As an update on a post from last week, here is a warning...
My co-worker sent me an article condemning MyGallons.com. The article says the company's prepaid debit card system does not actually work as it alleges. The Better Business Bureau gave it very bad marks because of thier false advertisements. On their website, MyGallons.com claims that their debit card is accepted at 95% of gas stations across the country. Apparently that is not the case. The article also brought up the point that I made: after paying the membership fee, you would have to buy a lot of gas and then the gas prices would have to rise quite a bit more, in order to actually save any money.
"To the dolphin alone, nature has given that which the best philosophers seek: Friendship for no advantage. Though it has no need of help from any man, it is a genial friend to all and has helped mankind." ~ Plutarch
Showing posts with label gas prices. Show all posts
Showing posts with label gas prices. Show all posts
Tuesday, July 08, 2008
Thursday, July 03, 2008
How much more can it rise?!
There is a fairly new and rather ingenius company that claims to want to save people money at the gas pumps. It is called MyGallons.com. What it allows people to do is to lock in at a certain rate and every time they go to fill their gas tanks, they will pay the agreed-upon price. From what I understand it is like a prepaid phone card. You buy the amount you want in advance and then you redeem it as you need it. You swipe your gas card and, voila! Your gas is paid for. All of the major gas stations accept it, which makes it fairly convenient. The one draw-back is the membership fee ($29.95), but that would not be a big deal if gas prices sky-rocketed in the near future and you bought enough to make it worth your while.
My only question in all of this, is how much can gas prices continue to rise?! Is there no end in sight?
My only question in all of this, is how much can gas prices continue to rise?! Is there no end in sight?
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