Posted on 09/27/2024 12:53:40 PM PDT by Signalman
Better sell your shell stock, their going to end up A “shell” of a company.
Quite the opposite. They're following the trend of building massive rest stop / shopping / gas stations. The local shops were kept going by auto repairs, then small convenience stores, but now can't stay solvent.
An operator needs more customers, less slow times, more goods to sell, easier fuel delivery access, and more fuel capacity than the smaller stations can provide. If you drive across country, you see it more and more where the few gas stations in town close, leaving maybe one gas station / market surviving, and out by the highway is a large rest stop / gas station / shopping center with restaurants.
It's just like the Five-and-Dime on Main Street shutting down while the Mega-Mart out by the highway pulls in customers.
I remember when all 7-11s (at least the ones I saw) had 2 pumps. Then the local regulations went through a few spasms and 7-11 got tired of replacing the tanks and dumped the gas. The Speedway near me is tiny, can’t imagine it’s making money, which sucks because it’s very convenient.
Meanwhile QT is out there with 20 pumps and 2000 square foot stores. It’s hard to compete with them. Circle-K in my area has been putting up megastores.
I don’t think I’d ever eat at a former gas station restaurant. I don’t trust the soil.
“What’s up with “California alone”?”
California, itself, has more than 1100 locations.
They are going the Hertz way.
How many billions did Buttgouge (rhymes with price gouge) get to build Ev stations? How much of that is ending up in Shell’s pockets?
The soda pop/candy machines were always the money makers for gas stations. There is little money in selling gasoline.
I don't know - I've had my share of coffee, buttered rolls, potato chips, and sandwiches that had a little grease, diesel, or parts cleaner flavoring.
Maverik gas stations/convenience stores are cleaning Shell’s clock in Utah. They open a new station about once a month and each one is immediately full of customers.
And the garage, long ago. Now it’s groceries and pizza.
A few Shell stations here in SW WA became Sinclair.
Add 30 recharge stations to each gas station and survive. (/S)
The bloom is off the rose as to EV’s. They are going to lose a ton of money on this. Have they not done the market research have they not looked into any of this close enough?
I wonder where they will be getting the additional power to charge these silly electric vehicles?
No it’s perfect!
Maybe they think they can get one of those seven ev charging stations to make it up.
Shell is NOT “all-in” on EVs: they’ve recently bailed on plans to build and operate a network of EV charging stations, and Shell has been selling off their retail gasoline outlets for several years now, simply getting out of the low-margin, high up-keep filling station business ...
I live in Buc’ees Heaven...lol, there are 4 Buc’ees within 30 minutes of my house, and they are still building in North Texas. The population growth in North Texas is phenomenal. There’s Denton, Melissa (near McKinney), North Fort Worth, and Royce City, about a mile from where my granddaughters live.
I went to an Electrify charger spot and 2 of 4 chargers were missing the cables and the other two were busy. Cable theft for sure. I went to the Shell Recharge nearby and they wanted .65 per kilowatt. Electricify is .56. I went to a different Electrify location. They had all their cables. If I have to buy 40 kilowatts it’s 4 bucks. Shell would have to sell the electricity a little bit cheaper to be in that business. I would guess that the car charging business is not Shell’s best option.
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