One of the most well-known gas stations in South Dakota, Iowa, and Minnesota has recently made a significant announcement. They have decided to close down over 1,000 of their locations across the country.
This gas station holds the distinction of being the sixth largest in the state of Minnesota.
According to a recent article published by Intersolar, Shell gas stations are planning to shut down a minimum of 1,000 retail stations between 2024 and 2025.
Why does Shell plan to close its retail gas stations?
The title “Why does Shell want to close its retail gas stations?” suggests that there is a specific reason behind Shell’s decision to close its retail gas stations.
Shell officials have expressed their intention to shift their focus and utilization of resources towards expanding services for electric vehicles (EVs).
“We are upgrading our retail network, with expanded electric vehicle charging and convenience offers, in response to changing customer needs. We believe growth in oil demand is set to slow in the second half of this decade and could start falling in the 2030s because of increasing vehicle efficiency and growth in electric vehicles.”
Shell has announced plans to install approximately 70,000 public charging stations by 2025, with a target of reaching about 200,000 stations by 2030.
How many Shell gas stations are there in South Dakota, Iowa, and Minnesota?
South Dakota is home to 17 retail gas stations operated by Shell. Meanwhile, Iowa boasts 43 Shell retail gas stations, and Minnesota takes the lead with over 70 Shell locations.
“Discover the Most Affordable Gas Stations in South Dakota, Iowa, and Minnesota”
Shell has not yet disclosed the specific gas stations in South Dakota, Iowa, and Minnesota that will be closing. However, it is anticipated that Shell’s EV charging stations would initially be established in larger, urban areas. It wouldn’t be unexpected to find Minnesota Shell stations among the locations chosen for this expansion.