Most gas stations profit primarily from the products they sell inside their stores, as margins on gasoline range from 1%-2%, and actually make more money when prices are low.
signage. The cost of crude oil makes up roughly 55% of the price consumers pay at the pump, while the remainder is made up of an assortment of costs, including taxes, refining costs, distribution costs, and only then, profits for the retailer.
Over the long term, retail fuel prices constantly fluctuate with changes in crude prices. Gas prices move in tandem with oil prices, but not as much in either direction. Indeed, over the past 10 years, a 10% rise in crude prices has only produced about a 5% hike in gas prices.
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