Costco is experiencing its highest gas demand in 50 years, with some of its 747 gas stations requiring multiple tanker truck deliveries daily to keep up with drivers; unlike typical gas stations that mark up prices by 25-35 cents per gallon, Costco maintains low prices by profiting only a few cents per gallon, demonstrating a competitive pricing strategy that prioritizes volume over per-unit margin.
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Costco gas demand hits record highHinzugefügt:
Costco is reporting its highest ever demand for gas in its 50-year history.
During last week's quarterly earnings call, the company says some of its 747 gas stations have needed tanker trucks to replenish fuel here several times a day. While most gas stations mark up prices 25 to 35 cents to make a buck, Costco is able to keep prices low by profiting only a few cents per gallon.
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