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Lukoil NJ station manager Khalid Zackria on the station’s decision to increase its price to $9 a gallon to protest corporate pricing policies.
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You very much -- Turning now to exorbitant gas prices if you sticker shock at four bucks a gallon.
Get ready for nine dollars a gallon to -- more than fifty lukoil franchise owners and need to new York New Jersey and Pennsylvania.
Our pro testing -- is pricing policies -- jacking up their own prices.
The dealers pay lukoil between five and thirty cents a gallon more than their competitors they say which means they have to charge -- the -- so they're losing business with me now.
From south Plainfield New Jersey.
Oil station at the side of the protests is station manager -- South Korea.
Thank you so much for joining us tonight and I'm just wondering.
So see you have to pay more than your neighbor across the street I understand why why that would frustrate you because you acted either pass those prices on your consumer and and you know maybe lose some customers.
Or you have to eat that cost yourself but what -- -- achieve by making your prices you know nine bucks a gallon per couple days.
Well first of all thank you for having us on.
No -- -- Let me just tell you -- -- yesterday might price might cause was three dollars 78 cents.
My competitive down a street here.
Which is a block to two blocks away are selling.
But for fuel regular fuel at three dollars seven.
Two stations are selling it at 379.
One stations selling at 385.
And the other raceway station is selling it at 377.
It might cost is 378.
And then selling at three -- nine how my gonna survive -- no one penny.
I don't -- I absolutely understand the map that you're talking about -- -- it sounds like you can't possibly be in business or how long has this been going on because to me you know visited this is the atmosphere you'd be out of business by now.
This has been going on put it past -- two to three years.
We've -- into -- GSM which territory sales managers.
-- lukoil here and they keep saying.
Well we can do nothing about pricing we can do nothing about pricing then we always ask all the dealers who does -- pricing.
Because we -- all ways.
-- -- to 25 cents above the street price so how.
And business that I mean are you passing that on your problems what we're passing it on right to our customers and thank god we have customers who do understand.
The pain and suffering that we are going through I talked to my customers all the time.
And they done this they understand but that what we're going through and actually 100% supporting us on this protest as we speak so what has been a response from.
Hello my outlook as you say you know we're gonna charge hater not box for a couple days and you're not gonna get any revenue it's obviously no one's gonna come by what -- they say -- you.
They haven't responded as of yet.
We're still waiting for a response.
I have not heard from my TSM my territory sales manager as of yet.
No one has responded I have not -- spoken to any other -- well -- that the -- I don't know of anyone has contacted them.
You're you're manager you're franchise owner I mean why don't you go work for a different station or hurt you know fly different -- Buy oil from a different company gasoline.
This seems like that you know is obviously -- situation where you can't make any money.
While.
We don't have a choice we have -- -- here.
That we -- signed and we are obligated to we have to sell that local oil fuel.
We can buy fuel from another.
Another agent we only could buy fuel from lukoil itself.
Have you had no -- today's anyone coming in and -- -- rocks and I bucks -- -- We've had to customers who love our regular customers who actually supported us and -- a gallon -- -- just to show that support.
And and.
How many days are you gonna do this sport until you finally give up while we're gonna what does -- -- first protest replace him look older than listen we're gonna have to do it is again.
-- get the point gets across.
We're going to be I -- to price last night -- 99 around 9 o'clock I'll be changing it back tonight around 9 o'clock to to normal price that we had earlier.
While we're gonna be very interested to see how this situation and bolts -- thank you for coming -- our programmes might best of luck to you.
You know we've laws.
So much business.
Half of lost sales -- gun because have a hot high pricing I I have no doubt yeah it is gone because -- high pricing when my competition is selling fuel that might cost.
That -- is selling it to me yeah.
Who's gonna stay in business -- we we hear you -- hardware not to we're -- -- time but I gotta come back later and tell us how it turns out thanks for coming on the program we appreciate your time best black.
Thank you -- so.
