OPIS Upgrades "iGasUp" iPhone App, Improves Searching and Mapping Functions

GAITHERSBURG, Md.--(BUSINESS WIRE)--Oil Price Information Service (OPIS), the nation's leading supplier of retail gasoline and diesel fuel pricing information, has upgraded its innovative gas shopping service on the iPhone to allow customers to search the closest - as well as cheapest - stations in a given area.

“It's counter-intuitive, but you can actually save a lot of money in down markets by shopping for your fuel”

Version one allowed customers to tap a screen and view the 10 cheapest stations in their area. This newest upgrade gives customers the option to also see the prices at the 10 nearest stations.

"When someone is very low on fuel, price isn't the major concern," says Fred Rozell, Director of Retail Pricing for OPIS. "They need to get to a station and they need to get there fast."

The iGasUp software takes the customer's position from the iPhone's GPS and maps it against the iGasUp database of more than 110,000 fueling locations, instantly showing the 10 closest or cheapest stations from that position.

With gasoline and diesel prices falling rapidly, iGasUp users are saving more than 15cts/gal in some markets by finding the stations with the most aggressive price decreases.

"It's counter-intuitive, but you can actually save a lot of money in down markets by shopping for your fuel," Rozell says.

While the application also allows customers to search by zip code, Rozell says the next OPIS release will allow customers to search by simply entering a city name.

"It is all about ease of use," he says. "And the nice thing about the iPhone platform is that you get customer feedback instantly."

For more info on iGasUp, visit www.iGasUp.com.

About OPIS

Oil Price Information Service (OPIS) is the world's most comprehensive source for petroleum pricing and news information. In cooperation with fleet card provider Wright Express and direct feeds from leading C-stores and oil companies, OPIS receives daily retail gasoline and diesel prices for more than 110,000 retail outlets in the U.S. and Canada. OPIS provides these prices to dozens of leading websites and navigation devices. OPIS also collects 70,000 daily wholesale and spot prices for gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, propane, feedstocks, resid and kerosene. For more information call 888-301-2645 or visit www.opisnet.com.