Hi! 👋 I’m Jessa.

I blog daily about life, work, and the future.

Are gas stations on the decline?

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Here’s a very good view from The economics of gas stations:

And from the same article, the major contributors for this decline are:

  1. Natural gas is getting cheaper and more popular
  2. Electric vehicles (EVs) and driverless cars pose a long-term threat to gas sales
  3. Real estate in urban areas (NYC, DC, San Francisco, Boston) can be utilized for more profitable endeavors, like condos or office developments

And do you know that there’s even a movement that bans new gas stations?

For now, we could watch all these things converge and new markets unfold.