closed PayPerGallon.com

[SEO_Expert]

Last year I bought the domain name PayPerGallon.com before gas prices "hit the roof."

I have a very detailed business plan for this domain name but I will only talk about a few basic points that my idea includes.

I thought it would be great if people could buy gas or fuel online from a website and then visit a local participating filling station and use credit from the account they had just funded online.

The system in place is commonly referred to as pre-paid gas cards.

The way I see it, the way this system currently works is flawed and "could work better."

For example, lets say the gas price is currently $2.00 per gallon and you go to the gas station and buy a $100 Gas Card, but you do not use it at all that day because you already have 1/2 of a tank and you think that if you wait a few days the price of gas may go down, which will save a few dollars when you fill-up with the gas card that you just bought.

Let's say.. then next day you wake up, and Bush decides to Bomb Iraq, or something.... and as you are on your way to work you notice that all of the gas stations are packed and the price of gas is now over $5.00 per gallon. The night before you would have got 50 gallons for $100, now your $100 investment in the gas card is only worth 20 gallons of gas.

My idea of the Paying Per Gallon would resolve this issue.....

When you pay per gallon and spend $100 and gas is worth $2.00 - you will have bought 50 Gallons of Gas - If the price of gas goes up, then your $100 investment would increase as well. Using the same figures from the example above, 50 Gallons of Gas would be worth $250 at $5.00 per gallon. I think it would be nice to also have the ability to sell the fuel back to the fuel company or sell it to someone else to earn money.

Due to the nature of this idea, I do not want to explain how the site could profit, but if enough people used the system it could make millions of dollars every week. Think about all of the gas and diesel fuel that is used every day in the US alone.

Does anyone have any thought's or comments about this idea, concept, and how much this domain name is worth?

Kind Regards,

 

[Vinternatt]

Let's say.. then next day you wake up, and Bush decides to Bomb Iraq, or something.... and as you are on your way to work you notice that all of the gas stations are packed and the price of gas is now over $5.00 per gallon.

I don't think that Bush can bomb anywhere anymore But pretty original idea.

 

[SEO_Expert]

Thanks for your comment!

Yes, Thank God Bush is gone!!!!!

I just wanted to give a real world example that some people may be able to relate to.

Very Kind Regards,

 

[Bionic]

There's too many variables to go wrong before this idea could work.
Do you print a receipt that the gas station scans? You need a card of some sort.
Will they use your domain instead of their own petrol station site?
Will people want to pay per gallon instead of by dollar value?

Getting several mega giant corporations to play ball is next to impossible.
Even if it has a chance, which is very very slim, it's just a potential business,
resellers only buy popular products and phrases.

good luck anyway!

Reg fee

 

[goodguyy]

reg fee. too many things need to happen to give your name any value.

 

[SEO_Expert]

Bionic, like I stated, I do not want to offer too many examples and idea's about the details of my IDEA.

This idea is about making money, and it could make a lot of people a lot of money with the complete plan that I have outlined.

I just posted a few basic details to see what people think, I did not post everything and all of my ideas.

The variables that you want to contest are all worked out, don't worry.

 

[Gerry]

Ideas are great and only the first step with a plan.

However, you might need to look into this on a state-by-state level and the national level in regards to taxes.

The commodities trade in crude and you are talking refined. Irregardless, when the cost Per Barrel go up so do the costs at the pumps.

However, who is to be responsible if the taxes per gallon go up per state and federal excise tax.

The reason I mention this is many states will undoubtedly raise fuel taxes to try and make up for some other budget shortfalls. Selling to consumers is one thing but selling back to the distributor is another.

I know I just confused the hell out of every one, but you are talking about an industry very highly regulated. You may be getting into some gray areas of the FTC dealing with petrol futures.


Yes, pre-paid cards are great. But there is something in hand and already bought and paid for and there is a trust factor established when it has a BP, Exxon, or Mobile name on it.

I am not sure you really have much in the way of a trust factor established and don't see how you can get trust established.

You really need to be doing a lot more work into this and might even need a major underwriter as well as bonding and insurance. You're dealing with state-by-state and federal commerce here.

Right now with all the schemes and scams going on, without any assurances or product to offer except a gas "credits".... this is going to sound like just another way to part people and their money.

 

[chillking]

too many things need to happen to give your name any value.

 

[SEO_Expert]

What about selling gallons of water?

 

[Gerry]

What about selling gallons of water?

Thought you already had a well laid out and orchestrated business plan made up for the gas thing.

 

[goodguyy]

Who would buy water over the internet let alone gasoline. Either one makes no sense.

 

[SEO_Expert]

Who would buy water over the internet let alone gasoline. Either one makes no sense.

Are you trying to say, Nether one makes since? anyways...

If it can make dollars, then it makes since!

I would not expect it to make since to everyone....
Did everyone understand everything that Albert Einstein theorized?

I did not and WILL NOT disclose all of the details of my ideas online in a public forum.

- Thanks for the comments and feedback so far!

I just want to get an idea as to what other people think, I honestly do not care about negative feedback, I know what I can make happen. :yes: