REDWOOD CITY, Calif.--(BUSINESS WIRE)--GasBuddy.com, which allows people to find low real-time retail gas and diesel prices in cities throughout the U.S. and Canada, has teamed up with Pricelock, an online provider of fuel and risk management services for businesses, to help businesses control their fuel prices.
As part of this alliance, GasBuddy will expand its site with information on Pricelock’s Fuel Price Protection and links to its easy-to-use interactive tools that help businesses understand how to manage the impact of rising gas prices on their business. Pricelock is the leading online provider of fuel price protection and budget predictability for small, medium and large businesses in the US. (www.pricelock.com).
“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, chief operating officer 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.”
“This alliance with Pricelock will expand the resources we offer on our site, and will add businesses as another group we serve,” said Dustin Coupal, co-founder of GasBuddy. “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.” (www.gasbuddy.com/pricelock.aspx)
Pricelock, headquartered in Redwood City, Calif., offers online fuel hedging and price protection that makes fuel costs predictable for small, medium and large companies in the US. 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. Pricelock has been awarded the 2010 Risk Innovator™ Award by Risk & Insurance and the 2010 Rising Star Award of Excellence by Platts Global Energy Awards. A full suite of Pricelock’s solutions can be found at www.pricelock.com.
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 the most timely, comprehensive and accurate pump prices in the industry through its network of 2,500,000 fuel price spotters, direct station surveys and relationships with credit card companies. The GasBuddy.com data is relied on by some of the top Fortune 500 companies and over 1200 major media outlets.