this post was submitted on 10 Sep 2023
21 points (86.2% liked)

Costco

2692 readers
1 users here now

For fans of Costco

founded 1 year ago
21
Learned the Hard Way That Each Costco Sets Their Own Prices for Gasoline (lemmy.world)
submitted 11 months ago by [email protected] to c/[email protected]
7 comments fedilink hide all child comments
 

Quite naive of me, but I assumed Costco prices were Costco prices. I needed gas, and was going to hit my local Costco--but realized there was one just a couple of miles away on my way home.

Filled up and then checked Gas Buddy. My "home" Costco was $4.99/gal and I had just paid $5.13/gal just 8 miles away.

Not a huge amount of money wasted, but sometimes it's the principle of the thing, you know? 😏

top 7 comments
sorted by: hot top controversial new old
[–] [email protected] 6 points 11 months ago (1 children)

Mine is currently $5.23🤣, and yes, California…

[–] [email protected] 2 points 11 months ago

That's near what mine is. Still a buck cheaper than the station a quarter mile away tho

[–] [email protected] 2 points 11 months ago (1 children)

Just checked again. "My" Costco is now charging $5.09--up 10 cents in just a couple of hours.

[–] [email protected] 11 points 11 months ago

The Costco mobile app shows you the gas price of each warehouse that has a gas station, so you can verify ahead of filling up.

[–] [email protected] 2 points 11 months ago* (last edited 11 months ago)

Costco updates their prices based on a number of factors. But they are running the data every 15 minutes to adapt to market changes.

Due to their volume of sales and this near instant price adjustments you will see their prices react to the "market" faster than most other stations.

When prices were at an all-time high a year or so ago and then Biden announced he was releasing some reserves my local station, at a point in time was over 1$ less per gallon than the nearest station

[–] Tb0n3 1 points 11 months ago

Still $3.80 in the northeast. Where are you, California?

[–] [email protected] 1 points 11 months ago

The three closest to me are all at $3.59^9