How Fuel Price Protection Works

Fuel Price Protection has previously been unavailable to fleets consuming less than 42,000 gallons per month. Fuel Bank recognizes that small and medium fleets needs price protection as well. In combination with INTL Hanley, LLC, you can now protect your fuel price for volumes as small as 100 gallons per month. Here is how it works. 

Flow Chart

Steps

 You decide on:

- Fuel Type (Gas/Diesel/Jet Fuel/Aviation Gas/Marine Fuel)
- Monthly Gallons
- Protection Term (3, 6, 12 months)

Input these numbers into the Get a Free Price Indication page.

You will receive from us an indication of the price that you will be protected at for your chosen term, fuel type and monthly gallons. This will include the cost of the Price Protection Premium. 

If you are happy with the quote, INTL Hanley, LLC, will open an account at no cost and establish a contract with you at the agreed Strike Price. Details will be emailed to you. 

You will be asked to pay the Price Protection Premium by Credit Card, ACH (Interbank Transfer) or from an account with INTL Hanley, LLC.

Enjoy your price protection.

 
 

Example

Assume your contracted Strike Price (using NYMEX Index) is $2.00 and that you protected 1,000 gallons per month. If the published NYMEX average price is $2.20 for a specific month, you will be paid out $0.20 x 1,000 gallons = $200 for that month. 

Continue to buy fuel as you normally do. No new card is needed.

If fuel prices rise, you are protected at your contracted Strike Price (using either NYMEX or NARP Index). If fuel prices fall, you benefit from lower prices at the pump and in your private yard tanks.

 
 

Try inputting your own fuel data in the Savings Calculator and see you how much you can save

 
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