Cash Can Buy You Cheaper Gas

In a throwback to the 1980s, when it was common practice to charge different prices for cash and credit, some gas stations are knocking a few cents off each gallon for customers willing to pay with paper, not plastic. That's because as the price of gas has soared, so has the amount of money that stations pay credit-card companies, which take about 2-3% of each sale charged. Since drivers are quick to defect to another station to save just a penny or two, owners are slow to raise prices to cover their increased costs--and at times even lose money when a...

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