answersLogoWhite

0


Best Answer

Company no have money since people no pay money at gas station

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why have so many gas stations closed?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

How much was the price per gallon of gas in the 1800s?

There was no network of petrol (gas) supply points in 1800s. Cars were only invented in Europe in 1885, so the advent of motor transport (and petrol stations) was not until 1900s.


When were the gas prices so high we waited in lines for gas?

1973?


What is the purpose of a monopoly?

The purpose of a monopoly is to have control of the entire section of a part of the economy. If someone has a monopoly over a certain thing they are the only people who can provide that service or product so they will have the ability to make their prices really high. Ex. if one company owned all the gas stations in a 50 mile radius they could sky rocket their gas prices and people would still buy gas from them because they have nowhere else to buy gas.


Is OPEC to blame for high gas prices If so why?

OPEC wants gas prices to be higher so that its member nations can profit more from oil.


Why are natural Gas prices so expensive?

Natural Gas is a commodity and as such it is bought and sold by speculators. Gas is purchased by brokers who in turn sell the gas to Natural Gas companies. They thake a profit first then the gas companies take a profit. there is nothing public about natural gas companies. They are private, for profit companies that sell natural gas to consumers like you and me. They are regulated by a commissions of people they approve of so they raise prices at will. It should be noted that natural gas is extreamly abundant in the United States and easy to extract. Gas companies have set up a network of pipe lines and distribution outlets many of which are decades old. Many of the local and civic natural gas companies were bought out years ago and now are owned by private investors. Some of the companies offer non preferred stock and will yield some dividends but nothing closely resembling the enormous profits they make on the backs of their customers. There is no competition in this market place. That is why natural gas prices are high.

Related questions

Is justice open on Thanksgiving?

I don't think so. All stores are closed on thanksgiving expect gas stations.


Is the gas stations closed on Thanksgiving day?

i think so. but pretty much yeah some of them.


Do all U.S. gas stations accept American Express cards?

It's really hard to answer this since there are so many gas stations and brands. You have to get your question more specific. like do all BP gas stations accept credit cards?


How many e85 gas stations does the state of Michigan have?

In Michigan, there are numerous E85 stations. They are located in 46 different cities. There are 58 stations spread across these cities. So it would be somewhat easy to locate a station in the state.


What are the problems of power stations?

The stations letting CO2 gas out to the atmosphere to act as a blanket or a green house so this makes our earth warmer and this stations damage our plants and animals.


Why do gas stations put up the cash only price?

Cash prices are less than card prices, so gas stations post both to encourage customers to pay with cash.


Will any gas stations be open on Christmas day in pikeville Kentucky?

yes . there are truckers who haul big rigs 24 X 7. so main gas stations in inter state will be open


Should you give tips on full service gas stations in the US?

It is not necessary to give tips with full service gas stations as this is part of customer service, but, an individual can give a tip (gratuity) if they so chose.


Why in Callifornia are there so many Mexican stations?

because there are so many illegals


Is AAA open on memorial day?

The business offices of many companies, like AAA, are closed, but the services they provide are available because the various gas stations which work for AAA are generally open. So if your car broke down and you called AAA, someone would answer.


Why are there so many train stations called penn stations?

These stations were built by and originally used by the Pennsylvania Railroad, thus the name Penn


Why does lirr have so many stations?

Its a commuter railroad.