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Gas prices continue to rise, gas stations see little profit

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WILMINGTON -- In the past week, gas prices in our area have gone up nearly ten cents a gallon. And we are by no means alone. While many drivers are upset about the jump at the pump, many gas station owners are just as concerned. They say they are not pocketing any additional profits from the higher prices. Musa Agil owns the Wrightsville Country Store in Wilmington. He says he doesn't pick the price for a gallon of gas. Agil said, "They're decided based on the market. Gas prices are just like the stock market, they're changing everyday. They could go up, they could go down." Though gas prices have gone up for the past few weeks, Agil says his profit hasn't. "The statement that nobody makes money on gas is a very true statement. We really do not make money on gasoline," Agil said. "When we pay the credit card fees, the maintenance, the upgrades and all, we're actually losing money; we're not making any money at all." Agil says on average he gets about three cents profit from each gallon of gas he sells. The rest of the sale he says goes to oil companies and state and federal taxes. Triple-A Carolinas says it cost about $5 less last month to fill up your car than this month. We're still in a better position than other states around the country. Some of them have had record high gas prices in the past week.

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