![]() ![]() (BJ) want you to fill up your tank in their parking lots and then go stock up on giant jugs of ketchup, boxes of snacks and clothing. These companies are “winners when gasoline prices go skyward,” said Kloza. How to find lower prices and avoid empty shelves during the holiday shopping rushĬostco, for example, is typically 20 cents a gallon below the market average, according to Tom Kloza, the global head of energy analysis at IHS Markit’s Oil Price Information Service. “It’s US consumers’ nature to go out of their way for lower gas prices.”Ī family shops for toys at a Target store on Octoin Houston, Texas. “People are seeking out the clubs because of the gas,” said Michael Baker, a retail analyst at D.A. Gasoline sales at the warehouse clubs are an important part of their business and draw customers inside. Gas prices at warehouse clubs can be as much as 30 cents lower than traditional gas stations, and the chains offer members coupons to use in their stores when they fill up. The spike has pushed more shoppers to rely on these chains to fill up their tanks, say the companies, retail analysts, and fuel experts. The Biden administration has called for an investigation into whether oil and gas companies acted illegally to push up prices. The national gas price average jumped to $3.41 a gallon Friday, according to AAA, 61% higher than the average at the same time last year. ![]() That plays right into the hands of Costco, BJ’s Wholesale Club and Sam’s Club. Gas prices are skyrocketing, and Americans want to save at the pump.
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