Updated: March 26, 2020 07:50 PM
Created: March 26, 2020 05:52 PM
SARATOGA SPRINGS - Prices have dropped, but some say not nearly enough.
NewsChannel 13 obtained price quotes this week from an Albany-area gas supplier which show the delivered cost of a gallon of regular gas, including taxes and fees, is about $1.10. A typical cost to the consumer is $2.29.
"It's immoral. It really is," said Steve Doheny, whose family has been in the gas station business for six decades.
He owned area stations for 36 years, including in Glens Falls and Ballston Spa. He says a retailer typically makes between a nickel and 20 cents per gallon.
Doheny can't stomach that stations are making a dollar or more a gallon, especially during a time when people are out of work.
"I've never, ever seen anything like this in the 36 years I was in business," said Doheny "To make profits four and five times what their normal gross profit would be is immoral, it's sickening, it's just wrong."
Jim Calvin, president of the New York Association of Convenience Stores says his members need to keep the gas prices higher to keep the lights on.
"They've lost 50-percent of their gas volume, and 40-percent of their sales inside the store, yet they still have 100-percent of their costs - in fact, even more than that, because many are offering additional 'hazard pay' for employees."
Stewart's Shops spokesperson Erica Komoroske emailed NewsChannel 13 the following statement:
"…There are many factors that determine gas prices including supplier, terminal and carrier costs, shop locations, gas taxes, current inventory in the ground and future inventory purchases. Please know that we are doing our best to maintain fair pricing."
However, Doheny isn't convinced.
"In all of the years I was in business, I've never ever seen anything like this and don't know that there's any justification for it."
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