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In the past decade, there's been a significant reduction in gas stations in DC, mainly b/c their location made them more valuable as real estate development than as gas dispensaries.

Another thing that has also plummeted are repair bays at existing gas stations. A great number of them have been converted to gas 'n go convenience stores. Which means fewer mechanics, less convenience for residents, and fewer vocational job opportunities for residents.

And, while real estate prices surely affect DC gas prices, I'd say perhaps an equal factor is the near-monopoly in the distribution business by a handful of jobbers. Read last week's City Paper for a great background on the King of DC Jobbers.

And (finally), if I owned a home above the M Street Exxon, I'd be mighty concerned with how high that new condo development will be. I'd much rather have a gorgeous view of the river than of the building's rooftop HVAC systems.

by Fritz on Feb 26, 2011 6:34 pm • link • report

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