Report Your Local Gas Prices Here (retired discussion, please see the new one)

tornado25

"Seems that the REAL problem is that PEOPLE, not oil companies are driving up the prices in the futures markets as they react to the constant drumbeat in the news."

Thank you, pf. This is what I've been saying for a couple weeks now. I also read about Saudi Arabia stating they would OPEC to raise their quotas, etc. The problem is, SA is suggesting raising the quotas to what is actually being produced now, so that action would not affect the actual amount of oil on the market.

The further problem is only SA and perhaps Kuwait have any excess production capacity available anyway. I believe SA alone can only produce an additional 1-2M bpd. I think futures traders react to that.

The biggest producer says lets raise quotas. Traders know the "new" quota is simply what's actually being produced (since everyone in the market knows OPEC members routinely produce above quota). It just isn't as simple as: "OPEC, stop screwing us and stop holding back" or "Bush, why don't you do something about those oil producers" (like what?) or "Oil companies, stop charging us more for a product whose raw material is at prices not seen since 1990".

dbgindy

87 octane ranges from 1.90 to 2.07 depending on where you get it.

On the price of a barrel of oil I believe there are a couple of factors:
1) Production is a little short.
2) Not enough refineries up & running to make "American" blended gas.
3) By far the biggest problem is the speculators on the futures market. They are driving this as much as anyone.

Just my .02

Duncan

reddogs

Oil Companies, Middlemen, Politicians that made these prices possible. Thank You one and all, may your Mother-In-Law have to move in with you rather than visit to save money because of the high gas prices.

Shell, Naples FL
87 - $2.019
89 - $2.059
93 - $2.129

PF_Flyer

87 up to $1.95 in State College, PA today... but the gaps really changed. 89 is up to $2.03 and 92 is up to $2.11. Eight cent gaps between grades compared to 6 cents before the rise...

I got curious so I went into Quicken and pulled up my first quarter auto fuel expenses to find out how much money we spend on our two vehicle per week. Comes out to about $23/week. That's with the wife drivng about 550 miles/week and me filling in the rest. (Probably about 125-150) Taking the price at March 1 of $1.69 and the current price of $1.95, that's about a 15% increase, or about $3.50 more per week. I'll have to see what the second quarter brings!

bottgers

ABC just ran a segment on their evening news about gas prices and they said that if Bush would release our oil reserves it would drive down prices considerably. Now would be the perfect time to do this to give summer travelers some relief at the pumps......might not hurt his bid for re-election either!

PF_Flyer

The strategic reserve is for dealing with emergencies resulting from the disruption of the oil supply we need to keep the country running, not to stop the whining because market situations have caused a runup in prices that the media is beating us over the head with.

I've also heard that the amounts of oil that we could release wouldn't change anything that's causing the prices to run up right now.

Come on folks... show a little backbone and stop the panic!

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KCRam

Mt. Arlington Exxon, up three cents to all gas grades - 2.069 - 2.149 - 2.249

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sequoiasoon

Filled up this AM at Exxon, $2.25 gallon for 87, I think it $2.43 for 93 octane. Good thing I drive the Corolla back and forth to work. 180k and still getting 32 mpg.

ghulet

Just put $40 into my brother's Blazer earlier tonight. I meant to put $20 in, but was distracted by a conversation with a cute young woman driving a new G35 coupe 6-speed. Dammit, if I had known it was practically empty, I probably would have taken a cab!! Prices here, FWIW, are mostly $2.24-2.299 for 87 octane, I paid $2.499 for 93.

PF_Flyer

...the price of oil has dropped. Down 4% over tha last two days. Now as I recall, the INSTANT there was news that MIGHT cause an increase in oil prices (OPEC meetings, etc) the prices at the pump start to move. This definitely seems to only work in one direction. Seems to fit in with my theory about speculation inthe futures market being the source of our woes. I may have to keep an eye on the movement of unleaded contracts over the next couple of days...

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18fan

here in Pittsburgh, PA. Three local stations near my home jumped from $1.959 to $1.999 yesterday for regular 87. There are plenty of other stations nearby that are in the $2.019 to $2.059 range. Each higher grade is 6 to 10 cents more, depending on the station... seems there is no "standard" for the interval any more.

PF Flyer... I hope the news item you cited will lead to prices dropping as quickly as the opposite news caused them to rise. I doubt it, though.

fintail

If they fall at all, which is doubtful

But they'll likely fall sometime

bottgers

Our oil reserves have been release before for the sole purpose of dropping prices, and it's always worked. There's no reason why it wouldn't work now as well. The reserves should be released to give us some relief for the summer. By fall, prices should start coming back down on their own.

kmag

I have an inflation calculator in my bookmarks at this address:
http://www.westegg.com/inflation/
It only goes to the year 2002 however it is interesting to look at past prices and see how that compares.

Ive read where people mourn for the days when gas cost a quarter a gallon in the 60's. Since Im 45 years old, I was more interested in my Matchbox cars then real cars back then, but lets say it was 1965:
What cost $.25 in 1965 would cost $1.40 in 2002.

In 1973 my dad complained about gas being 45 cents a gallon on a trip out West, it was typically around 32 cents a gallon in Ohio. Putting those numbers in the calculator I get this:
What cost $.32 in 1973 would cost $1.32 in 2002.
What cost $.45 in 1973 would cost $1.86 in 2002.

In 1979 there were big headlines in the paper and lots of news coverage, as gas hit a dollar a gallon:
What cost $1 in 1979 would cost $2.65 in 2002.

In 1981 I bought my first new car, a Dodge Colt. I filled the tank with gas that cost around $1.30:
What cost $1.30 in 1981 would cost $2.73 in 2002

In 1992 during the Gulf War gas hit at least 1.80 a gallon, up from 1.40 or so:
What cost $1.40 in 1992 would cost $1.78 in 2002.
What cost $1.80 in 1992 would cost $2.28 in 2002.

So at a number of times in the past 27 years of my driving life, Ive been paying much more than 2$ a gallon.

tornado25

"Our oil reserves have been release before for the sole purpose of dropping prices, and it's always worked. There's no reason why it wouldn't work now as well. The reserves should be released to give us some relief for the summer. By fall, prices should start coming back down on their own."

Well, unfortunately, just because something's been done before, doesn't mean it's a good idea. The SPR was created during/after the 70's oil crisis with the intent that if a shortage (whether OPEC created or not) ever occurred, we could access the oil needed to run the country. Never, EVER, was the intent to use it as a tool to affect the market.

At any rate, as I recall, the last time there was a release from the SPR is was in the winter so there would be additional oil to refine into heating fuel. It was partially to affect the price of heating fuel, but also to head off any shortage that, then, was actually looming. Please cite the last time there was a release from the SPR at time when it's only true reason was to affect pricing. I will give you credit for that, if true, then yes, it did occur. It still doesn't make it right.

Anyway, what is all this talk about "relief"? Geesh. I want relief from high milk prices! I want relief from high city water prices! Release more water! This is "relief" would be the result of an unnatural market intervention and what happens once the market factors this additional oil into its pricing? It will return to a higher level, since that is is what the market demands now.

ghulet

Actually, prices have already decreased five cents here since I bought gas (naturally) yesterday. I don't think gas prices are anywhere near 'panic' level, but they are driving up other prices and it would be nice if something could change that. Still, I don't think the release of SPR should occur just to artificially reduce prices to the point where we're all just wasting it again. Everything here is relatively cheap, we need to quit freaking out at every little bit of discomfort and consider why prices are this way in the first place.

Of course, it's also too early in the election year for Bush to do anything even if he could. Come October or so, if prices are still at the current level, look for Bozo the President to pull out all the stops (we'll see what he does about the Iraq mess his daddy and he created, too, for that matter).

Gas here ~$2.2449 for 87 octane.

bottgers

You'd have to ask ABC news exactly when it took place, they're the ones who reported it. They said Clinton did it.

PF_Flyer

... had NOTHING to do with gasoline prices. Here's a press release from the time...

Press Release
 

New York's Senator
CHARLES E. SCHUMER

FOR IMMEDIATE RELEASE September 24, 2000

SCHUMER: OIL RELEASE WILL LOWER PRICES FOR NEW YORKERS

US Senator Charles E. Schumer, who originated the call to release oil from the nation's Strategic Petroleum Reserve (SPR) over a year ago, today announced that President Clinton's decision to release 30 million barrels of oil from the SPR should significantly lower home heating oil costs this winter. Schumer repeatedly lobbied President Clinton, Energy Secretary Bill Richardson and Treasury Secretary Lawrence Summers to tap into the SPR to help avert an economic crisis for New York and the nation as a whole.

"President Clinton's decision to release 30 million barrels of oil from the Strategic Petroleum Reserve will lower home heating oil costs and prevent many New Yorkers from having to choose between heating their homes and paying for basic necessities like food and clothing. Those who label the President's decision 'election year politics' either do not understand the severity of this crisis or simply don't care," Senator Schumer said.

With the cost of oil recently exceeding $37 per barrel, New Yorkers faced prices as high as $2.48 per gallon to heat their homes this winter, nearly double last winter's average price of $1.31 per gallon. The release of 30 million barrels of oil from the SPR could reduce prices by as much as $7 per gallon, saving consumers hundreds of dollars. In addition to its immediate impact upon prices, releasing oil from the SPR before October 1 provides enough time to process, refine and deliver the oil to consumers before the onslaught of winter.

"Bill Clinton and Al Gore deserve credit for standing up to the oil industry, facing down OPEC, and protecting our economy. New Yorkers were already hit with soaring electricity bills this summer. Anyone who has ever had to dig deep into their pockets to pay for heating oil, gas or electricity can appreciate this decision," Senator Schumer added.
 



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andre1969

$2.48 a gallon for heating oil?! I'm locked into a contract right now that's only something like $1.19 a gallon! Unfortunately it expires this November, and I shudder to think what prices are going to go up to!

Looking at my records, I had 'em top off the tank on 11/4/03, which was when I started moving in. On 12/23/03 they put in 98 gallons, 151 gallons on 2/4/04, and then on 4/20/04 they topped it off again, with 137 gallons. So, not counting when they topped it off on 11/4/03, I've used about 447 gallons for the winter, which came out to a total cost of about $500, which ain't too bad, I guess.

If heating oil shot up to $2.00+ a gallon though, I have a feeling I'd be turning the window air conditioners around backwards, and seeing if I could get any heat out of 'em! ;-)

bottgers

What's the difference?

18fan

in Pittsburgh, PA. $2.059 for regular, $2.159 for midgrade, and $2.199 for premium. This is getting ridiculous... and especially with recent news reports that prices are leveling off or beginning to drop somewhat through most of the country.

Glad I didn't buy that Acura a few months ago that requires premium gas! :-)

bottgers

Even if the price of crude starts dropping, the price of gas will stay high for quite some time after that. Funny how things as small as rumors can make prices shoot up immediately, but then they take forever to come back down, if they do at all. Just another gouging technique.

lemko

...how many short-sighted guys got rid of their beloved muscle car during the '70s gas shortages? I'll get what I like regardless of fuel prices. If things get too out of hand, I'll simply get a Chevrolet Aveo or some putt-putt for commuting and running errands until this thing blows over. I'll keep my Cadillacs in the garage and bring them out for a night on the town or other special occasions.

tornado25

"You'd have to ask ABC news exactly when it took place, they're the ones who reported it. They said Clinton did it."

I really don't get you, at all. This is truly, an absolutely illogical thing to say. I don't have to ask ABC anything. You spout off about how there was a release from the SPR before, blah, blah, with what seems to me to be a truly superior (yet entirely uninformed) attitude about this whole thing. I challenged you to put up or shut up and I get this remark that essentially says "uh, well, geez if you want to know if I'm right, ask these guys". So you don't know? Or you're guessing? Or what?

Pf flyer did the research and geez, guess what? The last time there was a release from SPR it was to affect heating fuel pricing. (In addition to the fact that yes, they wanted to lower the price, there was an actual or potential shortage of heating fuel--which is why the price was so high! I'm pretty sure that's what I said, wasn't it? I was wrong though, that it wasn't in winter, as I thought. Sorry.

As for this: "What's the difference?" What do you mean? All the difference in the world between reducing gas prices just so you can be complacent in getting what you want to make YOU happy and reducing prices of a basic human need. (And I don't want HEAR about how driving ANY vehicle ANYWHERE is a basic human need on the level of keeping the heat on). It's not my fault you live in Alabama and rarely, if ever, need heat. However, most Americans do in the winter.

Reducing gas prices from NON-RECORD levels is not a funtion of the SPR. Making heating oil available and affordable, while not a "crises" in the strictest sense, the benefit derived is greater than simply knocking a quarter off the pump price of gas.

bottgers

You are one bitter, confrontational person. I was simply stating what was reported by ABC news and you come down on me a like a ton of bricks as if I was the one who originally made the statements. Take a chill pill dude! THEY said that if the oil reserves were released, gas prices would come down, which is a true statement. You don't seem to think the current price of gas is enough of a problem to consider releasing the reserves. It may not be yet, but it could be if prices go much higher. You seem to think buying gasoline is a luxury. Well it's not. Being able to heat your home is important, but what's the point if you can't get to work? The entire economy of this nation relies on transportation. You seem to think that if gas prices get too high, people who can no longer afford it can just stop driving their vehicles and start walking and riding bikes, and life will go marrily on. There's a lot more to it than that, and a lot more is affected by high gas prices than those who are spending their last few bucks to fill up their vehicles.

lemko

...This phenomenom affects all whether or not you own a private vehicle. Bus and taxi fares will dramatically increase as well as the price of freight transported by truck and diesel train to accomodate higher fuel prices.

PF_Flyer

This media blitz has this WAY out of proportion if you ask me. I only have hard numbers for ME. I just ran a report on Quicken, looking at what I've spent on auto fuel year-to-date in 2004 and compared that to what I spent in 2003 for the same time period. Two vehicles, two drivers. $617 in 2003 vs $692 in 2004. That's $75 more over 141 days, 53 cents per day more. And that's from prices a year ago. People are screaming like stuck pigs about how much more they're paying compared to a month ago! I heard one radio news report (ABC radio/ Doug Limerick) saying that "the average motorist is spending $100 MORE per week for gas"... now that's ABSOLUTE nonsense. I may not be the "average driver", but I'd notice if I was spending $133 /wk vs $33/wk. But the media never lets the facts get in the way of telling a story that comes out the way they want it to.

Come to the chat tonight. We can kick gas prices around too!



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andre1969

I might be wrong about this, but weren't prices actually kind of high early last year? I mean, not nearly as high as what they are now, but IIRC, prices started falling late last year, and stayed low until just a few months ago. I usually only fill up once every few weeks nowadays, so I can't always remember when my last fill-up was, but I remember paying as little as $1.399 a gallon in late December and January. I think a year ago, prices might've been more like $1.599-1.699 around here. I'd have to check my fuel log to be sure, though.

But anyway, from a year ago yeah, things might not seem so bad...but most people don't think so long-term! They're just remembering from a few months ago, when gas was still pretty cheap!

nvbanker

and prices are not yet up to the inflation adjusted all time high of 1981, but I will admit - they're getting high enough where I live now to consider dumping one SUV in favor of a Sedan next time around..... A big sedan...

KCRam

My usual Sunoco truck stop, Palisades Park NJ

87 - $1.969
89 - $2.069
93 - $2.149
94 - $2.189
diesel - $1.659

anybody need diesel? Come to northern NJ...

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bottgers

You know, people keep saying the price of today's gas is still relatively low when adjusting for inflation, and yet the oil companies are still making record high profits. How can that be?

fintail

They lie, that's how. They have the money, they make the rules. Simply, nothing has really been quantified, just "supply and demand".

tornado25

Deep, calm breaths. Just for you.

"I was simply stating what was reported by ABC news and you come down on me a like a ton of bricks as if I was the one who originally made the statements."

No, you weren't. And if you were, that's not what you posted. Let's review:

Post 1701 (You):

"Our oil reserves have been release before for the sole purpose of dropping prices, and it's always worked. There's no reason why it wouldn't work now as well. The reserves should be released to give us some relief for the summer. By fall, prices should start coming back down on their own."

I replied in post 1703 (excerpted):
"Please cite the last time there was a release from the SPR at time when it's only true reason was to affect pricing. I will give you credit for that, if true, then yes, it did occur. It still doesn't make it right."

You replied in post 1705:

"You'd have to ask ABC news exactly when it took place, they're the ones who reported it. They said Clinton did it."

And my reply was the one you felt was confrontational and bitter. Why do you think? Nowhere in 1701 do you even reference any ABC News report. You put a statement out there yourself, unattributed and subject to impeachment. I did that in 1703, asking you to cite a time when the SPR was released to lower gas prices. Your reply then was 1705, and if you feel I'm confrontational and bitter, then I took that to be flippant and arrogant, as in "eh, ask these guys, they said it, it must be true, so I said it, too."

The problem is a) the ABC News report you referenced in 1693 was about Bush releasing oil now and that IF he did, it would reduce prices. If that ABC News report discussed the release during Clinton's term, you never mentioned it. Or it was never stated in the report at all. I don't know. What I do know is even IF they did mention that release it still makes your statement in 1701 incorrect, since the release then was to increase home heating oil supply and reduce the price of such--it had nothing to do with gas prices and you still haven't cited the last time there was a release from the SPR soley to reduce prices of gasoline.

So perhaps you can understand why I am "confrontational and bitter" when having a conversation with you has nothing to do with salient arguments and proper logic, but heaps of hyperbole and simple complaining.

I don't deny that higher gas prices have an effect on people's lives. I DO drive and I DO pay the higher prices. I don't deny that higher prices can impact our economy. But, blaming the President (one that I DON'T support, DIDN'T vote for and generally have an inflamed feeling of disrespect for) for not doing anything about something over which he has no control and blaming oil companies for pricing that also beyond their control, is out and out ridiculous.

We simply disagree on the bottom line of the situation. You can't help but to find SOMEONE, SOMETHING to blame--that with prices this high, something can or should be done or something nefarious is going on. I accept it as an aspect of a free market, global economy. A product, that by your admission is vital to the largest economy on Earth, has its demand increasing by leaps and bounds and its ability to be refined into usable products limited. A product whose price is set by a system driven in part by emotion and gut.

Unless I'm missing something and you're some sort of industry insider guru, I highly doubt you know enough to state, without equivocation, that if we do this, prices will come down or prices are so high because of that. If you honestly believe that, then you're blind the sheer complexity of the entire system.

KCRam

I posted on the 18th, just 3 days ago:
Mt. Arlington Exxon, up three cents to all gas grades - 2.069 - 2.149 - 2.249

Tonight:
87 - $2.129 +6
89 - $2.219 +7
93 - $2.319 +7

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PF_Flyer

87 was going at $1.359 here. That's from a receipt I pulled out of my files, so it's a hard number. Just for the sake of the discussion, here's the monthly progression on prices I've actually paid for 87, monthly from then until now...

May 03 $1.35 - $1.39
June $1.35 - $1.39
July $1.35 - $1.45
Aug $1.43 - $1.63
Sept $1.53 - $1.65
Oct $1.47 - $1.53
Nov $1.39 - $1.49
Dec $1.39 - $1.49
Jan 04 $1.49 - $1.59
Feb $1.55 - $1.65
Mar $1.65 - $1.69
Apr $1.69
May $1.79 - $1.95 (currently at $1.99)

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andre1969

btw, coming home from work tonite, I noticed that the Shell station is up to $2.129 a gallon for the cheap stuff, $2.229 for mid-grade, and $2.289 for hi-test. The Citgo's up to $2.099 for the cheap stuff, but I couldn't [safely] read the other numbers and drive at the same time! I'd guess $2.199 and $2.259, if past prices are any indication.

And to think I was griping about $1.959 a gallon last week!

bottgers

ABC's report only said that Clinton released our reserves in the past to lower prices. They didn't specify that it was done to lower heating oil prices. You are right, we will agree to disagree, but I'm not the only person in this topic who thinks that whatever is causing these high prices is not legit.

fintail

"Unless I'm missing something and you're some sort of industry insider guru"

But neither are you...

There's still no quantification

uga91

Some stations here in Columbus, GA have gone up in the last couple of days, and a couple I've seen have gone down. A station I have bought a lot of gas from went from $1.87 to $1.89 for 87 octane yesterday. Another I saw went from $1.89 to $1.91 and another went up to $1.92. But, I found a station that was at $1.85, so I filled up there. Each grade went up 9 cents, and diesel was $1.58. Not a bad time to have a TDI!

nvbanker

The cheapest gas you can find in Vegas today is $2.21 $2.31 & $2.41. More than the overall rapid i
escalation in nationwide prices, is the question as to why it is so much higher on the west coast than anywhere else!

andre1969

I actually found an Amoco gas station that was only $1.959 a gallon for 87! Unfortunately, they had run out. They were out of 89, as well.

PF_Flyer

The implication of the both the ABC news story and the way it was introduced here was to suggest that gasoline prices had been lowered in the past by a release of the reserves. When the facts about the release are brought up, the response is, "well they only said it was to lower prices"... so we seem to be in "it depends on what your definition of IS is" mode.

Let's put this to rest once and for all. Gasoline is not home heating oil. Virtually 100% of us use, or are directly affected by (increased shipping cost of goods, etc) the price of gasoline. From the Dept of Energy website...

"Of the 107 million households in the United States, approximately 8.1 million use heating oil as their main heating fuel. Residential space heating is the primary use for heating oil, making the demand highly seasonal. Most of the heating oil use occurs during October through March. The area of the country most reliant on heating oil is the Northeast."

So approximately 7.5% of us are affected by the home heating oil price, and even that is only for a portion of the year.

And I was wondering how that Sept 2000 release affected prices of home heating oil. So I found this at the Dept of Energy site as well...



Sure looks like prices rose just as high and maybe even a bit higher over the winter of 2000-01 as they did the previous year. And the increase in prices happened earlier as shown by the width of the price "spike" The determining factor sure appears to be the price of crude oil and the release of the reserves didn't seem to lower the price at all. I know the INTENTION of the release was to reduce prices, but it would be a real stretch to look at the facts and say that prices were reduced at all. Perhaps prices were "moderated", but the chart sure doesn't seem to show much of that either.

BTW... stretch my "prices paid" range for May to $1.99... had to fill up my car yesterday... but I went exactly 16 days between fillups. My plan of eliminating any unnecessary trips with the car is cutting MY demand for fuel!

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iluvmysephia1

in St.James, MO. $1.94 for 87, the highest I believe I have ever paid, without getting agitated about it, just the truth. I haven't ever paid over $2.00/gallon for gas, and I think this takes the "highest gas prices paid ever" cake for this padre. No problem, I drive a small South Korean SUV, and even though it's been noted that Kia's don't equal RAV 4's or CRV's for gas mileage, the Sport pulls around 25mpg on the freeway. When I get anywhere less than 20mpg I start to get concerned.

I heard yesterday that OPEC ministers met but decided to start producing more barrels later, not even this month. They reported that that probably means it is too late to help prices to drop anytime this summer, anyway.

fintail

Later = closer to the election

bottgers

You seem to be pretty good with research, maybe even better than those who did the research for the ABC article. BTW, I've said it before, and apparently I have to say it again, I simply posted what ABC said. I didn't write their article, I didn't research it, I didn't have anything to do with it, other than mentioning it in this topic. I'm just the messenger, don't stone me! If you don't agree with what they reported, take it up with ABC. It's THEIR article, not mine.

nvbanker

PF is right- ABC, as usual, is suspect

catam

There have been several reports and articles in the last few weeks that point out that we are currently paying between $8 to $13 per barrel of oil premium just because of the instability in Iraq.
Seems to me that if King George had not started his little personal vendetta war, nobody would be talking much about gas prices right now.
Then again who is profitting from the high crude prices?? I believe Exxon, Shell, etc. are all big Bush supporters that are headquartered in Texas, not to mention what the war has done for Cheney's favorite horse Haliburton.

uga91

That was pretty funny. I think it's hilarious when people who are so biased with hatred do not have the ability to see what is really going on. Why don't you try reading real sources about Iraq. Everything you hear from Michael Moore, Al Franken and the like is not all true. They are pushing their agendas on you and you are buying them hook, line, and sinker.

Gas prices in America are low compared to the rest of the civilized world. Adjusted for inflation, gas today is no worse as it was in decades past. According to a report done by the Washington Post, gasoline cost $2.01 a gallon in 1974 (in today's dollars). It was $2.76 in 1980 and $2.07 in 1985. It started coming down from there, but has started its rise over the last couple of years.

This was was not about oil. Check out the good things that we have done over there. It will amaze you.

fintail

Onlu liberals push agendas...and oil prices are just a result of this perfectly free market. Or so the robber barons would love you to believe.

Anyone here think prices won't fall as the election nears?

andre1969

and got 87 octane for $1.969 a gallon though. I kinda cheated though...it was at Costco. My roommate has a membership, and he added me on.

One thing that pissed me off, though...I have a AAA credit card that gives me 5% off on gasoline purchases, but Costco only accepts Amex, their own credit card, cash, or debit/ATM. In contrast, if I went to the Citgo around the corner and paid $2.099 a gallon, using that card it comes out to about $1.994 a gallon. So it's not worth driving the 16 or so miles to Costco, just to fill up, but we were in the neighborhood, anyway.