Fuel Bank...Great Idea!

[danteBirosel 5,000+ posts]

http://www.fuelbank.com/

Check out this good idea that will open up @ Fall 2006. You lock on a gasoline price and put down an amount of cash on your account. I think it's a freakin shweet idea. Downside is that the gasoline price may fall, and you will need to use the gasoline price you chose for your Fuel Bank.

Filling up the vehicle is one of the most expensive, yet necessary, frequent purchases. We have grown to accept the fact that pump prices are unstable and the oil companies tend to raise and lower prices together.

The problem is that consumers and businesses are exposed to shifting pump prices every time they have to fill up and are therefore not in control of fuel expenses. Fuel Bank has solved this problem. Fuel Bank is the first to market with a way of fixing the future price you pay for fuel and protecting against future fluctuations in pump prices.

What do you guys think about this? It's been spreading out on the news...

-Dante

Click to read more...

 

[goose5741 10+ year member]

Theres been a company in st.paul/minnapolis (sp...) that has been doing that for several years....they say the still have a couple of customers filling up on gas they paid less than $1 a gallon for...and hundreds of customers filling up on sub $2 a gallon gas...but yah its sorta a good idea, if you think gass will go up a lot more. I am more in favor of just having gas prices go down in general....or way more fuel effiecent cars....

 

[danteBirosel 5,000+ posts]

yea i heard about the people that locked there gas prices couple of years ago when it was 1 dollar something. They are some lucky happy people out there.

 

[danteBirosel 5,000+ posts]

u might be talking about this one right?

http://www2.firstfuelbank.com/