When gas is rare
Photo by Mehluli Hikwa on Unsplash Currently the price of gas in North America is at the lowest value we've seen in a decades because of the pandemic and a price war started by Russia. This whole situation is not great for gas stations of course because people aren't driving and their profits increase with great gas prices. This also points gas price volatility, both down and and up. Some gas stations will go bankrupt, some owners will retire a little earlier, but eventually there will be less gas stations. As more and more people are buying battery electric vehicles (BEV), the writing will be on the wall. Who would want to open a new gas station in this climate? Could you guarantee that there will be more gas guzzling customers in 5 years? As you have to drive further and further to gas up, the practicality of charging your car at home becomes more and more attractive. With less competition from other gas stations, the opportunities to price...