17 Dec
2003
17 Dec
'03
11:17 p.m.
On Wed, 25 Jun 1997, Brad Dolan wrote:
About 6 months ago, Shell introduced pre-paid cards in $25, 50 and 100 denominations which could be used to ~anonymously pay for gas at the pump. Suddenly, Shell has withdrawn all but the nearly-pointless $25 cards.
Security problems?
Complaints from the Freehdom usurpers?
Inquiring minds want to know.
Probably because they sold the $50 and $100 at a discount ($48 and $94). Margins are slim in the competitive areas, so getting a 6% discount (on something you can charge to a cashback card) probably ate into their profits. I didn't ask why, but I bought a few $100 since there is a Shell station at the corner :). $100 of gas for $94 - I'll take it while I can.