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Business Insider
Business Insider
US · 1 hrs ago
75◉ Centre
Costco is a big winner of the gas price chaos
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AI Analysis
Accuracy 75/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Costco is experiencing increased fuel sales and store traffic as consumers seek cheaper gasoline at warehouse clubs amid high national gas prices above $4.50 per gallon.

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Costco is a big winner of the gas price chaos
Dominick Reuter/Business Insider Average gas prices above $4.50 a gallon are prompting more drivers to fill up at warehouse clubs like Costco. The company saw a 3% boost in comparable fuel sales last month. Increased traffic at the pump can also draw customers into the store, where sales are up. A rising tide may lift all boats, but rising gas prices only lift a few. Costco is increasingly looking like a winner during this round of high fuel costs as US consumers look for ways to balance their
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