There was an increase in thefts immediately, especially with the dramatic increase of prices, ... After Katrina, there were so many retailers that couldn't absorb losses anymore ... so they went to prepay. They couldn't afford that one drive-off a day that would hurt their gas profits. And with Rita ... we will see more stations go pre-pay, if nothing else, as a temporary solution. - Jeff Lenard Quotes
There was an increase in thefts immediately, especially with the dramatic increase of prices, ... After Katrina, there were so many retailers that couldn't absorb losses anymore ... so they went to prepay. They couldn't afford that one drive-off a day that would hurt their gas profits. And with Rita ... we will see more stations go pre-pay, if nothing else, as a temporary solution. Jeff Lenard
 

More - Jeff Lenard Quotes

There are no strong regional players on the west coast. The west coast tends to be mom and pop stores. It's a lot more open for competition than the east coast. - Jeff Lenard Quotes

There are no strong regional players on the west coast. The west coast tends to be mom and pop stores. It's a lot more open for competition than the east coast.

Jeff Lenard

 
When gas is $3 a gallon the retailer is responsible for about 4 percent of the cost, but they are getting 100 percent of the abuse. - Jeff Lenard Quotes

When gas is $3 a gallon the retailer is responsible for about 4 percent of the cost, but they are getting 100 percent of the abuse.

Jeff Lenard

 Cost
We're in hyperdrive. These wholesale increases are going to be felt almost immediately. - Jeff Lenard Quotes

We're in hyperdrive. These wholesale increases are going to be felt almost immediately.

Jeff Lenard

 
It's all related to how recently you got your shipment. Retailers base prices on replacement costs. - Jeff Lenard Quotes

It's all related to how recently you got your shipment. Retailers base prices on replacement costs.

Jeff Lenard

 
No matter how old you are, there are things you can pick up to round out your stocking. - Jeff Lenard Quotes

No matter how old you are, there are things you can pick up to round out your stocking.

Jeff Lenard

 
Consumers are trying to displace the pain for a few weeks. - Jeff Lenard Quotes

Consumers are trying to displace the pain for a few weeks.

Jeff Lenard

 Pain
We're in uncharted territory. We're seeing more people going to prepay than ever before. I think we'll look back on 2005 and say 'Remember when we used to be trusted to pay for our gas? - Jeff Lenard Quotes

We're in uncharted territory. We're seeing more people going to prepay than ever before. I think we'll look back on 2005 and say 'Remember when we used to be trusted to pay for our gas?

Jeff Lenard

 People
As the price of gas climbs, people's values decline. - Jeff Lenard Quotes

As the price of gas climbs, people's values decline.

Jeff Lenard

 
There has been an incredible increase in the number of retailers who are throwing up their hands and saying, 'That's it, we are going to require prepay until we can figure out another way,' - Jeff Lenard Quotes

There has been an incredible increase in the number of retailers who are throwing up their hands and saying, 'That's it, we are going to require prepay until we can figure out another way,'

Jeff Lenard

 
Stores are figuring out you make more selling a 12-oz. cup of coffee or a 12-oz. bottle of water than you can selling a gallon of gas. - Jeff Lenard Quotes

Stores are figuring out you make more selling a 12-oz. cup of coffee or a 12-oz. bottle of water than you can selling a gallon of gas.

Jeff Lenard

 Coffee
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