Drivers wait 30 minutes for Costco’s cheap fuel amid global shortage — here’s how they keep prices low
Costco gas stations are experiencing unprecedented demand as tensions in the Middle East drive fuel prices higher. Customers are willing to wait up to 30 minutes for cheaper gas, which is about 30 cents less per gallon than local competitors. Costco's business model allows it to maintain low prices despite rising costs, benefiting from increased foot traffic and membership revenue.
- ▪Costco has seen its greatest demand for gas in 50 years due to rising fuel prices.
- ▪The average gas price at Costco is 30 cents cheaper than local stations, attracting many customers.
- ▪Costco's CEO reported record sales volumes during the recent quarter, driven by increased gas sales.
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Cars Drivers wait 30 minutes for Costco’s cheap fuel amid global shortage — here’s how they keep prices low By Ben Cost Published June 1, 2026, 12:56 p.m. ET Costco gas stations are experiencing their greatest demand for gas in 50 years as increasing Iran tensions send fuel prices skyrocketing. Bloomberg via Getty Images See more of our coverage in your search results. Add The New York Post on Google This is how America’s cheapest gas retailer keeps its Cost-co so low. With Middle East tensions sending gas prices surging, shoppers have turned to an albeit inconvenient source for a low-cost refill — Costco.
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