I stopped for gas at Sam’s Club the other night and noticed a sign on the pump saying that, as of February 1st, gas sales will be limited to members only. Thus far anyone has been able to buy, but Club members have received a $0.05/gallon discount. I’m curious to see what (if anything) this will end up doing to their prices. When they first started selling gas at our local Sam’s, it was a pretty good deal… The ‘list price’ was the same as all of the local stations, so we really were getting a nickel off per gallon. Their base price has, however, floated upward over time, such that we’re now only saving a penny or two per gallon relative to ‘typical’ prices in our area. This hasn’t been a problem, though, as our local Kroger has since opened a gas station. Not only do they have low prices, but we also get a $0.10/gallon discount for every $100 worth of groceries that we buy. Needless to say, we buy most of our gas there. Still, it sure would be nice if Sam’s Club would couple their move to members only gas with more aggressive pricing. I doubt it’ll happen, but a guy can hope, can’t he?
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