MyGallons.com - TriStateTuners.com :: Home of Tristate Auto Enthusiast

05suby · 07-03-2008, 04:40 PM

i just saw this on yahoo. apparently when you sign up you will pay the price of what a gallon is now all the time even if the price goes up. so say it is $3.99 in your area right now, then gas goes up to $4.50, by signing up you will always pay $3.99 with this card.

here is the article:
http://biz.yahoo.com/usnews/080702/0...ices.html?.v=1

here is their website:
http://mygallons.com/

what do you guys think?

twastheglow · 07-03-2008, 04:49 PM

How can that even be true?

twastheglow · 07-03-2008, 04:52 PM

Can someone summarize? I just skimmed through everything and don't understand how it works. Is this something that they bill for monthly? IE...you use the card and rack up $200 in gas purchases and you get a $200 bill?

05suby · 07-03-2008, 04:55 PM

apparently it seems that they buy stock in the oil companies and it benefits the members to pay lower gas prices. thats kinda what i got out if it. like by them buying stock and us being their members we kinda have stock in the companies. im not really sure just spit balling.

twastheglow · 07-03-2008, 05:03 PM

Ok...so I just read more through it. The only question I have is...if I signed up and my "price" was $3.99 a gallon, does it STAY @ $3.99 a gallon forever?

omgjacki · 07-03-2008, 05:05 PM

Quote:

Originally Posted by twastheglow

Ok...so I just read more through it. The only question I have is...if I signed up and my "price" was $3.99 a gallon, does it STAY @ $3.99 a gallon forever?

Yeah, like... even if it gets lower?

twastheglow · 07-03-2008, 05:07 PM

If I'm understanding it correctly, if it gets lower you receive credits back.

The Captain · 07-03-2008, 05:07 PM

Quote:

Originally Posted by omgjacki

Yeah, like... even if it gets lower?

If it goes lower, just don't use the damn card.

twastheglow · 07-03-2008, 05:08 PM

^ True...although I think the days of it staying lower are over.

The Captain · 07-03-2008, 05:11 PM

If legislation against speculators passes (i'm not up to date on it's status), we could see much lower prices. Apparently at one point, someone thought it was a good idea for the people who speculate (thus the ones who help determine the price) to be the same people who own the majority shares in oil co.

05suby · 07-03-2008, 05:16 PM

Quote:

Originally Posted by twastheglow

Ok...so I just read more through it. The only question I have is...if I signed up and my "price" was $3.99 a gallon, does it STAY @ $3.99 a gallon forever?

yea it does unless it goes lower then you just stop using the card.

Quote:

Originally Posted by omgjacki

Yeah, like... even if it gets lower?

if it gets lower they said just stop using the card and save it just incase it gets higher again.

DPancoast · 07-03-2008, 05:19 PM

hmmm, seems simple, interesting, and worth it.... but at the same time, there has to be SOMETHING wrong with how it works.

twastheglow · 07-03-2008, 05:20 PM

Quote:

Originally Posted by The Captain

If legislation against speculators passes (i'm not up to date on it's status), we could see much lower prices. Apparently at one point, someone thought it was a good idea for the people who speculate (thus the ones who help determine the price) to be the same people who own the majority shares in oil co.

So there's legislation in the works to curb this speculation bull****?

DC Hunny5 · 07-03-2008, 05:23 PM

pretty much, but there is a monthly membership fee like at costcos... in the long run, is it really worth it?

twastheglow · 07-03-2008, 05:24 PM

It would be worth it if I signed up like 5 years ago. LOL!!!

05suby · 07-03-2008, 05:35 PM

Quote:

Originally Posted by DC Hunny5

pretty much, but there is a monthly membership fee like at costcos... in the long run, is it really worth it?

they said its just one annual fee of $29.95 or something. but i guess its just like a credit card that you pay at the end of the month for the gas you buy but youll get your gas cheaper. but like you said is it really worth it now since most gas station are going to start being 10 cents cheaper if you pay with cash. there is one buy me that i go to all the time.

james_ls · 07-04-2008, 01:56 AM

What's that smell?

Nors · 07-04-2008, 12:58 PM

you prepay for gas, most fleet companies do this. say i sign up and put 200 gallons on my card @ 3.99.. i go to the pump and get gas it subtracts the gallons from my card. my gas will be 3.99 for all 200 gallons. each time you buy for gallons for your card there is a 1.95 fee, plus the 29.95 yearly fee.

now for the downside

the owner filed for bankruptcy in 2001 in ohio. he currently does not have a contract with anyone to process the transactions (until he does the card is useless) the BBB gave his company a F rating. he has no expierence in this type of buisness but does own 3 other buissness' (ones in upper darby pa)

sorry for grammer/spelling/formatting

Posted via Mobile Device

Soon2bG60 · 07-04-2008, 01:11 PM

Quote:

Originally Posted by james_ls

What's that smell?

Bull****?

461_SS · 07-04-2008, 07:28 PM

sounds too good to be true!

07-03-2008, 04:40 PM	#1
05suby Tri-State Post Whore Join Date: Sep 2007 Location: Aston Member #5738 My Ride: 2005 WRX iTrader: (1)	MyGallons.com i just saw this on yahoo. apparently when you sign up you will pay the price of what a gallon is now all the time even if the price goes up. so say it is $3.99 in your area right now, then gas goes up to $4.50, by signing up you will always pay $3.99 with this card. here is the article: http://biz.yahoo.com/usnews/080702/0...ices.html?.v=1 here is their website: http://mygallons.com/ what do you guys think? __________________ WFCrew #231 Form > Function Static > Bagged To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures. ....GO R.I.P. Sherwood "No Home"

07-03-2008, 04:55 PM	#4
05suby Tri-State Post Whore Join Date: Sep 2007 Location: Aston Member #5738 My Ride: 2005 WRX iTrader: (1)	apparently it seems that they buy stock in the oil companies and it benefits the members to pay lower gas prices. thats kinda what i got out if it. like by them buying stock and us being their members we kinda have stock in the companies. im not really sure just spit balling. __________________ WFCrew #231 Form > Function Static > Bagged To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures. ....GO R.I.P. Sherwood "No Home"

07-03-2008, 05:11 PM	#10
The Captain Tri-State Post Whore Join Date: Jan 2007 Location: West Philly - FBG$ Member #3369 My Ride: Prelude iTrader: (2)	If legislation against speculators passes (i'm not up to date on it's status), we could see much lower prices. Apparently at one point, someone thought it was a good idea for the people who speculate (thus the ones who help determine the price) to be the same people who own the majority shares in oil co. __________________ Thank you for flying Air force Airlines. Oh me? They call me The Captain. - "America is all about speed - hot, nasty bad-ass speed." Eleanor Roosevelt (1965)

07-04-2008, 01:56 AM	#17
james_ls TST Ruined My Life! Join Date: Mar 2006 Location: Warrington Member #1614 My Ride: 1998 Acura Integra LS//VTEC iTrader: (0)	What's that smell? __________________ *Heller Dope* - When the ** is doper than Hellen Keller; it's Heller Dope To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures. BUY MY STUFF!** To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.

07-04-2008, 07:28 PM	#20
461_SS Tri-State Addict Join Date: Feb 2008 Location: Holland, PA Member #6976 My Ride: 07 Mazdaspeed 3, 95 Probe SE, 86 Monte Carlo (Racecar) iTrader: (0)	sounds too good to be true! __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures. There is no Replacement for Displacement! Driver of the 461 Street Stock. To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures. 2008 Mountian Speedway Street Stock Champion XBL GT: Daking Reborn

07-04-2008, 12:58 PM	#18
Nors Tri-State Post Whore Join Date: Jul 2006 Location: DelCo, PA Member #2210 My Ride: 2011 VW GTI iTrader: (1)	you prepay for gas, most fleet companies do this. say i sign up and put 200 gallons on my card @ 3.99.. i go to the pump and get gas it subtracts the gallons from my card. my gas will be 3.99 for all 200 gallons. each time you buy for gallons for your card there is a 1.95 fee, plus the 29.95 yearly fee. now for the downside the owner filed for bankruptcy in 2001 in ohio. he currently does not have a contract with anyone to process the transactions (until he does the card is useless) the BBB gave his company a F rating. he has no expierence in this type of buisness but does own 3 other buissness' (ones in upper darby pa) sorry for grammer/spelling/formatting Posted via Mobile Device