gallon. He was able to buy me out after two years and I was glad to get out of it.
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Today's Featured Article - New Hitches For Your Old Tractor - by Chris Pratt. For this article, we are going to make the irrational and unlikely assumption that you purchased an older tractor that is in tip top shape and needs no immediate repairs other than an oil change and a good bath. To the newcomer planning to restore the machine, this means you have everything you need for the moment (something to sit in the shop and just look at for awhile while you read the books). To the newcomer that wants to get out and use the machine for field work, you may have already hit a major roadblock. That is the dreaded "proprietary hitch". With the exception of the
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