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  • Costco Gas Prices Expose Oligopoly

    Costco Gas Prices Expose Oligopoly

    Tomorrow, Costco opens its doors in Iceland and already the American wholesale giant is causing a ruckus in the Icelandic retail market, with its gas prices shaking up the competition. Cleverly Costco set the prices on their gas pumps at 169.5 krónas,…

  • Storm Traps Over 200 People In Gas Station

    Storm Traps Over 200 People In Gas Station

    More than 200 people are stuck in Staðarskáli gas station in Northwest Iceland due to a large storm which closed Holtavörðuheiði road, reports Vísir. Around 80 people have been offered a place to sleep at the local school, Reykjaskóli, and some families…