Walrus:
No new gas stations, just existing ones renovating, adding convenience stores, some brand changing, a few tank replacements.
The few I know of that were in the planning stages got rejected by zoning boards. They were convenience chains that sell gas and there was a lot of oposition.
The tier pricing debate still don't sit right with a lot of people.
Are you implying that the profit margin % is now less with the higher per gal price?
5% margin on $2.00/gal, vs 5% margin on $4.00/gal. is how I see it.
