One of the largest gas station companies in the United States has announced plans to close 1,000 gas stations over the next 2 years.

One of Idaho's Biggest Gas Stations Closing 1,000 Stores

Shell is the largest gas station company in the US with more than 12,000 stations and a presence in every state, something the rest of the top 10 companies can’t claim. Exxon Mobile has just under 12,00 stations but only in 47 states. That ranking could change over the next 2 years as Shell has announced plans to divest (get rid of, sell, or exchange) 500 locations this year and another 500 in 2025.

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You can read the announcement on page 28 of their 60-page Shell Energy Transition Strategy 2024.

We are upgrading our retail network, with expanded electric vehicle charging and convenience offers, in response to changing customer needs. In total, we plan to divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025. We are growing our premium lubricants portfolio to supply key energy transition sectors such as transformer oils used for offshore wind parks, and cooling fluids to support the development of electric vehicle car batteries.

Shell isn’t the largest gasoline company in Idaho, that honor goes to Chevron, but they do operate more than 90 stations in Idaho including 27 in Boise, 7 in Nampa, and 7 in Twin Falls, according to their website.

Shell Plans to Close 1,000 Stores. Will Idaho Be Affected?

Shell hasn’t announced which stores will be closing or if they will actually close at all. The main reason they gave for the divesting of locations was to make space for EV (electric vehicle) charging stations. They could have plans to use current gas locations and turn them into EV sites.

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LOOK: See how much gasoline cost the year you started driving

To find out more about how has the price of gas changed throughout the years, Stacker ran the numbers on the cost of a gallon of gasoline for each of the last 84 years. Using data from the Bureau of Labor Statistics (released in April 2020), we analyzed the average price for a gallon of unleaded regular gasoline from 1976 to 2020 along with the Consumer Price Index (CPI) for unleaded regular gasoline from 1937 to 1976, including the absolute and inflation-adjusted prices for each year.

Read on to explore the cost of gas over time and rediscover just how much a gallon was when you first started driving.

Gallery Credit: Sophia Crisafulli

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