MIAMI, Feb. 22, 2011 /PRNewswire/ -- As trouble in the Middle East continues to spread, the price of oil and gas continues to rise. Gas prices are up $.75 per gallon this winter even though this is typically the time of year when prices are the lowest. Continued unrest in the Middle East combined with seasonal price increases could see gasoline prices shoot right past $4 and head towards $5 per gallon.
Americans are increasingly taking advantage of programs that offer protection from rising gas prices. MyGallons.com and MoreGallons.com offer price protection programs to individuals and businesses respectively. Customers are able to buy gas at today's prices and save it for future use, effectively locking-in lower prices and saving money.
"The past few weeks have generated the highest increase in sales that we have seen throughout our 3 year history as our members are locking-in gas prices," states Steven Verona, CEO of MyGallons LLC. "This is much scarier than what we experienced in 2008 when gasoline went over $4. Today we are dealing with increasing demand like 2008 compounded by the very serious situation in the Middle East. The events in Egypt and Libya have had little actual impact on energy supplies and yet the price of oil has increased significantly. If the turmoil spreads to countries such as Saudi Arabia, oil and gas prices could double in a matter of days."
For more information log on to www.MyGallons.com
About the Company
Headquartered in Miami, FL, MyGallons.com offers members the ability to protect themselves from rising gasoline prices by locking in the current price. Please visit us at www.MyGallons.com.