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Do we know WHEN they went out of business? Because 2007, it wasn't uncommon to see gas at even $5.10 per gallon.
Also, on the day after 9/11, in New York, some gas stations went from the (at the time) common gas prices of $1.15 and made it as high as $5.00 per gallon. Then, the next day, president Bush had made that practice illegal.
So, if they happened to go out of business on 9/12/01, or anytime around 2007, this price would have been seen as low.
This sign gets flipped around by vandals pretty regularly. Right now, it says all 7s.
Edit: Just drove past it, it's back to 420
This is SC, I don't think it has been over $4 at any point.
You haven't been to North Augusta where, during the freeze of 2013/2014 many stations jacked up prices well-beyond reasonable and are now, no longer in business.