Gas station owner stops selling gas as prices near record $5 a gallon

  • Record prices prompt a Massachusetts gas station owner to stop selling fuel, according to Western Mass News.
  • ExxonMobil raised gas prices by 40 cents in 24 hours, the owner of Ren’s Mobil told Western Mass News.
  • He has stuck ‘out of gas’ posters on the pumps but will continue to service the cars, the report said.

Gas station owner in Massachusetts has curbed gas sales to protest record prices, Western Mass News reported.

Russian invasion of Ukraine and wider supply chain issues drives up gas prices to an average of $4.98 per gallon on Friday, according to the AAA. Gasoline prices are now 62% higher than at the same time last year.

Reynold Gladu, owner of Ren’s Mobil in Amherst, decided to stop selling fuel at the station, which has been in operation for about half a century.

He told Western Mass News: “It’s hard enough for people to put groceries on their table after working in the factory or wherever they work for 30 to 40 hours a week and not being able to put groceries on their table. gas in their car and drive to work. II don’t want to be part of it.”

Ren’s Mobil, which is supplied by ExxonMobil, posted “out of gas” posters on its pumps, according to the report.

Gladu said ExxonMobil informed him two weeks ago that it had raised prices by 20 cents. The next day, the oil giant raised prices another 20 cents, he told Western Mass News.

“There’s no justification. It’s the same gas that was in the ground that they just make extra money with,” Gladu said.

ExxonMobil should “stop stealing from the public,” he told the broadcaster.

Although he no longer sells gasoline, he plans to continue servicing vehicles.

ExxonMobil did not immediately respond to Insider’s request for comment.

The company told Western Mass News that it does not own or operate gas stations in the United States because they are privately owned and the price of gasoline is based on local market conditions and local conditions. other factors.

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