Costco Gas Prices: A Bright Spot Amid Rising Costs

0:00Welcome to Derm news today, two minutes of news that matter to Derm. Gas prices are on the rise across the country, hitting a national average of $3.59 per gallon for regular unleaded as of. March 12th, that's up nearly 35 cents from just one week earlier. Blamin' on tensions in the Middle East, from the conflict in Iran, combined with higher demand from spring break travel. One month ago, prices set at $2.94 and a year back they were $3.08. Costco shoppers are feeling some relief at the pumps, where gas typically runs about 20-30 cents cheaper per gallon than nearby spots. The warehouse club uses low prices to draw in members and their strategy helps soften the blow during spikes. When prices drop, Costco doesn't cut as quickly, but they catch up fast when costs climb, keeping them competitive while padding profits of it. A $60 gold star membership pays for itself after saving 20 cents on just 300 gallons. Lately, Costco added standalone gas stations in California and plans one in Hawaii, with

1:05experts saying more could follow if they succeed. Gas stations at 747 locations, made up about 10% of the company's net sales last year. This story is shared with support from our sponsor. It looks like a pillow, it sounds like headphones, built for comfort and sound. S-O-L-I, solely pillow.com.