Big-Name Gas Station to Close Hundreds of Locations in 2024-25

You may soon have one less place to fill-up your vehicle on your next roadtrip.

Depending on how far you’re driving, you may notice hundreds of gas stations that are now closed.

A recognizable name among gas stations and oil companies has announced plans to shutdown almost 500 locations.

Gas Stations Closing In 2024 And 2025.

The Street recently dug through the latest Energy Transition Strategy report from Shell and noticed an interesting tidbit of information. The company is looking to move away from some of its retail locations.

According to the website, Shell will “divest” nearly 500 gas stations. The closures are expected to be spread across this year and 2025.

So far, it looks like the only sites that will be affected will be ones directly owned by Shell.

The company says it has more than 13,000 stations spread across the U.S. and 45,000 Shell-branded locations worldwide.

Gas Prices outside a Shell Gas Station

Getty Images

loading…

Why Shell Is Closing Gas Stations

Shell made its intentions clear in the company’s Energy Transition Report. They want to change to better meet customer needs when it comes to electric vehicles.

READ MORE: Report Reveals Walmart Will Shutter More Stores in 2024

“We aim to grow our public charging station network for electric vehicles, and remain one of the world’s largest blenders and distributors of biofuel,” the report states.

Part of the move will be to offer more low-carbon products while the company predicts decreased sales of those that contain petrol and diesel. Shell hopes to reduce the amount of carbon emissions from its customers by as much as 20% in the next six years.

Big Brands Closing Locations in 2024

Here is a look at some of our favorite big brands that will be closing locations in an effort to stop losing money at stores that are underperforming.

Gallery Credit: Billy Jenkins

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

STAY THE NIGHT: Historic Mobil Gas Station From 1925

Gallery Credit: Lauren Wells