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Transcripts for FOXNEWS Americas Newsroom With Bill Hemmer Dana Perino 20220318 14:47:00

their story from philly today. hey, jeff. that s right, bill. just outside of philadelphia and abington pennsylvania for the gas station behind me, yeah a mom-and-pop station peer to franchised station paired that s what most of the stations are. take a look at this number. you think big oil controls gas stations, no. just 5% of the 150,000 gas stations in this country are controlled by big oil company for the rest are real mom-and-pop s. yeah. the other myth, myth busted number two, the fact that they make a ton of money off of gas. actually, most of the stations have a convenience store attached to them and they make more of the money off of the convenience stores. the gas markup, very small. listen. the profit margin on gasoline is very, very small. two, three, $0.04 a gallon. that s why see most gas stations now have convenience stores. they are probably making more in a cup of coffee they sold to them on the gasoline.

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