Comment by jopolous

I worked at Costco while in college many years ago and I got to see how the gas price was set for my specific warehouse.

Someone would drive out to a few neighboring gas stations, record prices, and set ours ~10 cents lower.

That’s it. That’s how the price was set.

Aside, working there was very good for a college job and I was treated very respectfully for the summers I was there.