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It started with a mediocre hotdog at a brand new Sheetz and a gas station literally across the street — and it got me thinking. Wilmington already has well over 130 gas stations across New Hanover County alone, from the big national chains to the mom and pop stores that have been part of this community for decades. And yet somehow, more keep coming. In this episode I dig into exactly what is being built right now across this city, why our explosive population growth has made us a prime target for billion dollar convenience store chains, the surprising truth about how little money these companies actually make on gas, why prices differ from one station to the next and whether that should change, what happens to the little guy when corporate money moves in, and the unexpected reason why electric vehicles are actually accelerating the gas station boom rather than slowing it down.
Check out my youtube channel and other fun stuff here: https://linktr.ee/portcitylivingnc
By Billy CorbettIt started with a mediocre hotdog at a brand new Sheetz and a gas station literally across the street — and it got me thinking. Wilmington already has well over 130 gas stations across New Hanover County alone, from the big national chains to the mom and pop stores that have been part of this community for decades. And yet somehow, more keep coming. In this episode I dig into exactly what is being built right now across this city, why our explosive population growth has made us a prime target for billion dollar convenience store chains, the surprising truth about how little money these companies actually make on gas, why prices differ from one station to the next and whether that should change, what happens to the little guy when corporate money moves in, and the unexpected reason why electric vehicles are actually accelerating the gas station boom rather than slowing it down.
Check out my youtube channel and other fun stuff here: https://linktr.ee/portcitylivingnc