2min chapter

Freakonomics Radio cover image

Introducing “The Economics of Everyday Things”

Freakonomics Radio

CHAPTER

The Gas Business Is Penny Business

Gas station owners make about 30 cents for every gallon of gas they sell on average. Gas stations are at the very end of a long, complex and expensive supply chain. Between 50 and 60 percent of your cost of gasoline is that cost of crude oil.

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