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Costco's fuel sales soar as consumers hunt for deals

Posted

May 29, 2026

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Costco is getting lots of first-time visitors to its gas stations thanks to higher gas prices.

The chain says between April and mid-May, it had its best five-week period on record for gas sales. Executives say high gas prices driven by the war in Iran are sending more and more drivers to its fuel stations for the first time as people look for cheaper ways to fill up. This increase boosted Costco’s gas sales: by volume, they set record after record in the last quarter. The company’s overall sales grew 12 percent, with gas being a big factor — both higher sales and higher prices.

AAA says regular gas now costs — on average — $1.20 more than it did a year ago.

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Costco's fuel sales soar as consumers hunt for deals · Npr · Sentinel