Worlds Highest Current Gas Price at Beverly Center station

2 years ago
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​@VideoMattPresents drives by the worlds highest gas price currently in America.

At the Beverly Center station, in the span of an hour, a number of people drove in just to take a photo of the gas station’s sign showing the day’s prices. More people walked in to buy snacks at the station’s convenience store.

When reached at his office, the owner and operator of the gas station, Charles Khalil, said that there’s no economic mystery behind his prices: People shopping around the Beverly Center are just willing to pay.

He’s operated the location since 1990 and kept the prices above average since the beginning. “I always kept my pricing even, my profitability and everything even, 30 years to today, always the same,” Khalil said.

With land so valuable, his mortgage payments are high, he said, and after his franchise agreement expires in a few years he expects he’ll sell. “It doesn’t pay to be a gas station with the value of the land” in the middle of a shopping district.

Gas prices in Los Angeles have climbed to new heights this week, with Angelenos shelling out more than $5.50 a gallon on average at the pump.

But for customers at a handful of notorious gas stations across town, $5.50 would be a bargain.

These stations are the mysterious outliers of the L.A. petroleum landscape, advertising $6.95, $6.99 or even $7.05 for a gallon of regular grade, seemingly in defiance of economic sense.

Mention their intersections, and many Angelenos gravely nod, their eyes growing wide: How can that place at Fairfax and San Vicente, or La Cienega and Beverly, or downtown on Alameda right across from Olvera Street, charge such wild prices? What dark secrets do they hide? And who’s desperate enough to buy gas there?

Name brand or generic? What to know about buying cheaper gas amid soaring fuel prices
https://abc7news.com/california-gas-prices-ca-national-average-costco/11640749/

The truth about L.A.’s most notoriously expensive gas stations
https://www.latimes.com/business/story/2022-03-09/most-expensive-gas-stations-in-la

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With a new federal ban on Russian oil nudging pump prices still higher, The Times set out to find answers at three of the priciest gas stations in town.

On a sunny Tuesday afternoon, the Mobil on La Cienega across from the Beverly Center had customers despite its $6.95 price ($7.55 for the many buying premium). Most were in a rush, a little lost or using a company card.

One man, Edvard Barreto, said he stopped by in his late-model Volvo SUV because he was on the way to pick up a friend at LAX and didn’t want to set out with less than a full tank.

Taylor Symone, who works as a nanny, was filling up her Mazda CX-5 before driving her young charge back home to West Hills after a nearby music lesson. “This was the first place close to me. I probably wouldn’t have gone here had I known how expensive it was,” Symone said.

Harwood and Ryan Lee said they were in the neighborhood to buy supplies for the costuming business that the couple run together — they do work for a number of TV shows, including “American Horror Story” — and were adding only a few gallons to the tank of their BMW M440i before heading home to Mt. Washington.

“I love my car. The gas prices are just ridiculous,” Harwood said, though working at home lessens the financial strain.

In addition to their TV and film work, the pair make costumes and outfits for celebrities — Elon Musk has been a costume client, and they helped put the finishing touches on the 2018 Met Gala outfit he designed for Grimes, the musician and Musk’s former partner. Harwood said they plan to trade the car in for the equivalent all-electric BMW when it becomes available in the U.S.

Mike, who declined to give his last name, pulled in to fill up the tank of a brand new V-12 Bentley Continental GT Speed. The total topped $128. The only reason he was using this gas station was because he wasn’t paying for it.

“Because I’m on the clock and using a company card and I’m delivering to a client, I’m just using whatever’s closest,” he said, “but if I was using my own personal card, Costco’s the only way to go.”

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