25 Quotes by Jeff Lenard

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

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?

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.

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.

You don?t make your money at the pump, you make it in the store.

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,'

There is a 12-cent per gallon normal retail markup. But usually, the profit margin is about two cents a gallon.

We sell time as much as anything. It doesn't matter if it's gas, a sandwich or a phone card. The goal is to sell time.

This week, there's been a huge upswing in retailers who've said, 'Enough. I can't figure out another way to prevent theft,' who've gone to prepay.