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BENTONVILLE, Ark. (AP) -- Wal-Mart Stores Inc. is cutting gas prices by 10 cents a gallon for three months to help consumers worried about their spending amid a sputtering economy and busy summer travel season.
"Our customers have told us that high gas prices are a top budget concern, nearly as large an expense to their households as food and groceries," Chief Marketing Officer Stephen Quinn said in a statement.
Wal-Mart is well aware that rising gas prices and other household costs are squeezing shoppers' budgets, reporting at its annual shareholders meeting earlier this month that shoppers appear to be focusing on groceries and little else.
To help ease consumers' worries, the world's biggest retailer announced Wednesday that customers visiting participating Murphy USA and Walmart gas stations in 18 states through Sept. 30 will receive a discount on all fuel, gas and diesel purchases when they use a reloadable Walmart gift card, Walmart MoneyCard or a Walmart credit card.
Gas prices neared $4 a gallon in late April and early May, but have since fallen to a national average of $3.57 per gallon. Still, the government reported on Monday that Americans spent at the weakest pace in 20 months in May, a sign gas prices may be hurting the economic recovery.
Wal-Mart said the discount will be taken immediately at the gas pump, with no other restrictions or requirements. The Bentonville, Ark. company said that a complete list of participating Walmart and Murphy USA locations can be found at www.walmartstores.com/gasrollback.
only about 15 participating states. my state not included.
able to cash in on this last night at get gas for $3.23 a gallon
Very nice, thanks for posting this. Looks like my Walmart card is going to get a bit more action. I work from home anyways, but drive around in a Titan so this would really help. Thanks!
But now that I think of it with Chase Freedom 5% back on gas july thru Aug seems like a better deal
@tsquad131 wrote:thats a pretty good deal i saw that on walmart.com earlier but my chase freedom 5% gas will yield more rewards than the gas discount for this quarter. this is good for people who dont have chase freedom or discover for this quarter
Exactly. My credit is not where it needs to be to have a Chase or Discover card, but this really helps those with the good ole Wally card.
With the average price of regular at $3.54, 10 cents per gallon is approximately 2.82%. Good, but it can be beat on gas with the right rewards card.
@stan_the_man wrote:With the average price of regular at $3.54, 10 cents per gallon is approximately 2.82%. Good, but it can be beat on gas with the right rewards card.
Geez, where do you people live?? That is so cheap!
@clocktick wrote:
@stan_the_man wrote:With the average price of regular at $3.54, 10 cents per gallon is approximately 2.82%. Good, but it can be beat on gas with the right rewards card.
Geez, where do you people live?? That is so cheap!
where do YOU live???
here, the cheapest gas right now is $3.30. but if you use flexfuel, it's $2.93