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The oil companies don’t own gas stations. Those are privately owned with franchising agreements.
by spoonjim 6y ago
The oil companies don’t own gas stations. Those are privately owned with franchising agreements.
- grogenaut 6y agofranchising agreements can force people to add new products like the McRib, or charging stations or lose supply.
- shiftpgdn 6y agoDepends on the supermajor. I know BP for sure has a retail arm where they own gas stations in addition to franchises. Same for shell.
- shrumm 6y agothe franchisee has a profit motive too. If adding a charging station brings in more revenue - I don't see why the franchisee would refuse. Also, factor in that charging times are longer for EV. This means they'll spend more money at the in-station cafe/convenience store vs the avg IC car driver.
- vegetablepotpie 6y agoI can see that. Gas at gas stations is more of a loss leader, the real profits are in alcohol and tobacco.