| 摘要 |
This application describes a system and method whereby, a consumer can prepay for Petroleum Products at a Fixed Price via an encoded plastic magnetic-type information card or printed receipt, in advance ("Prepaid"), gasoline and other motor vehicle propellant products ("Petroleum Products") at a fixed price for later consumption from one or more merchants. The fixed price is achieved by the Merchant purchasing or allotting a corresponding amount of Petroleum Product commodity to exactly offset the amount (in gallons) of Petroleum Product purchased by the consumer at the retail merchant location ("Fixed Price") and the system entails a centralized computer system. The consumer has thus, pre-paid and locked in a Fixed Price purchase of the Petroleum Product and the Merchant has hedged a corresponding amount of Petroleum Product so that a fluctuation in the market price of the Petroleum Product does not increase the price risk to the Merchant.
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