If you want to pay cash at the gas station, chances are you either need to pre-pay or leave some sort of deposit inside before the attendant will even unlock the pump. But a station in Saginaw, MI, is testing a new pump technology called Post-Pay that allows cash-paying customers to unlock the gas pumps with a mere swipe of a driver’s license. [More]
Earlier today, the White House — along with the EPA and DOT — formally announced their proposal to improve fuel economy over the next decade and a half, with the goal of achieving fuel efficiencies equivalent to 54.5 miles per gallon by 2025. [More]
Last month, we wrote about the new-ish practice of slapping stickers on gas pumps to prevent credit card skimmers. But someone at this Shell station seemed to have missed the point of the sticker completely. [More]
This year’s Fortune 500 list is out, and while Walmart’s $421 billion in revenue may have beaten out Exxon Mobil’s paltry $354 billion, the oil giant beat out Big W where it matters most, profits. According to Fortune, the crude colossus made a whopping $30.4 billion in profits last year, nearly double what Walmart made and over $10.5 billion more than the next most profitable company on the list. [More]
Reader Paul sends in this photo of a sign he saw at a gas station in Texas. First people were upset that gas stations were putting “outrageously high” holds of $100 on their cards when they paid at the pump. Now $100 is just the most you can buy at the pump without going inside and having them swipe your card. Sad.