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Fuel offering and purchase management system

  • US 8,504,465 B2
  • Filed: 12/27/2011
  • Issued: 08/06/2013
  • Est. Priority Date: 04/09/2007
  • Status: Active Grant
First Claim
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1. A computer processor-implemented method to generate fuel offerings, comprising:

  • determining, by a computer processor, a strike price and a premium price for a fuel offering based on a commodity offering pricing model;

    establishing, by the computer processor, a usage restriction for the fuel offering;

    providing the fuel offering for selection by a customer;

    receiving, at the computer processor, a selection of the fuel offering from the customer; and

    providing payment to the customer, in response to an exercise of a portion of the fuel offering by the customer, if the strike price is less than a retail price associated with the exercise and the usage restriction is satisfied.

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