GasBuddy.com

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GasBuddy Organization, Inc.
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Type Private
Founded Brooklyn Park, Minnesota
(April 2004)[1]
Headquarters Brooklyn Park, Minnesota
Area served United States and Canada (major metropolitan areas)
Owner Oil Price Information Service
Parent UCG
Website GasBuddy.com
Type of site Gasoline price website
Advertising Banner ads
Registration Not Required
Available in English
Launched June 11, 2000 [1]

GasBuddy OpenStore, LLC, is a company located in Gaithersburg, Maryland, which operates websites and mobile apps[2] that report fuel prices to the public through crowdsourcing and relationships with stations and credit card companies.

History

Dustin Coupal and Jason Toews founded GasBuddy Organization in April 2000 in Minneapolis, Minn.[3][4] It filed for Minnesota for-profit corporation in April 2004 as GasBuddy Organization Inc.[1] (As of 2013, gasbuddy.com lists the operator as "GasBuddy/OpenStore LLC".)

Coupal worked as an eye doctor prior to starting the company.[4] Toews was a computer programmer.[4] Toews and Coupal started GasBuddy to help people find the cheapest gas in their area.[4]

In March 2013, UCG, a privately held, business-to-business company headquartered in Rockville, Maryland, announced that Oil Price Information Service (OPIS) had acquired GasBuddy;[5] OPIS is a UCG subsidiary established in 1977 as the Oil Express Newsletter and specializing in worldwide petroleum pricing and news for businesses.[6]

Overview

GasBuddy operates apps and websites for the public to report and see prices of motor fuel in many areas of United States and Canada.[7][8][9] Users report motor fuel prices in their area, which is made available to other visitors. Each entry is timestamped.[8] As of April 2011, data on the website and in apps is provided by spotters, stations and relationships with credit card companies.[10]

Although registered users are not directly compensated, they are given points for their participating which allow them to obtain electronic tickets to games of chance in which they can win prizes, such as prepaid gas cards.[citation needed]

Its website offers additional features such as fuel log book which allows users to record fuel purchases, odometer miles and keep a log of fuel usage.[11]

References

  1. 1.0 1.1 1.2 Lua error in package.lua at line 80: module 'strict' not found.
  2. http://www.edmunds.com/car-technology/automotive-apps/road-test-of-4-fuel-finder-smartphone-apps.html
  3. http://www.cbsnews.com/stories/2004/08/24/tech/main637984.shtml CBS news
  4. 4.0 4.1 4.2 4.3 Lua error in package.lua at line 80: module 'strict' not found.
  5. Lua error in package.lua at line 80: module 'strict' not found.
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  7. Monson, Kyle (August 25, 2008). "The Top 100 Classic Web Sites", PC Magazine. Retrieved October 10, 2012.
  8. 8.0 8.1 Hamilton, Anita (2008) "50 Best Websites 2008: GasBuddy", Time. Retrieved October 10, 2012.
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  10. http://www.businesswire.com/news/home/20110414005276/en/GasBuddy.com-Teams-Pricelock-Add-Fuel-Price-Protection-Option GasBuddy.com Teams up with Pricelock to Add Fuel-Price Protection Option for Businesses
  11. Lua error in package.lua at line 80: module 'strict' not found.(registration required)

External links