Wow! Cigarettes aren’t cheap!

10.50 Camel CigarettesEver since quitting smoking in 1st grade (yes, I smoked for a full week when I was 7 years old!), I’ve been an opponent of cigarettes.  However, my folks run a convenience store and growing up, I’ve always seen prices of smokes up close since I handed over those “packs” to customers for a dollar plus and up.  I saw this on Yahoo’s News & the images associated with the news and literally almost fell backwards in my chair.  While I think this is a great thing that tobacco’s gotten very expensive, I was still a little floored at how much it now costs for a pack of cigarettes.  I wonder though how much of this $10.50 is margin versus how much is actually the price going up.  I realize that taxes and other tariffs account for a lot of this price, but just like gas prices, I wonder if the tobacco companies’ profits have grown in line with the prices of the products they sell.

On a side note, why is it that oil companies do make much more money when they’re gouging customers throughout the world with higher prices?  I mean, while a barrel rises in price, why is it that the margins seem to increase as well for the leading oil companies in the world?  It’s definitely not my parents or the many convenience store and gas station owners fault because their margins stay the same.  I’ve seen it up close.

Tisk, tisk oil companies…

2 Comments

Filed under Business practices, Companies, Interesting..., Just interesting..., News, Politics, Random thoughts, Rants, Sneaky, Stupid, Unfortunate

2 responses to “Wow! Cigarettes aren’t cheap!

  1. maplesyrup21

    wait.. where do you live? In Korea?

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