Abstract: A computerized system for transacting the purchase and sale of consumer motor fuels between motor fuel merchants and retail consumers through software on a mobile or desktop connected device for periods in the future through the simultaneous execution of multi-party, multi-layered contingent transactions and pricing algorithms to ensure that all inter-related motor fuel merchant transactions are simultaneously transacted upon a retail consumer purchase execution. Motor fuels include refined products such as gasoline and diesel fuel, renewable fuels (e.g. ethanol, biodiesel), natural gas (including liquefied natural gas), jet fuel and electricity.
Type:
Grant
Filed:
September 2, 2021
Date of Patent:
February 27, 2024
Assignee:
Gasmart, LLC
Inventors:
Joseph H. LeBlanc, Jr., Nick DiCosola, Sagy P. Mintz, Leo E. Murphy, Robert A. Miller, William K. Ward, William F. Kerins, Luis R. Luque, Parker P. Drew, James V. Blanton
Abstract: A computerized system for transacting the purchase and sale of consumer motor fuels between motor fuel merchants and retail consumers through software on a mobile or desktop connected device for periods in the future through the simultaneous execution of multi-party, multi-layered contingent transactions and pricing algorithms to ensure that all inter-related motor fuel merchant transactions are simultaneously transacted upon a retail consumer purchase execution. Motor fuels include refined products such as gasoline and diesel fuel, renewable fuels (e.g. ethanol, biodiesel), natural gas (including liquefied natural gas), jet fuel and electricity.
Type:
Grant
Filed:
August 7, 2018
Date of Patent:
February 22, 2022
Assignee:
Gasmart, LLC
Inventors:
Joseph H. LeBlanc, Jr., Nick DiCosola, Sagy P. Mintz, Leo E. Murphy, Robert A. Miller, William K. Ward, William F. Kerins, Luis R. Luque, Parker P. Drew