Please include full name and address for verification purposes if you wish your letter to considered for publication. As we enter the peak summer driving season, I wanted to take this opportunity to see the record straight and educate the motoring public regarding the price of fuel. More than 93 percent of the price of a gallon of gasoline is determined before it even reaches your local convenience store. Out of that last 7 percent, the convenience store owner must pay for all of the costs associated with getting the gasoline into your tank including salaries, fuel transportation, utilities and equipment. The small fraction remaining after all of these costs are covered is profit for the convenience store.
Many factors determine the price of a gallon of gasoline.
When you control the energy the world depends upon, you can pretty much set the price. Missouri's petroleum marketers and convenience store owners work hard every day to fuel Missouri's economy, pursue the American dream and fully participate in the free market system. However, the next time you fill up please remember that your local convenience store is making only pennies on the gallon. Please include full name and address for verification purposes if you wish your letter to considered for publication.