Costco says its gas stations set all-time volume records as shoppers search for cheap fuel
Costco's gas stations have reported record-breaking sales volumes as consumers seek affordable fuel amid rising gas prices. CEO Ron Vachris attributed this surge to ongoing economic uncertainty and high consumer price sensitivity. The company has successfully attracted new members through its low-priced gasoline offerings, which are expected to drive future sales growth.
- ▪Costco's gas stations set all-time volume records in the most recent quarter.
- ▪The national average price for a gallon of regular gasoline reached $4.39, a 38% increase from the previous year.
- ▪CEO Ron Vachris noted that many members used Costco's gas stations for the first time, which could enhance customer loyalty.
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Business Costco says its gas stations set all-time volume records as shoppers search for cheap fuel By Eric Revell, Fox Business Published May 29, 2026, 8:35 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Originally Published by: High energy prices risk keeping inflation above 2% target Americans lean on credit cards as gas prices eat bigger share of income Gas price surge hitting low-income households hardest Costco’s gas stations saw a surge in demand in the most recent quarter as consumers sought out its low-priced gasoline, which helped the company top the market expectations for its third-quarter sales.
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