July 1, 2008

Mygallons.com: Lock In Gas Prices Before They Go Up

Mygallons.com is a new service that lets you purchase gasoline at the current rate, and lock in that price for future fill ups. For example: you prepay for 100 gallons at $4.10 a gallon and every time you get gas (until the 100 gallons run out) you pay that rate - even if prices go up. The system uses a debit card that’s accepted at 95% of the gas stations in the United States. Users can either pay a $29.95 annual fee for automatic refills to their card, or $39.95 for manual refills. Rates go up slightly if you buy a higher grade fuel or fill up outside of your home area. Your price per gallon is calculated based on an average price in your local region. You’ll also get credits if the gas is significantly cheaper than your local average. The only potential downside to this program is if gas prices go down, which is of course, very unlikely.

Mygallons.com

Article categories: Automotive, Retail, Transport & Travel