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The Economics of Pricing Yourself Out of the Gas Market

A West Covina CA gas station consistently has the highest prices in California, and therefore in the entire U.S. At $4.79, and it's lately been more than a dollar per gallon more expensive than another station right across the street. I've noticed it for some time on GasBuddy, but a reporter has finally dropped by to see what is going on. "Based on our numbers, that's the highest," said Patrick DeHaan, senior petroleum analyst for Gasbuddy.
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