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Jorick · 01-13-2022, 09:09 AM

I was in the Army and stationed at Ft. Greeley, Alaska back in 1983. Gas at the time in the States was about $1.25/gallon and gas in Delta Junction just outside of Ft. Greeley was over $4/gallon. One day, some Korean guy and his family moved to a place a couple miles outside of town that had a gas pump and large room on the bottom floor of his two floor place. Probably an old logging camp with gas pumps for trucks. He converted the upper floor to his house and the lower floor to a convenience store and started selling gas from the pumps. He set the price at $1.50/gallon and immediately took all the business away from the gas stations in town. Two weeks after he opened, all of the gas stations in town lowered their prices to $1.50/gallon. 6 months later, the Korean guy closed up shop, although he still lived above the closed store. Prices at the stations in town remained at $1.50/gallon until I left the Army and returned to the states a year later.

01-13-2022, 09:09 AM	#42
Jorick Junior Member Join Date: May 2020 Location: Ashuelot Posts: 12	Meanwhile, back in Alaska... I was in the Army and stationed at Ft. Greeley, Alaska back in 1983. Gas at the time in the States was about $1.25/gallon and gas in Delta Junction just outside of Ft. Greeley was over $4/gallon. One day, some Korean guy and his family moved to a place a couple miles outside of town that had a gas pump and large room on the bottom floor of his two floor place. Probably an old logging camp with gas pumps for trucks. He converted the upper floor to his house and the lower floor to a convenience store and started selling gas from the pumps. He set the price at $1.50/gallon and immediately took all the business away from the gas stations in town. Two weeks after he opened, all of the gas stations in town lowered their prices to $1.50/gallon. 6 months later, the Korean guy closed up shop, although he still lived above the closed store. Prices at the stations in town remained at $1.50/gallon until I left the Army and returned to the states a year later.