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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,…
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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…

