1min chapter

Planet Money cover image

Breaking down the price of gasoline

Planet Money

CHAPTER

The Magic Bad Number for Gas Station Owners

$4 is kind of like the magic bad number for gas station owners. Anything above the 4 is not good for us, says owner Leon Markosian. $3.50 cents per gallon is when his gas station does well and makes good money. When gas prices are high, he sells fewer gallons so he makes less profit. And then he gets all the blame for it.

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