With gas prices up, station stops the pump

At least one local service station has stopped pumping gasoline because of the increasing fuel prices.

Spring Hill Pit Stop has been without fuel at its Gilmer Road location for about two weeks


“When I make a 5 percent profit on gasoline and my price jumps 30 to 33 percent, the profit doesn’t cover the increase,” McCloskey said. “I really don’t know when I’ll be selling gas again.”

…McCloskey said part of his problem with gasoline prices is that he is an independent dealer, unlike many convenience stores that are owned by oil companies.

“I’m not branded, so I have five days to pay my gasoline bill, which basically means I have to have the money upfront,” he said. “So if I don’t make enough money from one load to cover the next one, I can’t buy it.”

News-Journal (Longview, TX)