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Edited July 1, 2020
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*Ends 6/30/20. Elig. ATT wireless, TV and Internet customers only. Req's ATT THANKS app; Data rates may apply. Customer can cancel any time. Limit one (1) use of Postmates promo code per customer. Taxes and add'l restr's apply. You will be re-directed to postmates.com where Postmates' Terms and Privacy Policy will apply.
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How is Costco Gas So Cheap?
It's because gas stations are notoriously difficult businesses. If you run a branded gas station (think Shell, Exxon, etc.), the economics of the business are really challenging. You're required to buy a certain amount of gasoline from the brand's refineries, which means 100% of the gasoline isn't from the cheapest possible source. This is because each company adds its own mix of additives and detergents. It's a small percentage but it's there and so the station has to get it. They also pay licensing fees and royalties to the brand much like any other franchise. Lastly, they take all credit cards and can't negotiate special fee structures that would add to the bottom line. That's why most of those gas stations have a convenience store. That's where they make all of their money.
Costco doesn't have to do any of that! They buy whatever gas they want, they obviously don't pay royalties because they're company-owned, and they negotiate great fees from credit card processors. You can only use Visa cards right now and that's because American Express, their previous partner, wasn't willing to give them as good of a deal. Costco isn't cheaper because the gas is cheaper, it's because the economics of the business are completely different. They make money off the gasoline and not off the convenience store.
Conclusion
Costco Gasoline is better than the EPA regulations for additives and detergents.
It's also cheaper. So go when there are no lines and win.
T-Mobile Tuesdays definitely had better giveaways in the beginning, but like you, I'm thankful to them for starting this type of promotion. And things like the "Uncarrier" is a bit gimmicky, but it did lead to further competition between them and the other phone carriers, which generally isn't a bad thing for consumers.
Tofu Vic
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Tofu Vic
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Tofu Vic
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Tofu Vic
I use GasBuddy app and it lists all gas locations near me including Costco and prices per gallon.
Before Covid and shelter in place, To me if it was $0.15 higher than Costco, I would go to Shell and not deal with lines while breaking even.
After Covid and shelter in place, I usually only make it to Shell as hours are longer than Costco near my office. The Costco gas cuts off at 7pm and since i go odd hours, Shell is easier.
I have AT&T fiber and att prepaid
Contracts are not a big deal. I plan on having cell service for a long time, and since I can't build and install my own towers everywhere, I am fine with a contract.