Homepage / Money

Colchester Gas Prices Down To $1.79

Station Owner: I'm Losing Money By Keeping Prices Low

POSTED: 5:19 pm EST November 18, 2008
UPDATED: 7:52 pm EST November 18, 2008

The price of gas in Colchester is plummeting before residents’ eyes.

The cost for regular gas dropped to $1.79 at the Sunoco, Citgo and Phillipa 66 on Tuesday.

Potential customers and new ones, like Linda Hauser, are stopping at the Sunoco, which has led the price drop, to thank the new owner, Abdul, for the break.

“It’s a great thing he started this in Colchester because Colchester's been known for high gas prices,” Hauser said.

The price war began a week ago after Abdul bought the former garage and repair shop and realized he had very few customers

He said he only sold 10 gallons of gas on his first day. He decided to lower his prices, and yesterday, he said, he sold 6,000 gallons.

Though he said it’s costing his about 10 cents per gallon to draw new customers away from the competition, it’s working. He said he knows it’s costing them money, too, with fresh tankers arriving almost daily.

“We'll take any help we can get,” said Tim Casey, of Hebron. “Actually, it’s a good trip to Colchester these days.”

“I can't believe it, it’s like the ‘90s all over again,” said Karen Neal. “I love it. I think it’s great.”


Links We Like

Sponsored Content
Find out what a sputtering economy and an increasingly difficult to crack job market means to you. More

Find out where you can buy low now and sell high when the market recovers. More

You don't need a gym to start a fitness plan. Try these tips on exercising by using your daily activities. More

Check out some of the most notorious police car chase scenes ever caught on tape. Don’t try this at home. More

Credit Report

560? 675? 720? The average US Credit Score is 692. What is your score? See it online for FREE! More

Best Local Rates On...



LocalNational

30 Yr Fixed Mortgage4.98%5.05%

48 Mo New Car Loan5.82%6.58%

$30k Home Eq Loan6.44%7.82%

6 Month CD0.75%0.80%
Help! I don't understand!
More Rates


Sponsored Links

Stock Quotes

Get a Quote
Enter Symbol


Gas Prices

Gas prices
Keep tabs on the latest news, and calculate the cost of a trip in our special section. More


E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters