The profit margins of petrol service stations are very small. They make almost no money on the fuel they sell, most of their income comes from the convenience store normally attached to the station.
In 2007, Exxon Mobil's profit per gallon of gasoline was approximately 10-11 cents. This figure was derived from the company's overall profit margins and sales volume during that year. While the company generated significant revenue from gasoline sales, the profit per gallon remained relatively modest compared to the retail prices consumers paid at the pump.
In a simple illustration, let's assume an oil company is paying $100 for a barrel (42 gallons) of basic crude oil. Their cost for a gallon will be about $2.38. At a gasoline-pump price of $4.00 per gallon. so, result comes as cost of converting one gallon crude oil is $1.62 (4.00-2.38=1.62).
the effect of new pump price on public finance
How much was diesel at the pump in 1991
Pump priming
You can apply for petrol pump license in Gujarat in Ahmedabad opposite Kargil Petrol Pump.
Pollutants are not checked at a petrol pump.
None. You do not store fuel in a pump.
how can i get the licence of petrol pump kindly suggest I WANT OPEN A NEW PETROL PUMP CAN YOU TELL ME THE PROCEDURE FOR IT
how can i get the licence of petrol pump kindly suggest I WANT OPEN A NEW PETROL PUMP CAN YOU TELL ME THE PROCEDURE FOR IT
petrol pump attendent in yemen
The procedure to get licence of a petrol pump in kolhapur?
The amount of money required to open a petrol pump can vary greatly depending on various factors such as location, size of the petrol pump, infrastructure requirements, and licensing fees. Generally, it can range from several hundred thousand dollars to a few million dollars. It is advisable to conduct a detailed feasibility study and business plan to determine the specific financial requirements for opening a petrol pump in your desired location.
petrol or diesel if its petrol its on the pump if its the 1.7di then its behind the pump
i want get licence for new HP Petrol PUMP
i will direct my pump
There are a lot of ways to dispose of profit. One way is to simply spend it, or pump it back into a business. If you run a car wash you can dispose of profit by ordering extra cleaning supplies.