About this episode
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). Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.