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Gas Station For Sale, California

  We have just listed a Bank owned station in Lompoc CA. This station is closed and bank owned we are asking...
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Gas Retailers Feel Pain at the Pump From Credit Card Fees

WASHINGTON, D.C. — While it is easy to believe that gas retailers are making a profit every time the price at the pump ticks up a few cents, the reality is operators lose money, according to the Merchants Payments Coalition (MPC). The Oil Price Information Service recently reported gas stations took in 13 cents a gallon in gross profit — before taxes, payroll and other overhead...
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Beating Back the ‘Big Box’

Marketers push back Kroger’s attempt to amend California below-cost law SACRAMENTO, Calif. – Marketers and their allies have defeated an attempt by grocery giant Kroger to amend California’s longstanding below-cost sales law–at least for now. Kroger was the main supporter of a bill introduced by Assemblyman Robert Wieckowski (D) that would have changed the law to make it...
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Judge Can’t Help Dealers About to Lose Stations

“Powerless,” warns of “domino effect” of injunction in BP-dealer embroglio SAN DIEGO – A federal judge said she is “powerless” to issue a temporary restraining order to prevent BP from terminating the franchises of more than 100 ARCO and Thrifty dealers whose Southern California stations are to be turned over to independent refiner Tesoro. Judge Janis...
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Independant Gas Station Owners Struggling.

The pain at the pump is hitting not only consumers but also the owners of America’s roughly 110,000 independent gas stations. U.S. gas consumption is estimated to be at an 11-year-low, at around 8.4 million barrels a day, down 4.3% from a year ago. In the face of sharply declining demand for gas, Robert Fisher of Phoenix said it’s increasingly difficult for him to make a...
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Reasons Why Gasoline Prices are so High

By. Richard Heinberg Source: Post Carbon Here in northern California gasoline is now retailing for $4.20 a gallon. Prices haven’t been this high since mid-2008. Forecasts for $5 per gallon gas in the US this summer are now commonplace. What’s driving prices up? Most analysts focus mostly on two factors: worries about Iran and increased demand from a perceived global economic recovery....
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