Are petrol prices in a USA state the same in every Petrol Station?
- By
- Aparna Patel
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- 28 Jul, 2023
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There is no fix price for gasoline at pump stations in United States. You can sell it for anything you want. It is not regulated.
There was a famous case when two gas stations across the street started to compete for lowest price. They both made their price so low that they were loosing money.
No and no. Each location sets its own price for different prices of gasoline (and diesel and kerosene, where they are available). This is true both of independent stations and those branded with a national chain (e.g. Exxon, Shell, Chevron, 7-11, Sunoco, and so on).
Most gas stations in the U.S. are independent franchise operations— most people, including most Americans, are unaware of this. Some stations may thus be owned by the same company, but the owner is probably not the corporation which lends its name, which makes the business risky when the corporation does something bad.
The answer is most definitely NO. The fuel prices could be different from station to station some time from block to block and gas stations across the street from each other may have different prices for the same grade of fuel. Reasons for this may vary from local rents and taxes to the ownership of a particular gas station.
Case in point close to me there were 2 Exxon stations, with a distance of about a 1/4mile(400 meters) with a difference in price of 2-5 cents on every fuel grade sold.
The biggest example that I could give is gas stations near Holland Tunnel in Jersey City. Shell Station on the inbound side offers regular grade at $3.34 a gallon and on the outbound side at $3.27/gallon (Prices are current and are subject to change).
And just for fun check the prices reported 2 days ago for 2 Union/76 stations in Beverly Hills, CA for me numbers 2 and 4. 2 cents difference in price vs. about 3-4 blocks difference in location.
Credit:stackoverflow.com‘