As part of this alliance, GasBuddy will expand its site with information on Pricelock's Fuel Price Protection and links to its interactive tools that help businesses understand how to manage the impact of rising gasoline prices on their business. Pricelock is a leading [image-nocss] online provider of fuel price protection and budget predictability for small, medium and large U.S. businesses.
"Visitors to GasBuddy will now find solutions on this community-driven site, which will bring value to both retail and business customers," said Naveen Agarwal, COO of Pricelock. "Business visitors to GasBuddy can now see first-hand that they don't have to be at the mercy of volatile fuel markets. They can cap their fuel costs and benefit from budget predictability."
Dustin Coupal, co-founder of GasBuddy, said, "This alliance with Pricelock will expand the resources we offer on our site, and will add businesses as another group we serve. GasBuddy not only can help individuals and businesses get the best prices on gas and diesel, we can help businesses protect themselves from spiraling prices."
Pricelock, headquartered in Redwood City, Calif., offers online fuel hedging and price protection services. By aggregating demand, Pricelock is empowering small and medium businesses to control fuel costs in ways that were previously only available to large fuel buyers, it said.
GasBuddy.com is a consumer-based initiative the tracks daily retail gasoline and diesel prices for 145,000 gas stations across the United States each day. GasBuddy.com is able to provide timely, comprehensive and accurate pump prices in the industry through its network of 2.5 million fuel price spotters, direct station surveys and relationships with credit-card companies.
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