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The Economics of Everyday Things· Folge 1

Gas Stations (UPDATED)

Freitag, 24. Oktober 2025 · 15 min

MP3

Shownotes

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 (dallasfed.org/cd/people/golding), assistant vice president of the Federal Reserve Bank of Dallas.
• Jeetander P. Sethi (apca.us/about-us/#:~:text=Bank%20of%20Fresno.-…), founding member of the American Petroleum and Convenience Store Association.
• Kai Trimble-Lea (urbanmilwaukee.com/2022/03/26/black-owned-gas-…), owner of a B.P. gas station in Milwaukee, Wisconsin.

• RESOURCES:• "Top Numbers Driving America's Gasoline Demand (api.org/news-policy-and-issues/blog/2022/05/26…)," by Lem Smith (American Petroleum Institute, 2022).
• "Electric Cars Are Coming. How Long Until They Rule the Road? (nytimes.com/interactive/2021/03/10/climate/ele…)" by Brad Plumer, Nadja Popovich and Blacki Migliozzi (The New York Times, 2021).
• "Petroleum & Other Liquids (eia.gov/petroleum/gasdiesel)," (U.S. Energy Information Administration).

• EXTRAS:• "In the 1890s, the Best-Selling Car Was … Electric (freakonomics.com/podcast/in-the-1890s-the-best…)," by Freakonomics Radio (2022).
• "Is it Too Late for General Motors to Go Electric? (freakonomics.com/podcast/is-it-too-late-for-ge…)" by Freakonomics Radio (2020).

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