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How Costco manages to keep gas prices lower than competitors

Las Vegas Review-Journal·Daniel Kline|amg-thestreet·19 days ago
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Rising gas prices are pushing more Americans to rethink how (and where) they drive. Even drivers who do not fill up often are noticing the spike in gas prices. As someone who drives an electric vehicle with a two-gallon emergency backup gas tank, I was a little surprised on May 8 when filling my nearly empty tank cost me almost $10. Filling my son’s tank later that day set me back almost $45, and he drives a Prius with a relatively small 12-gallon tank. High gas prices are not a short-term anomaly. “Drivers are seeing another sharp increase at the pump, with the national average for a gallon of regular gasoline rising 25 cents for the second consecutive week to $4.55. Pump prices are now $1.40 higher than they were a year ago and have reached their highest level since 2022, when the national average peaked at $5.01 per gallon,” according to a May 7 report from AAA. Recent U.S.…

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