Yesterday's Gas Program?

[RSLudlum]

Anybody use this Gas Purchasing Program?

It's called Yesterday's Gas and is a program that allows you to purchase a certain number of gallons of gas at the current price. Your gallons are linked to a card that is used like a credit card but instead of deducting a dollar amount it just subtracts the number of gallons pumped from your account's gallon credits.

Currently it's limited to only BP and Citgo stations.


Sounds very interesting but wondering if anybody has used this or heard anything about it?

http://www.yesterdaysgas.com/index.html

 

[Fox McCloud]

interesting, too bad the nearest BP is over 20 miles away, and the nearest Citgo? well....let's just say, it's about an hour away.

Either way, very interesting....I'd definitely consider it, if there was a BP or Citgo in my city,

 

[Kenso]

Kinda interesting, says you can only use the card once per month though, that sorta sucks.

 

[ARealConservative]

Kinda interesting, says you can only use the card once per month though, that sorta sucks.

that is the deal breaker.

You pay $5 to sign up and $3.33 a month membership fee.

So to break even, you need to recoup $3.33 every time you purchase gas and stay in the program long enough to also recoup the $5 fee.

I have a 15 gallon tank, so unless gas is 22 cents higher then I paid for it, I lose.

And none of this takes the hidden tax of inflation into account.

 

[mattc2345]

Isn't this basically, on a tiny scale, speculating in futures but instead of paying brokerage fees paying a monthly membership fee?

I think the fees would eat up any savings and then some especially this one.

"Any partial gallon usage costing 10 cents or above will be rounded up to a full gallon."
Better be careful and not fill up your tank cause if you ended at any fraction of a gallon you will pay for the whole gallon. Therefore you will be filling more often as you can't top off your tank.

Also the site had a few typing errors
"Only one purchase transaction ofperpaid gallons..."

I will not do business with any business with errors like that on there website or communications. There website title as it appears in your browser says "Home" and has no fancy icon in Mozilla. Sorry to nitpick though just a little OCD thing going on here. It doesn't look very professional though.

 

[ARealConservative]

Isn't this basically, on a tiny scale, speculating in futures but instead of paying brokerage fees paying a monthly membership fee?

I think the fees would eat up any savings and then some especially this one.

"Any partial gallon usage costing 10 cents or above will be rounded up to a full gallon."
Better be careful and not fill up your tank cause if you ended at any fraction of a gallon you will pay for the whole gallon. Therefore you will be filling more often as you can't top off your tank.

Also the site had a few typing errors
"Only one purchase transaction ofperpaid gallons..."

I will not do business with any business with errors like that on there website or communications. There website title as it appears in your browser says "Home" and has no fancy icon in Mozilla. Sorry to nitpick though just a little OCD thing going on here. It doesn't look very professional though.

the average price model is a joke too.

In my zip, they list the low price of 3.65 the high of 4.11, yet in the list they fail to display the gas station charging 4.11. I seriously doubt such a station exists.

So the average price is 3.88 and that is what I must pay per gallon.

 

[mattc2345]

Well now that ARealConservative and I have thoroughly ridiculed this I will say I do like their idea and their entrepreneurial spirit.