Phone: 732-256-9646

Mon-Fri: 9:00am – 5:00pm

Penny Problems, Min Wage Increase, Station for Sale

October 2, 2025

Pennies Starting to Disappear

Not long after taking office earlier this year, President Trump tweeted that the US should eliminate the penny from production, owing to the fact that it costs more to produce a penny than the face value of the coin, and that therefore the federal government lost money for every penny it created. After his post, there was some talk about creating a formal policy and perhaps legislation in Congress to address the issue and its implications, but the story died out until May, when the Treasury quietly announced that they would simply stop making new pennies, and the final pennies were minted in June. At that time, the talk was that it would take about year before new pennies started actually becoming unavailable. 

But this week we heard that many Federal Reserve banks (including New York) have already run out of new pennies to distribute, and won’t be getting any more. 

Probably no industry is more affected than gas stations and convenience stores, with a penny difference in price changing customers’ behavior at the pump, and c-store transactions often being just a few dollars and change. Still, gas is already priced (and taxed) to the tenth and even hundredth of a penny without those coins being available. 

For electronic transactions, there will be no difference. For cash transactions, the recommendation, if your location has run out of pennies, is to round to the nearest nickel. That rounding is only for the final price, after sales tax has been added. So any transaction that ends in a 1, 2, 6, or 7 round down; any transaction that ends in 3, 4, 8, or 9 round up. In the aggregate, it should even out for everyone, both customers and the store. 

Our national partners are trying to push either Congress or the Treasury to define clear rules and guidelines and publish formal rules of the roads that all consumers will understand. Let us know if you are starting to experience coin shortages. 

Annual Minimum Wage Increase Announcedโ€”$15.92

As per NJ law, which increases the minimum wage based on inflation, effective January 1, 2026 the minimum wage will be $15.92 an hour, up from the current $15.49. For seasonal and “small” businesses, the rate increases to $15.23, from the current $14.53. Small businesses in this law are defined as fewer than 6 employees and seasonal businesses are ones in which at least two-thirds of the business’s gross receipts were received in a continuous period of not more than 16 weeks.

Despite the ever-increasing mandate, there is growing support for yet another increase in the minimum, to $18 or $20 or more. At least two of the Democratic candidates for governor supported an increase (Congresswoman Sherrill has been silent on the issue), and across the river, NYC mayoral frontrunner Zohran Mamdani has called for a $30 minimum wage. We will continue to advocate against such a mandate here in NJ. 

Best Employee Practicesโ€”Avoid Topping Off The Tank

This week we saw an article concerning โ€œtopping offโ€ a motoristโ€™s tank that caught our attention. The author makes a case that topping off your tank is not needed. Rather than rely on an attendant to make that determination, residents should have the right to pump their own gas to avoid damaging their vehicles. 

That noted, the article was a timely reminder to station owners about the need to properly instruct their employees. 

Today, there is virtually no reason for any attendant to top off a customerโ€™s tank. In fact, doing so is downright careless and could cost your business money.

From a logistical perspective, it makes little sense to add more fuel to round off a sale to the nearest dollar (or quarter or dime, for that matter). Years ago, customers would predominantly pay in cash, and topping off the tank to a rounded number meant an easier time giving a customer change. No attendant wants to juggle with pennies or nickels, after all. However, in the present landscape when customers are overwhelmingly paying for fuel with a card or for a flat dollar amount ($20), the rationale for topping off the tank is gone.

Making change is a hassle, but what about causing actual damage?

From an exposure and liability standpoint, topping off a gas tank may be harmful to the customerโ€™s vehicle. Since 1998, all new light duty vehicles have been equipped with an onboard refueling vapor recovery (ORVR) system. The system consists of a charcoal canister that collects harmful fuel vapors. When a vehicle is being fueled, the ORVR system will absorb the fumes and reduce hydrocarbon emissions.

As an aside, the existence of the ORVR system is a central reason why New Jersey (eventually) mandated that retail service stations decommission their Stage II Vapor Recovery System by December 2020. Though the Garden State was late to do so, the ORVR onboard canisters meant that keeping Stage II operational was unnecessary. 

So how does topping off the tank harm the vehicle?

Todayโ€™s dispensers and pump nozzles are designed to shut down when the tank is full. When an attendant overfills the tank, it can damage the charcoal canister. The additional fuel will saturate the canister, damaging it, which triggers a check-engine light. A canister typically lasts for the life of the vehicle; but when damaged, it is costly to repair and an inconvenience to the vehicle owner. 

Lastly, overfilling the tank may also lead to excess fuel dripping on the exterior of the vehicle or spilling on the ground. The environmental hazards of spilling fuel aside, dripping fuel on the side of a car can damage the vehicle’s paint over time; further irritating a customer and creating an easily avoidable liability.

Knowing this, why should any station owner permit an attendant to top off a customer’s tank? 

Ultimately, topping off the tank is a bad practice that serves no purpose in today’s retail landscape. Perhaps there was a “valid reason” to do so decades ago; but that justification has not been true for nearly 30 years. And since credit- and debit-card purchases make up most of the transactions, the need to “round” makes even less sense today. 

Rather than risking damaging a customer’s vehicle, your business would be best served by telling your attendants to stop pumping when the fuel pump clicks off. Even if there’s never any damage caused, why tick off a customer who can easily take their future business elsewhere?

Voting Rules Reminder

We are in the final month before one of the more important elections we’ve had in this state in a long timeโ€”the race for who will be our next Governor. More polls are coming out showing a close race, so every single vote will matter. We encourage all members to make their voices heard in this election. 

The voter registration deadline, including the deadline for any change of address, is October 15th. You can now register or update your info online through this website HERE

We’ve also seen over the last few years that gone are the days when the entire election was determined on a single Election Day. There are now two different ways to vote in advance, and both have been getting more and more popular. In some parts of the state, 40%-50% of all votes are now cast by mail. In fact, there are people in this state who have already cast their ballot for the November 4th election. 

Vote by mail is growing in popularity because staffers of both political parties are actively encouraging their voters to vote as early as possible. Every year there are some number of people who fully intend to vote, but life gets in the way, and they miss their opportunity to get to their polling place before it closes at 8pm. In close elections, that can be the difference between victory and defeat. 

If you’d like to vote by mail, check out the State website HERE, which near the bottom includes links to the application form for each county. The blank ballot should arrive about a week after the application is mailed, and the completed ballot can either be mailed back (it must be postmarked by Election Day and arrive at the County office within 6 days) or dropped at dedicated, secure drop boxes located throughout the County.

One reason to vote early is that while who your vote for may be secret, whether or not you voted at all in any given election is publicly available upon request, and both state and local campaigns do request all the data they can get. They target their mailers, door-knocking, phone calls, and texts based on that data. They also know whether or not you’ve requested a ballot, whether the Clerk has mailed it to you, and whether or not it’s been returned. That means if you vote by mail and drop the completed ballot off quickly, you’ll get taken off their targeting list since they know you’ve already voted. 

If you prefer to vote on a machine, the early in-person voting period runs from October 25-November 2. You’ll be able to vote at any voting center located within your county.

Rack Averages

Date Rack Avg Avg w Taxes Low Rack
09/25 201.34 $2.6464 192.86
09/26 205.90 $2.6920 196.54
09/29 200.47 $2.6377 191.91
09/30 199.03 $2.6233 190.09
10/01 196.20 $2.5950 186.89
Date Avg Retail Avg Margin Diesel Rack Avg
09/25 $3.14 0.48 246.68
09/26 $3.13 0.48 246.94
09/29 $3.11 0.42 239.99
09/30 $3.11 0.47 247.49
10/01 $3.10 0.47 235.34

News Worth Knowing:

Member Benefit Partner (MBP) Spotlight: Salomone Bros.

Salomone Bros., Inc. has earned a reputation within the petroleum industry of building and maintaining high quality service stations for nearly 50 years. We are proud to offer our โ€œTesting with Integrityโ€ UST Compliance Program. Our services include: โ€ข All aspects of compliance testing including tanks, product lines, vapor recovery, leak detectors, dispenser shear valves, spill containment, overfill verification and release detection functionality. โ€ข All NJGCA members receive free access to our compliance database, where you can securely access your test results and key compliance site data for all of your facilities at any time. โ€ข In-house Class A and B Operators and training for Class C operators. โ€ข Same day repairs, eliminating multiple
site visits and more importantly, reduced downtime. โ€ข Tank cleaning, fuel sampling and testing, fuel polishing, and treatments. โ€ข Extended Offerings: NJDEP interaction and enforcement action mitigation, assistance with UST Registrations, General Air Permits, SPCC plans Right-to-Know Surveys, 14-day notifications to the NJDEP, Seven Day Investigation compliance, completion of installer certification for new UST installations or returning out-of-service USTs to service, release response plans, and substantial modification permit applications.

Contact: John Lynch Phone: 973-417-5416 Email: JLynch@salomone.com Website: www.salomone.com 

***New*** Station for Sale

777 Hamburg Turnpike, Pompton Lakes, NJ 07442

Station features: Corner location with four 6,000 gallon tanks (double wall fiberglass)

Tanks were installed in 1998

70,000 gallons of gasoline sales per month

Busy 2 Bay Garage, with small C-Store

Interested in learning more? Contact: Steve Hamparsumian with inquires! 

Cell: 201-832-5885 Email: Steveabbcnj@gmail.com

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Available Real Estate

Cape Harbor Shell

795 Route 109, Unit B, Lower Township, NJ, 08204

Contact: Jerry 609-425-8837 capeharborshell@comcast.net 

Our Road Warrior newsletter is brought to you by the following Member Benefit Partners:

New Jersey Gasoline, Convenience, Automotive Association
615 Hope Road, Bldg. 2, 1st Floor
Eatontown, New Jersey 07724

 

Phone: 732-256-9646
eMail: info@njgca.org

Written by Executive Director Eric Blomgren and Director of Member Services Nick De Palma


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