Gas stations are becoming increasingly difficult to operate. In order to survive, operators have long been forced to diversify their operations. In addition to setting up convenience stores, they either sell agricultural products and cabbage, or tire maintenance stores, sell mooncakes, or even CNOOC. Recently, due to the government's efforts to promote green energy, gas stations have added another non-industry income.
In addition to the policy of China National Petroleum Direct Station, many franchise stations have also begun to install solar panel on the roof of the station. A gas station operator said that selling units of can earn 30,000 yuan every month, and you can make a profit after 5 to 6 years. Everyone has started asking recently and are interested in making money from tv.
In the past few years, gas station competition was fierce and profits were so small that it set off a wave of bankruptcy. However, in the past two years, the bankruptcy wave has temporarily soothed due to high oil prices and China National Petroleum Corporation's increase in gas station gross profit. According to statistics from the Ministry of Economic Affairs’ gas stations in February this year, there are 2,489 stations in Taiwan, only 3 fewer than the same period last year, and there is no significant shutdown.
In 2010, the number of gas stations in Taiwan was 2,631, and later fell below 2,500. There are still many small and medium-sized stations that cannot be supported. After the protest, in 2016, CNPC agreed to increase the gross profit of gas stations and played a role in stopping bleeding. According to statistics from the Energy Bureau of the Ministry of Economic Affairs, the number of gas stations in Taiwan in 2017 was 2,489, only 3 fewer than the 2,492 in 2016. Although the number of stations has not rebounded, it has no longer seen a significant shutdown.
For the temporary relief of the bankruptcy wave, Yu Jianliang, president of the China National Petroleum Franchise Station Association, also said that it is indeed rare for the industry to close down in the past two years. His analysis mainly benefited from the increase in gross profit of CNPC by 0.4 yuan, Formosa Plastics was forced to follow up. This helps the largest small and medium-sized gas stations with daily oil output of less than 10 fairly, and can make an additional profit of more than 1 million yuan per year due to the increase in gross profit.
In addition, the rise in international oil prices also gives gas stations room for inventory profit. Last year alone, the international Brent crude oil price rose by 20%, and the revenue of each gas station has improved. [Source: Taiwan China Times, original title "Breaking money, selling gourmet dishes at gas stations"]
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