This is an interesting story from LA Times:
Soaring costs are squeezing gas station owners too
[COLOR=#333333! important]Dealers say fuel and other expenses are rising so rapidly that they can't keep up.[/COLOR]
[COLOR=#999999! important]By Elizabeth Douglass and Ronald D. White, Los Angeles Times Staff Writers
June 10, 2008 [/COLOR]
Andre van der Valk hasn't been paid in six months.
He has a job, though, as owner of four service stations in Southern California. He hasn't taken a salary this year so he can pour all his money into buying fuel for his stations.
Despite the jaw-dropping prices at the pump -- they jumped 19 cents a gallon in California to $4.43 in the last week and averaged more than $4 a gallon nationwide for the first time, the Energy Department said Monday -- service station owners aren't making the killing that motorists assume.
That's because credit card fees, the price of tanker-loads of fuel and other costs are rising so rapidly that station owners haven't been able to keep pace despite the record prices they're charging.
"People see $4 gas, and they think these retailers are making a fortune," said Ben Brockwell, a director at Oil Price Information Service, which tracks fuel prices. "The reality is these guys are being stressed to the limit."...............................
http://www.latimes.com/news/printedi...,2585887.story
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