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Founded in 2006, Pricelock is headquartered in Redwood City, California. [2] A deal with Chrysler in May 2008 guaranteed new-car buyers a gasoline price of $2.99 for three years. While the deal didn't stop Chrysler from going into bankruptcy, it brought Pricelock 24,500 new customers, and led to a similar deal with Hyundai.
The companies enter into hedging contracts to mitigate their exposure to future fuel prices that may be higher than current prices and/or to establish a known fuel cost for budgeting purposes. If such a company buys a fuel swap and the price of fuel declines, the company will effectively be forced to pay an above-market rate for fuel.
OLCO Petroleum Group – 319 stations in Ontario and Quebec; Petro-Canada – 1323 stations and 200 Petro-Pass stations across Canada; some acquired from BP (1983), Petrofina (1981) and Gulf Oil in the 1980s; Pioneer Petroleum – 130 stations in Ontario; 7-Eleven brand gasoline; Shell Canada – Canadian unit of Shell with 1800 stations across ...
Today a gallon of gasoline in California today costs $4.61 on average, just over 10 cents lower than the last month and more than 50 cents lower than last year, according to the latest prices from ...
This is a list of notable automotive fuel retailers ("petrol" or "gasoline", "diesel", etc.) and their controlling oil companies. The format of this page is based on current ownership and where they largely operate: Parent company Children (acquired companies and notable brands)
Most airlines in the U.S. today hedge fuel costs in a systematic fashion. Each quarter, they open new hedge positions in future quarters, with earlier periods tending to be more heavily hedged ...
From 1979 to 1996, Ultramar grew by acquiring stations from several other companies, including Canadian fuel marketers Texaco Canada, Gulf Canada, Sergaz, Sunoco and Spur. [1] In 1981, Ultramar acquired Hanford, California-based Beacon Oil Company. It retained the name. [2]
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