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 Gas prices
Posted Fri March 2, 2012 4:12 pm, by Angie L. written to Costco Companies, Inc.
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We love Costco for the most part but we have one complaint: we used to buy all of our gas at Costco because it was the best price around. It isn't any more. I wonder why that is? If you wanted to offer the best price, the app "Gas Buddy" would tell you all you need to know to adjust your prices. You must know that, so I'm gathering you must not want to be competitive in our market (45246). Am I right?
Offer the lowest gas price in our 45246 (Cincinnati, north) market.
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by Applejacker Posted Fri March 9, 2012 @ 8:47 PM
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Costco will not always be the lowest gas prices, especially when
prices are rising fast. There are two reasons. FIRST: Because of their
huge volume, Costco receives multiple truck loads per day, each at the
latest rising price. Others, down the street, are still selling last
week's gas and have yet to receive the next tanker. Thus, others
prices will seem lower for a bit. On the other hand, when prices are
falling, and for the same reason, Costco's prices may be 15-20 cents
lower than the neighboring dealers. SECOND: Many C-Stores (convenience
stores) will sell their gas at cost as a drawing card, making it all
up with the soda, coffee, and snack sales, e.g. selling pop for $1
that costs them 10 cents to pour. IN ADDITION: Note that Costco's gas
is like their steaks, Choice and Prime, not "select" and lower. That
applies to their gas also as they only supply the highest quality
gasoline, quality controlled daily, while the local C-store down the
street is selling whatever they can get their hands on and haven't
cleaned their filters in months.
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by Steve OH (IO) Posted Fri March 2, 2012 @ 11:19 PM
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someone would end up paying you to take it. There can only be one
"lowest price".
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I wonder whether Costco figures it has a somewhat captive
audience/market for its gas. Depending on the price difference and my
available time, I'd pay a little more for gas to avoid driving
somewhere else.
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