Comments Off on Costco, Sam's Club battle for gas dominance
Biden should ‘focus’ on lowering gas prices: Sen. Cassidy
Sen. Bill Cassidy, R-La., argues that Biden should be ‘focused’ on lowering prices at the pump to help create more jobs for Americans.
Membership-only warehouse rivals Costco and Sam's Club are trying to dominate the gas business as prices of fuel nationwide continue to skyrocket.
The national average for a gallon of regular gasoline reached $4.173 as of Tuesday, climbing 50 cents from a week earlier, according to AAA data.
Sam's Club, which is owned by Walmart, told FOX Business that its members pay less at the pump than the average consumer due to "member-exclusive prices."
Additionally, the company said its members can earn Sam’s Cash on eligible purchases at gas stations with their Sam’s Club Mastercard. Sam's Club didn't immediately respond to FOX Business' request regarding the average gas price at its pumps.
A location tool showed that gas at Sam's Club in Laurel, Maryland, averaged $4.00 for unleaded.