Loss Calculations
Here is an easy way
to calculate your lost profits:
At $2.35 9⁄10 per gallon:
One cubic inch of fuel cost = 1.02 cents
100,000 gallons per month = $204.24
Approximate annual loss = $2,450.91
Bottom Line
Meter Calibration must be as near zero as possible
Action:
You shouldn't wait for the Department of Agriculture Weights and Measures to check the accuracy of your meters. Have Petroleum Standards test them for you. They may only need a field adjustment, or if they need more, we can also replace them with meters that will assure accurate dispensing.
How Much Fuel Are You Giving Away?
Approximate Annual Loss From Meters One Cubic Inch Out Of Calibration |
---|
Gallons Pumped Per Month |
Sale price per Gallon -- Amount of $$ Lost Per Year | ||
---|---|---|---|
At $2.50 per gallon | At $3.50 per gallon | At $4.00 per gallon |
25,000 | $649.56 | $909.36 | $1,039.20 |
50,000 | $1,298.76 | $1,818.24 | $2,077.92 |
75,000 | $1,948.20 | $2,722.48 | $3.117.12 |
100,000 | $2,579.40 | $3,636.36 | $4,155.84 |
250,000 | $6,493.56 | $9,090.96 | $10,389.60 |
How Much Can You Afford To Lose?
Call Petroleum Standards to calibrate your meters. No matter what type of meter, we have the parts and knowledge to correct meter problems and help your business be more profitable.