Conn. Ave gas prices

[Anonymous]

Today's pricing is typical -- at Conn. & Fessenden, the BP's lowest-octane price is $2.80/gallon. Across the street at the Sunoco, it is $2.81. One block away, at the Exxon, at Conn. & Nebraska, the lowest price is $3.79, if paid in cash.

How does the Exxon station sustain this differential? It is consistently this way.

[Anonymous]

Money laundering operation. They don't care what gas costs, the higher the price the better.

[Anonymous]

The Exxon's are Joe Mamo gas stations. I'm pretty sure he's just land banking. His gas station in Spring Valley has an insane price - always over $4/gallon regardless of oil prices.

I'm pretty sure he's just trying to minimize his costs while he continues to sit on land which he will eventually sell to developers. In the meantime, he's avoiding the penalty property tax rate for unused property.

[Anonymous]

Anonymous wrote:Today's pricing is typical -- at Conn. & Fessenden, the BP's lowest-octane price is $2.80/gallon. Across the street at the Sunoco, it is $2.81. One block away, at the Exxon, at Conn. & Nebraska, the lowest price is $3.79, if paid in cash.

How does the Exxon station sustain this differential? It is consistently this way.

That Exxon is well known for always being unreasonably expensive. When I see people pumping gas there, I always assume they are not very bright. There are two gas stations a block down wich are usually a dollar cheaper.

[Anonymous]

I have always wondered this about the Exxon in Bethesda at Old Georgetown and Auburn Ave. It is always a dollar more than any other nearby gas station.

[Anonymous]

This is what happens when you have stupid regulations that cause odd and inefficient business behavior.

[Anonymous]

wow... i paid 2.17 on georgia ave, md. this morning. exxon station

[Anonymous]

My recollection of the weirdly expensive gas station near the Kennedy center is that gas stations are a cabal and the weird prices resulted from some sort of longstanding dispute between an owner and a distributor or something so this is probably that.

[Anonymous]

Anonymous wrote:The Exxon's are Joe Mamo gas stations. I'm pretty sure he's just land banking. His gas station in Spring Valley has an insane price - always over $4/gallon regardless of oil prices.

I'm pretty sure he's just trying to minimize his costs while he continues to sit on land which he will eventually sell to developers. In the meantime, he's avoiding the penalty property tax rate for unused property.

Mamo is a total creep.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The Exxon's are Joe Mamo gas stations. I'm pretty sure he's just land banking. His gas station in Spring Valley has an insane price - always over $4/gallon regardless of oil prices.

I'm pretty sure he's just trying to minimize his costs while he continues to sit on land which he will eventually sell to developers. In the meantime, he's avoiding the penalty property tax rate for unused property.

Mamo is a total creep.

How so?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The Exxon's are Joe Mamo gas stations. I'm pretty sure he's just land banking. His gas station in Spring Valley has an insane price - always over $4/gallon regardless of oil prices.

I'm pretty sure he's just trying to minimize his costs while he continues to sit on land which he will eventually sell to developers. In the meantime, he's avoiding the penalty property tax rate for unused property.

Mamo is a total creep.

How so?

Market manipulation

Abuse of employees

Illegally armed security people

Pay practices

Shody self-service equipment (air fill hoses at his gas stations)

Filthy bathrooms