One of the Largest Gas Stations in New Jersey and Pennsylvania is Closing 1,000 Locations

Every day, we hear about another store or retailer closing up shop in our area.

The reason is often because of shifting consumer habits to digital shopping.

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This is different because the product offered is almost exclusively in person.

I'm talking about gasoline.

One of the largest fuel companies in New Jersey and nationwide is Shell.

They operate 246 gas station locations in Jersey alone.

Why is Shell closing 1,000 gas stations?

Finance Buzz reports:

It seems like price pains at the pump are causing consumers to migrate to EVs or electric vehicles.

Shell believes that as early as 2030, oil demand could start falling for the first time in a while.

These closures and the increase in public charging stations are simply a plan for the future.

ALSO READ: These New Jersey Stores Are at Risk of Closing in 2025

How much do you save with an electric vehicle?

According to Consumer Reports, EV owners save an average of $4,600 in repairs and maintenance over the car's lifespan. It's about 8.1 cents per mile.

That's not including the generous rebates that are offered to drivers.

There are plenty of cost-saving benefits to owning an electric vehicle, but there are some drawbacks as well.

If you like to drive long distances, I've been told that having an EV can be a headache.

Instead of stopping for five minutes or so to fill up your tank, you have to sit at a charging station, which takes considerably longer.

Which Shell locations are closing in 2025?

Closure locations haven't been announced yet, but keep an eye on this space.