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When gas prices skyrocket, do station owners get a windfall? And where do their profits really come from? Zachary Crockett pulls up to the pump.
- SOURCES:
- Garrett Golding, assistant vice president of the Federal Reserve Bank of Dallas.
- Jeetander P. Sethi, founding member of the American Petroleum and Convenience Store Association.
- Kai Trimble-Lea, owner of a B.P. gas station in Milwaukee, Wisconsin.
- RESOURCES:
- "Top Numbers Driving America's Gasoline Demand," by Lem Smith (American Petroleum Institute, 2022).
- "Electric Cars Are Coming. How Long Until They Rule the Road?" by Brad Plumer, Nadja Popovich and Blacki Migliozzi (The New York Times, 2021).
- "Petroleum & Other Liquids," (U.S. Energy Information Administration).
- EXTRAS:
- "In the 1890s, the Best-Selling Car Was … Electric," by Freakonomics Radio (2022).
- "Is it Too Late for General Motors to Go Electric?" by Freakonomics Radio (2020).
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