Comment on Tobacco Company Credits Falling Gas Prices With Rising Sales

Tobacco Company Credits Falling Gas Prices With Rising Sales

(Xavier J. Peg ☠)Gas prices have fallen signifiantly in the last year or so, which is great news for consumers, if not necessarily for gas stations. There’s another hidden winner in this situation: tobacco companies. Customers who are spending less on gas have more money to spend on cigarettes, and gas stations happen to be a convenient place to buy them. Of course, no one’s going to say, “Hey, it only cost $40 to fill up my tank: time to take up smoking!” Yet having more spending money might lead people who already smoke to buy at a gas station instead of buying in bulk elsewhere.

 

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