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High prices hurt gas station owners, too

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SHALLOTTE -- Early predictions say gas prices could reach somewhere in the $4 mark by summertime. And it's not just the drivers rising prices are hurting. A local gas station owner says gas prices are making it hard to make a profit, much less keep business going. Chuck Ward has independently owned an Exxon gas station in Shallotte since 1999. He says a good portion of the $3 and change people are paying at the pump goes to things like pump maintenance, liability insurance and costly tanker loads. This makes it hard for him to make a profit on gasoline alone, especially when people are trying to drive less. He has to rely on people spending money inside the store, on things like chips and soda. But now even that's not happening all the time. Ward said, "When they spend all their money at the gas pump, which is by far the lowest profitable item that we have, and sometimes no profit that leaves them little or no money to come inside." In order to stay competitive where he is in Shallotte Ward is charging $3.27 a gallon at his store. North Carolina's state average is around $3.20 cents a gallon. According to AAA the national average is about $3.40 a gallon, up 40 cents just in the past month alone.

Will high gas prices hurt tourism?

With gas prices going up right before the busy summer travel season we wanted to see how that would affect the areas that depend on tourism. Local officials say it likely won't, instead of people driving out of state to vacation it's likely more people will stay put, and discover new things about their hometown. Mitzi York with Brunswick County Tourism Development said, "In the past when people have been concerned about gas prices, what we have seen is that people continue to take their vacation they just maybe save in other ways they don't spend as much money going out to eat or buying souvenirs or gifts." Our area ranks ninth in the state for tourism, which annually draws in around $300 million for our local economy.

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Dropping Gas Prices-Please

Dropping Gas Prices-Please Read THIS IS NOT THE 'DON'T BUY' GAS FOR ONE DAY, BUT IT WILL SHOW YOU HOW WE CAN GET GAS BACK DOWN TO $1.30 PER GALLON. This was sent by a retired Coca Cola executive. It came from one of his engineer buddies who retired from Halliburton. If you are tired of the gas prices going up AND they will continue to rise this summer, take time to read this please. Phillip Hollsworth offered this good idea. This makes MUCH MORE SENSE than the 'don't buy gas on a certain day' campaign that was going around last April or May! It's worth your consideration. Join the resistance!!!! I hear we are going to hit close to $ 4.00 a gallon by next summer, and it might go higher!! Want gasoline prices to come down? We need to take some intelligent, united action. The oil companies just laughed at t hat because they knew we wouldn't continue to 'hurt' ourselves by refusing to buy gas. It was more of an inconvenience to us than it was a problem for them BUT, whoever thought of this idea has come up with a plan that can really work. Please read on and join with us! By now you're probably thinking gasoline priced at about $2.00 is super cheap. Me too! It is currently $3.19 for regular unleaded in my town. Now that the oil companies and the OPEC nations have conditioned us to think that the cost of a gallon of gas is CHEAP at $1.50 - $1.75, we need to take aggressive action to teach them that BUYERS control the marketplace..not sellers. With the price of gasoline going up more each day, we consumers need to take action. The only way we are going to see the price of gas come down is if we hit someone in the pocketbook by not p u rchasing their gas! And, we can do that WITHOUT hurting ourselves. How? Since we all rely on our cars, we can't just stop buying gas. But we CAN have an impact on gas prices if we all act together to force a price war. Here's the idea: For the rest of this year, DON'T purchase ANY gasoline from the two biggest companies (which now are one), EXXON and MOBIL. If they are not selling any gas, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit. But to have an impact, we need to reach literally millions of Exxon and Mobil gas buyers. It's really simple to do! Now, don't wimp out on me at this point...keep reading and I'll explain how simple it is to reach millions of people!! I am sending this note to 30 people. If each of us send it to at least ten more (30 x 10 = 300) ... and those 300 send it to at least ten more (300 x10 = 3,000)...and so on, by the time the message reaches the sixth group of people, we will have reached over THREE MILLION consumers. If those three million get excited and pass this on to ten friends each, then 30 million people will have been contacted! If it goes one level further, you guessed it..... THREE HUNDRED MILLION PEOPLE!!! > Again, all you have to do is send this to 10 people. That's all! > > (If you don't understand how we can reach 300 million and all you have > to do is send this to 10 people.... Well, let's face it, you just aren't > a mathematician. But I am . so trust me on this one. > > How long would all that take? If each of us sends this e-mail out to ten > more people within one day of receipt, all 300 MILLION people could > conceiv ab ly be contacted within the next 8 days !!! > > I'll bet you didn't think you and I had that much potential, did you! > Acting together we can make a difference. > > If this makes sense to you, please pass this message on. I suggest that > we not buy from EXXON/MOBIL UNTIL THEY LOWER THEIR PRICES TO THE $2.00 > RANGE AND KEEP THEM DOWN. THIS CAN REALLY WORK. > > Keep it going This may give you something to think about ExxonMobil's first quarter net income was a record $10,890 million, up 17% from the first quarter of 2007. Earnings per share were up 25% reflecting the impact of the continuing share purchase program. Higher crude oil and natural gas realizations, driven by record worldwide crude oil prices, were partly offset by lower refining and chemical margins, lower production volumes and higher operating costs. FIRST QUARTER HIGHLIGHTS Record first quarter net income was $10,890 million, up 17% from the first quarter of 2007. Earnings per share were up 25% to $2.03 reflecting strong earnings and the reduced number of shares outstanding. Spending on capital and exploration projects was $5.5 billion, up 30% from the first quarter of 2007. Cash flow from operations and asset sales was approximately $21.8 billion, including asset sales of $0.4 billion. Share purchases of $8.0 billion reduced shares outstanding by 1.8%. LINK

This is what we should do

STOP MAKING FUEL OUT OF FOOD(CORN)!!!http://www.hempcar.org/indexOLD.html

Profits......

It is a long standing fact that the convenience stores made very little on gasoline profits. The sale of gasoline is to attract people inside to buy beer, cigs, candy, etc. That is where the profit is and has always been made. Notice that it has been years since a "filling station" has existed and even in those days they made their money off of service. It is only a matter of time before these fuel prices really affect the average family and prevent them from having necessities. The big reason for the high fuel prices is GLOBAL demand. Both China and India are trying to create a "middle class" and the fuel demands have shot up exponentially. While I doubt that it will happen in my lifetime, I would give anything to see how the oil producing nations would live without the worlds dependence on their oil. It WILL happen someday and I can guarantee you, they won't get a single bag of rice out of me!!!

don't buy this line

there isn't a business out there not making money. Then why does Exxon CEO annouce how much money they made. Gas station do make money. There is a GO Gas on every block. and that is all they sale. It is called GREED.... Yes there is a demand for oil,, but, the China and India are buying up everything. I am in a fertilizer and you can't get materials because companies have sold to the highest person that will pay the price. It is all about money. No matter which why you look at it. but, one thing people are forgetting you can't take it with you and if there isn't anything to buy what good is the money.

a line of junk

If they aren't making a profit than who is? Bush, and cheney or the owners of the oil companys.. Why can't the state lower the taxs on it. What roads are they fixing? and nothing going to the school. They need money everyday according to them... fund raiser here Fund raiser there... Please get real. We are getting the shaft... They will charge it because we will pay.

gas prices

i work customer service and spoke with a lady in california yesterday who said the gas out there is 4.75 gal.right now.

Cali gas

California has the highest tax on gas in the USA at 62.8 cents a gallon. NC is 48.4, Alaska is the lowest at 26.4. California should have the highest prices if only using that tax. NC is the 15th highest and above the average. I don't think our roads are any worse than other states, maybe unplanned and jumbled.

Want to know current gas

Want to know current gas prices today? http://www.gasbuddy.com/ Pick your state...any state. I didn't see $4.75 a gallon in California (3/11/08), not even for diesel.

gas prices

it may not be on that website but i definately spoke with one of my customers out in california yesterday 3/10 and i specifically asked her what the gas prices were out there and she said 4.70 a gallon. sorry

GREED

Maybe if Exxon was'nt so worried about making record profits, they could help the country out. Were going down the toilet while they get FAT. I love my country but the USA is made in China and Owned by big oil and the IRS.

How dare a company make a profit!!??

Let me guess - you think that corporations are formed to create a new social service agency, right? Or should Exxon-Mobil operate at a non-profit organization? Here are some complex ideas for you to ponder: * Companies are in business to make money. (GASP!) * If you own a lot of oil, you make a lot of money when the value of that oil climbs. * RECORD OIL PRICES mean RECORD PROFITS for those who own the oil, and then sell it. I'm sure you find those concepts really confusing, so just take my word on this one - with interest rates dropping as the insane Board of Governors at the Fed ignores obvious inflation data, you might want to consider taking your $200 balance out of that savings account and buying a share or two of a good oil company.

You ARE so dim!

How can you blame the oil company that makes a measly 6-7 cents on a gallon of gas and the state of NC makes 30 cents per gallon! Go get educated and then come back with a statement that makes some sense! At least the oil company profits will fund your parent's retirement, teachers retirement accounts and fund government through taxes on the profits. But the state of NC takes all these gas taxes and don't accomplish jack with it, except maintain some of the crappiest roads in the nation. You ought to be blaming the state for high gas prices and the federal government for not forcing change in our dependence on foreign oil. It's the Democrats in Congress and the House that are killing this country wasting our money and then demanding more at our expense.

Whatever

California has the best roads in the nation and the gas there is a dollar more than NC. Republican gov. Arnold the steroid king is a big Bush supporter. Driving around in a hummer. Wake up dwayne.I Guess you have alot of oil stocks. I'm sure a lot of people do.

You have proven his point

And perhaps sunk your side of the argument. Dim was a mild understatement.

Which Oil

company do you have stock in? I would like to know so I don't buy gas from them. There's one exxon station no one will be getting gas from for a while.

You already have electricity pumped to your house, so…

Here is what I did a year ago. I built a Plug-in Hybrid. Plug-in Hybrids charged from renewable energy get over 100mpg! Look at the gas prices and you will know why they killed the electric car! 100mpg cars do help. I drive 1500 miles a month and I only buy about 15 gallons of gas to drive that far. In my Yukon I would have to spend 234 more a month on gas. That is almost $3,000 per year! http://video.google.com/videoplay?docid=-7801167825618010038 Yeah, a few hundred dollars a month spent locally instead of on gas won't save our economy, but what if say 50 percent of drivers did this too?

Same Difference

It is the same difference. You will pay for the price of a Hybrid or the price of gas. Hybrids are not what they are cracked up to be. Let's face it, you are going to pay for gas. No one is going to do anything about it. One way or the other, someone is going to get your money. We have the biggest supply of oil right here in the US. We need to use it. The only reason we do not is because of the tree huggers. Guess they would rather pay the high price of oil rather than try and save the economy and spend the money right here in the US.

What does it matter how much

What does it matter how much domestic oil the US has? The American Oil companies will sell it at the world market price. We, the U.S. comsumer will still suffer. The domestic oil is the profit margin the oil companies are enjoying today.