The fuel industry is often viewed through the lens of simple pump prices, but behind every gallon is a complex web of global conflict, regulatory "boutique" blends, and high-speed logistics. Abed Aish, COO of Double AA Corporation, joins us to pull back the curtain on how energy distributors are staying resilient in 2026.

The Oil Price Paradox

Despite escalating tensions in the Middle East and the ongoing Russia-Ukraine conflict, oil prices have remained surprisingly stable—hovering around half of the $100-per-barrel mark many analysts predicted.

"To me, what it says is just demand as a whole is not there... China's buying has slowed down, and the price is reflecting that weak global demand."

EVs vs. Hybrids: The Real Threat to Gas Stations?

While California is often seen as the epicenter of the EV movement, Abed observes a cooling trend in pure electric vehicle adoption due to high depreciation and rising electricity costs.

• The "Disgusting" Depreciation: Abed notes that while EVs had a "moment," their lack of value retention is a major deterrent for long-term owners.
• The Hybrid Surge: The real disruption isn't the car that uses no gas; it’s the hybrid getting 60+ miles per gallon. This efficiency "takes it on the chin" for fuel demand, though it doesn't eliminate the need for gas stations entirely.

Leading in the Shadow of a Founder

Double AA Corporation was founded 40 years ago by Abed's father, Wisfei. For many second-generation leaders, the urge is to take the wheel immediately. Abed’s approach is different: Respect and Grit.

• The "Boss" Mindset: Abed recognizes that it is his father’s capital and legacy on the line. By letting the founder lead and focusing on being the hardest worker in the room, Abed has fostered a culture of respect rather than fear.
• Outworking the Competition: "My biggest competitor is my dad. I try to outwork him every day, and the rest of the team sees that and follows along."

AI: Not Just for Tech Startups

You can’t use AI to "produce" gasoline, but Abed is using it to optimize everything else. Based in the heart of the Bay Area, Double AA Corporation leverages AI models to streamline logistics, financing, and operational workflows. Abed’s advice to new entrepreneurs? Stop paying for $600/month subscriptions. Use AI to build your own tools, websites, and scheduling platforms. Invest that "subscription money" back into your own education and equity.

The Golden Rule: The Exit Strategy

Whether you’re starting a business with high school friends or investing in a new retail site, Abed insists on one professional pillar: Always have an exit strategy. Knowing what an asset is worth and having a plan for when it reaches that value prevents emotional decision-making and protects personal relationships when business paths eventually diverge.

Another MENA family business story BTW has covered is that of Wissam Mehyou of Mehyou Group, whose conversation on legacy and innovation makes for a compelling companion read.