OPIS Launches "iGas" iPhone App to Help Consumers Shop for Fuel

GAITHERSBURG, Md.--(BUSINESS WIRE)--Oil Price Information Service (OPIS), the nation’s leading supplier of retail gasoline and diesel fuel pricing information, has launched an innovative new service on the iPhone that will help millions of users shop for the cheapest fuel.

“The iPhone changes the game for consumers when shopping for the best prices on goods and services. The immediacy of being able to use the iPhone to perform targeted internet queries anywhere allows people to optimize their purchasing dollar,” said Michael Sinsky, CIO, OPIS.

Users needing to fill-up simply touch the iGas icon on their iPhone and the phone’s GPS system locates their position and returns the 10 cheapest fueling stations in the area. The actual prices are displayed in low-to-high order, along with the brand and address.

“This is a perfect marriage between data and technology that will allow consumers to gain more control over their fueling costs,” said Fred Rozell, Director of Retail Pricing for OPIS.

If a customer is planning on filling-up in another location, they have the option of entering in a zip code and the phone will return the 10 cheapest fueling stations in that particular area.

Customers have the option to pre-select their fuel search criteria: Regular Unleaded Gasoline, Premium Unleaded or Diesel.

OPIS is updating the iGas application to allow users to map to the station of their choice. The update will be released within the next 10 days, Rozell says.

With fueling costs at historically high levels, it is expected that iGas will be a popular download on the App Store, Rozell said.

About OPIS

Oil Price Information Service (OPIS) is the world's most comprehensive source for petroleum pricing and news information. In cooperation with fleet card provider Wright Express and direct feeds from leading C-stores and oil companies, OPIS receives daily retail gasoline and diesel prices for more than 125,000 retail outlets in the U.S. and Canada. OPIS provides these prices to dozens of leading websites and navigation devices. OPIS also collects 70,000 daily wholesale and spot prices for gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, propane, feedstocks, resid and kerosene. For more information call 888-301-2645 or visit www.opisnet.com.

Oil Price Information Service (OPIS)
Fred Rozell, 732-730-2568
Director, Retail Pricing
frozell@opisnet.com
or
Mike Sinsky, 301-287-2373
CIO
msinsky@opisnet.com