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    Pricelock in the News

    For public relation inquiries or to learn more about Pricelock, contact our Marketing Communications team by email or call our offices.

    Press
    MinusPlus

    12/12/2012

    Pricelock Expands Energy Markets Focus with Sales Leadership Hiring

    Pricelock announced today that Jeff Rosenzweig, Zach Scott and Tim Leigh have joined the Pricelock team to support the growth of Pricelock’s platform for transacting energy and energy-related products. learn more >

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    11/28/2012

    Pricelock Announces Launch of Anonymous Auctions

    The addition of anonymous auctions will increase the situations when power generators, utilities, refiners, transportation companies, investment banks, marketers and large industrial and commercial enterprises can utilize Marketplace for circulating requests and RFPs, gathering bids, holding online auctions and analyzing results. learn more >

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    10/29/2012

    Pricelock Celebrates $1 Billion in Auctions

    Pricelock announced today that it has held successful auctions for over $1 billion of energy and energy related products including natural gas, power, distillates, coal, natural gas storage and railcar leases. learn more >

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    09/27/2012

    Pricelock Continues Its Growth With the Addition of Natural Gas Storage

    Pricelock, a leader in online energy auctions, announced today the addition of natural gas storage to Pricelock Marketplace, its platform to transact energy and energy-related products. learn more >

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    07/19/2012

    New Energy Purchasing Technologies Provide Transparency to Utility Regulators

    The National Association of Regulatory Commissioners (NARUC) invites Pricelock’s Tripp Dunman to speak at its summer conference about how new technology allows the purchase of energy to be more efficient online. learn more >

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    06/28/2012

    Pricelock Adds Railcar Lease Auction Capabilities to its Award-Winning Auction Platform

    Pricelock announced today the addition of railcar leases to Marketplace, its suite of energy and energy-related product auctions, and the completion of its first railcar lease auction. learn more >

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    05/11/2012

    How Companies Reap the Benefits of the Internet for Energy Procurement

    Utilities and companies involved in the production, distribution and transmission of natural gas got the answer to a question they may often confront, when they attended Pricelock’s presentation at last week’s WEI Conference in Vancouver. learn more >

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    03/30/2012

    Platts Coal Trader Features Pricelock

    Pricelock aims to become the premier platform on which physical coal is traded in the US. CEO Naveen Agarwal believes the real-time nature of Marketplace’s coal auctions offers a better means for energy users to obtain lower prices than the current closed-bid process. learn more >

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    03/01/2012

    Pricelock Marketplace Launches First Coal Online Auction Platform

    Pricelock continues its momentum to transform the way energy is bought and sold by major companies around the world by launching the first online auction platform for coal. The platform simplifies and speeds up the complex, start-to-finish transaction process of buying and selling coal and creates an efficient and liquid market. learn more >

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    02/21/2012

    Pricelock Marketplace Launches First Mobile App for Energy Auction Platforms

    Two of the largest global industries — technology and energy — come together today as Pricelock Marketplace launches the first mobile app available for energy auction platforms. learn more >

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    02/07/2012

    Former El Paso Electric CFO Scott Wilson Joins Pricelock

    Pricelock has announced that electric utility executive Scott D. Wilson has joined its Advisory Board. Mr. Wilson, the former Chief Financial Officer of El Paso Electric Co. (NYSE:EE), will work closely with executive management and provide strategic guidance.
    learn more >

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    12/13/2011

    Pricelock and AAA Arizona Strategic Partnership

    Pricelock has announced a strategic partnership with AAA Arizona, the Arizona affiliate of AAA. Under the agreement, AAA Arizona’s business partners will gain access to Pricelock’s Marketplace and Fuel Price Protection programs. These products will enable the auto club’s business partners to meet fuel price hedging and procurement needs through customized online auctions.
    learn more >

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    12/01/2011

    Forbes Names Pricelock One of America’s Most Promising Companies

    Pricelock has been selected as one of Forbes magazine’s Most Promising Companies after a rigorous evaluation of thousands of privately-held U.S. businesses. Forbes’ list of America’s Most Promising Companies features 100 privately held up-and-comers with compelling business models, strong management teams, notable customers, strategic partners and precious investment capital.
    learn more >

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    11/14/2011

    Pricelock Launches International Capabilities on Marketplace

    Pricelock has announced new capabilities that enable global businesses to buy and sell  fuel and natural gas throughout the world in their local currencies and trading units on the Pricelock Marketplace platform. Marketplace has generated substantial savings for energy buyers and sellers in the U.S. Now companies across the globe can benefit from the easy and fast online platform.
    learn more >

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    10/25/2011

    Pricelock Wins Energy Standard of Excellence WebAward

    Pricelock has won the Web Marketing Association’s 2011 “Standard of Excellence” WebAward in the energy category. The WebAward underscores the innovative and engaging way the Pricelock site leverages technology to provide new solutions that are designed in close collaboration with its customers. Pricelock.com has established itself as a benchmark for online energy auctions and all aspects of the site are streamlined from the initial registration to the actual auction and the winning supplier awarding process.
    learn more >

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    09/22/2011

    Pricelock Expands Management Team With Key New Hire

    Pricelock, the online leader in energy solutions for U.S. businesses, announced that Keith Richardson has joined the firm as Director of Supplier Network. Leveraging over two decades of proven success in the energy industry, Richardson will be responsible for developing supplier relationships for Marketplace, Pricelock’s customized, online energy-auction platform that allows companies to conduct fast-paced, real-time auctions for natural gas and motor fuels.
    learn more >

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    09/12/2011

    Pricelock Launches Online Natural Gas and Fuel Auction Platform

    Pricelock Marketplace is the first customized, online energy-auction platform that allows companies to conduct fast-paced, real-time auctions for natural gas and motor fuels.The platform is designed to handle the specialized needs of utilities, electricity generators, government, commercial and industrial and other large buyers. These needs include large volumes, complex delivery requirements, and custom terms and conditions.
    learn more >

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    08/23/2011

    Pricelock’s Tripp Dunman provides gas price insights to San Francisco Chronicle

    Tripp Dunman, Pricelock’s Managing Director, was featured in The San Francisco Chronicle’s “Libya conflict’s end unlikely to affect gas prices” article.
    learn more >

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    08/09/2011

    AAA Arizona Partners with Pricelock to Protect Fleet from Rising Fuel Prices

    AAA Arizona, the Arizona affiliate of AAA, has recently partnered with Pricelock, the online leader in fuel hedging and fuel price protection programs for U.S. businesses, to help control fuel costs for the club’s towing services in Arizona.
    learn more >

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    08/04/2011

    Pricelock Launches Miles Ahead, Discount Gas Savings Program Helps Companies Recruit and Retain Employees

    With Pricelock’s Miles Ahead gas incentive program, businesses can increase retention and recruit from a larger geographic area by decreasing the cost of gas for their employees. Miles Ahead is an ongoing program that employers can fully monitor, configure and change at their discretion at any time.
    learn more >

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    07/22/2011

    Landscaping Businesses Implement Fuel Price Protection

    As landscaping companies across the United States seek ways to be more competitive and win more business, managing volatile fuel price risk may be the answer they need.
    learn more >

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    07/15/2011

    Volatile fuel prices are creating new opportunities – CFO Magazine

    Smaller companies have new options. For example, web-based Pricelock allows companies to put a ceiling on their gas spend at nearly any volume and price level.
    learn more >

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    07/12/2011

    Pricelock’s CEO, Naveen Agarwal, appears Automotive Digest’s Follow the Leader Spotlight

    Naveen Agarwal explains that Pricelock is a different kind of energy company — one that seeks to empower individuals and businesses to control and minimize their fuel and energy costs. In fact, their aim is to be the leader in the online energy space.
    learn more >

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    07/07/2011

    How to Leverage Fuel Price Protection Plans

    Historically, most construction firms could not hedge their fuel costs due to small fuel budgets or no in-house expertise to participate in the fuel commodities market. However, recent technological advances and new services have leveled the playing field for construction fleets of all sizes.
    learn more >

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    07/06/2011

    What are some of the fuel budgeting strategies that really work for fleets?

    Fuel price protection is not designed to be a savings tool. It is designed to give budget predictability. The best case scenario for businesses is that fuel prices remain low. If they don’t, you get predictability knowing that your cost will never exceed a specified price per gallon. If prices do exceed that, Pricelock sends you a monthly payout for the difference.
    learn more >

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    06/27/2011

    Drivers Catch a Break as Gasoline Prices Fall

    Naveen Agarwal, who helps small businesses and car companies manage fuel costs as CEO of Pricelock, in Redwood City, Calif, said he expects drivers will travel farther distances this summer than originally planned. And they’ll spend as they go.
    learn more >

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    05/25/2011

    Pricelock to Offer Fuel Price Protection to Assurex Global Partners

    Pricelock has formed an alliance with Assurex Global, the world’s largest network of independent insurance brokers,
    to offer Pricelock’s innovative fuel price protection program to their clients.
    learn more >

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    05/19/2011

    Pricelock Names Naveen Agarwal as Chief Executive Officer

    Agarwal will be leading the expansion of Pricelock’s innovative platform, which empowers small and medium-sized business to take control of their fuel costs in ways previously available only to America’s largest companies. Additionally, he is spearheading the development of new opportunities in the energy space. learn more >

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    04/21/2011

    Builders, Landscapers Use Pricelock to Hedge Fuel Like Southwest

    Today Pricelock is trying to parlay its promotions with automakers into a broader business selling price protection to small and midsize companies that don’t buy enough fuel to hedge on their own. learn more >

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    04/14/2011

    GasBuddy Teams Up with Pricelock to Add Fuel-Price Protection Option for Businesses

    GasBuddy has expanded its site to include Pricelock’s Fuel Price Protection and links to its easy-to-use interactive tools that help businesses understand how to manage the impact of rising gas prices on their business. learn more >

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    04/07/2011

    PHH Arval Partners with Pricelock to Provide Fuel Price Protection to Clients

    PHH Arval has announced a strategic partnership with Pricelock Inc., the leading online provider of fuel-price hedging solutions, to provide fuel price protection to its clients. Effective immediately, PHH Arval can help fleet managers protect their organizations against unpredictable fuel prices and ensure budget predictability. learn more >

    MinusPlus

    04/01/2011

    Pricelock finds a connection between gas prices and NCAA results

    The relationship between gas prices and NCAA champs may provide you with a reason to cheer. Pricelock finds there’s a statistical correlation between NCAA winners and fuel prices. learn more >

    MinusPlus

    03/31/2011

    Fuel hedging still not mainstream in Arkansas

    Few companies, including those in Arkansas, are taking the step to hedge fuel prices to cap rising gasoline and diesel prices, according to an annual survey conducted by Automotive Fleet and Pricelock. Redwood, Calif.-based Pricelock has merited Wall Street’s attention by coming up with an unique online hedging program for small and medium-sized businesses that takes much of the speculative nature out of capping fuel prices. learn more >

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    03/29/2011

    Pricelock Is “One of the Hottest Silicon Valley Companies”

    Pricelock, Inc. was selected by Lead411 as one of the hottest Silicon Valley Companies in 2011. Lead411 evaluated more than 4,000 companies to establish the list. Pricelock joins other Silicon Valley companies such as Facebook, eMeter, Inc. and Trilliant Incorporated. learn more >

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    03/26/2011

    Pricelock Lets Small Firms Hedge Fuel Costs

    Small businesses hurt by rising fuel prices can follow a risk-management strategy once available only to large companies. Pricelock offers fuel price protection. It is able to offer the strategy by grouping small businesses, cutting costs — it is done entirely online — and working with investment banks. learn more >

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    03/15/2011

    Pricelock Fuels Business with $12 Million in Series B Financing

    Pricelock announced it has received $12+ million in Series B financing from strategic and venture investors. In this round, Pricelock, whose investors already include Goldman Sachs and Artiman Ventures, received new investments from Barclays, RenaissanceRe Ventures, Ltd., a subsidiary of RenaissanceRe Holdings Ltd., and Travelers Insurance. Artiman Ventures participated in this round as well. learn more >

    MinusPlus

    03/08/2011

    2011 Pricelock Fuel Price Survey reveals that businesses are more concerned about fuel prices than in previous years

    Pricelock’s survey finds that rises in diesel and gasoline prices impacts earnings and operations for U.S. business fleets. Concerns rise as most businesses absorb fuel price increases and suffer earnings impact. learn more >

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    02/11/2011

    San Francisco Business Times features Robert Fell, Pricelock founder

    Robert Fell, the founder and CEO of Pricelock, shares his thoughts about business, work and the big picture as the subject of the SF Business Times Entrepreneur Profile.

    MinusPlus

    01/05/2011

    Lock In Gas or Diesel Prices with Pricelock

    Big businesses protect themselves against spikes in fuel prices by buying delivery contracts well in advance of when they need the gas. Now, small companies can play the same fleet fuel management game through Pricelock, an online service that pays if the pump price goes over a target you set. learn more >

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    12/06/2010

    Pricelock Receives 2010 Platts Global Energy Award of Excellence

    Pricelock, Inc. has been honored with the Platts Global Energy Award of Excellence in the Rising Star category as recognition of their innovative fuel price protection program. learn more >

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    10/08/2010

    Take Control of Fuel Budgets in Construction Executive Magazine

    An article authored by Pricelock’s Tripp Dunman discusses the risks construction companies face from unpredictable fuel prices. Construction companies of all sizes can now use fuel price protection to control their budget and ensure that fuel price increases don’t impact project profitability. learn more >

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    10/05/2010

    Pricelock is Named a 2010 Platts Global Energy Awards Finalist

    Platts Global Energy Awards, an annual award program widely recognized as the “Oscars” of the energy industry, names Pricelock a finalist for the Rising Star Award. learn more >

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    09/15/2010

    Pricelock CEO & Founder Named 2010 Risk Innovator and Responsibility Leader by Risk & Insurance Magazine

    Robert Fell was selected among a field of distinguished business leaders for developing Pricelock’s innovative fuel price protection, designed to help businesses who may not have large fuel volumes or commodities expertise reliably mitigate fuel price risk. learn more >

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    08/01/2010

    Fleet Owner Magazine: Managing Fuel

    Fleet Owner discusses tools and strategies, including fuel price protection, that savvy fleets are tapping into to gain a competitive advantage and fortify their defenses in the event of future hard times. learn more >

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    07/20/2010

    Pricelock is Invited to Share Our Story on Radio Stations Throughout the US

    Pricelock discussed gas prices, their impact on small businesses and the benefits of fuel price protection in over 20 interviews with both local and national radio outlets, including the Wall Street Journal Radio. learn more >

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    07/05/2010

    How Fleet Owners Are Learning to Keep Volatile Fuel Prices Under Control

    The Pittsburgh Chapter of the NAFA Fleet Management Association recently invited Pricelock to present on the topic of managing the volatile fuel costs. learn more >

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    06/23/2010

    ARI Partners With Pricelock For Fuel Management

    Automotive Resources International, which provides fleet solutions, has joined forces with Pricelock Inc. to create a fuel management solution for ARI customers. learn more >

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    06/20/2010

    Pricelock Announces New Fuel Price Protection Program to Protect Businesses from Fuel Price Volatility

    Pricelock announced the general availability of Fuel Price Protection, the first online solution that brings the powerful cost savings of fuel hedging to companies of all sizes. learn more >

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    06/02/2010

    Pricelock Is Invited to Participate in AFLA’s June Webinar Series

    Pricelock presents “Fuel Trends and How They Impact Your Operation” as part of Automotive Fleet & Leasing Association’s Webinar Series to over 300 of its member companies. view webinar >

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    05/24/2010

    Fleet Financials: Is fuel hedging right for your fleet?

    Grace Suizo writes in Fleet Financials about the process of deciding whether a fuel hedging strategy makes sense for your fleet. learn more >

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    05/19/2010

    Pricelock’s Employee Fuel Benefit Helps Aegis Recruit and Retain Call Center Agents

    Pricelock has been working closely with Aegis to roll out the Pricelock employee commuter benefit in multiple Aegis locations. learn more >

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    05/02/2010

    Program tries to combat rising fuel costs (Inside Business, The Hampton Roads Business Journal)

    In time for the usual summer hikes in gas prices, local chambers of commerce have signed on to a program that could help businesses protect themselves against fluctuating fuel costs. learn more >

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    04/24/2010

    Pricelock and ARI Partner to Provide Fuel Price Management to U.S. Fleets

    Pricelock and Automotive Resources International, a global fleet solutions provider specializing in complex car and truck fleets, are pleased to announce a strategic partnership… learn more >

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    04/12/2010

    Cross Country Automotive Services offers Pricelock Fuel Price Protection

    Cross Country Automotive Services to offer Pricelock Fuel Price Protection to its network of towing and road service network providers… learn more >

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    03/25/2010

    Pricelock announces Partnership with Birmingham Futures

    Pricelock partners with Birmingham Futures, Inc., a leading steel procurement advisor, to help their clients manage and optimize their fuel spend. learn more >

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    03/17/2010

    Pricelock and Tradition Energy Team Up to Provide Fuel Price Management to Large US Companies

    Pricelock, Inc. and Tradition Energy, one of the world’s largest full service energy procurement advisors, have joined forces to help Tradition’s clients manage and optimize their fuel spend. learn more >

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    03/11/2010

    Pricelock and The Visibility Group Partner to Provide Fuel Risk Management Solutions to Shippers and Carriers

    Pricelock, Inc.and The Visibility Group, a leading transportation logistics advisor, have joined forces to enable The Visibility Group’s shipper and carrier clients protect against direct and indirect fuel price volatility. learn more >

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    03/10/2010

    Pricelock and ChamberSolutions Partner to Provide Fuel Price Management Programs for Chamber of Commerce Businesses

    Pricelock and ChamberSolutions have joined forces to offer fuel price protection to Chambers of Commerce and employee commuter benefit to their member businesses. learn more >

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    02/25/2010

    Pricelock provides fuel budget security (Business Fleet Article)

    Analysts for the Association for the Study of Peak Oil & Gas-USA predicted that gas could reach $4 per gallon in 2010. Pricelock provides an online service for fuel price protection… learn more >

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    02/21/2010

    Pricelock CEO Bob Fell joins panel at Stanford University Annual Entrepreneur Conference

    Stanford University has invited Pricelock CEO Bob Fell to join their panel “Idea Evaluation” during their Annual Entrepreneur Conference to be held February 26, 2010. learn more >

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    01/24/2010

    Inaugural Pricelock Fuel Pricing Survey Reveals Concerns About Rising Prices

    Pricelock announced today results of the first Annual Pricelock Fuel Pricing Survey. The survey revealed that over 90 percent of respondents believe fuel prices will rise. learn more >

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    09/09/2009

    Pricelock Price Protection Assistant Wins IMA Award

    Interactive Media has awarded its Outstanding Achievement Award to Pricelock’s Online Price Protection Assistant. The tool helps businesses model and purchase fuel price protection. learn more >

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    08/31/2009

    Hyundai Announces All-Time Record Sales for August 2009

    Hyundai Motors America credits its partnership with Pricelock and the Assurance Gas Lock program as one of the key factors in its record-breaking new car sales in August. learn more >

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    08/06/2009

    Pricelock CEO and Founder Robert Fell Discusses Green Fleets

    Pricelock combines technology and commodities expertise to offer Carbonlock, a unique, pateneted green fleet program that allows fleets and businesses to become carbon neutral. learn more >

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    06/29/2009

    Hyundai Tackles High and Uncertain Fuel Prices With Assurance Gas

    With Assurance Gas Lock, powered by Pricelock, and one of the most fuel-efficient lineups in the industry, Hyundai welcomes owners trading out of older gas-guzzlers. learn more >

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    06/29/2009

    Pricelock Partners With Hyundai to Lock in Low Fuel Prices

    Pricelock announced today it is partnering with Hyundai Motor America to implement a new program that will lock in the price of fuel at $1.49/gallon for one year for purchasers of select new car models. The deal, which is expected to drive dealership traffic and increase new car sales, highlights Pricelock’s evolution as the premier e-commerce fuel-price management company in the U.S. learn more >

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    06/29/2009

    Hyundai Offers a $1.49 Price Lock on Gas

    Hyundai, in partnership with Pricelock, will offer consumers $1.49/gallon on fuel purchases with the purchase of a qualifying Hyundai vehicle this summer. The gas giveaway comes on top of other offers that have helped Hyundai boost its share of the U.S. auto market from 2.9% to 4.2% so far this year. learn more >

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    06/29/2009

    The Company Behind the Hyundai Gas Offer

    BusinessWeek’s Rebecca Reisner recently spoke with Pricelock CEO Robert Fell to discuss the particulars of the Hyundai program for consumers as well as for Pricelock. learn more >

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    04/26/2009

    Pricelock and Wright Express Team Up to Expand Fuel Price Risk Management Program Options for Fleets

    The new partnership enables Pricelock and Wright Express to provide fleet customers with the option to purchase fuel at a certain fixed daily price for a fixed volume, and to effectively manage those purchases. Covering fleets of all sizes and levels of fuel consumption, this unique suite of products delivers budget control and price protection options to businesses by offering simple ways to manage the cost of fuel. learn more >

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    04/22/2009

    Pricelock Announces Senior Management Team and New Headquarters

    Pricelock, Inc. announced today that it has hired five executives to fill out its senior management team at its new headquarters in Redwood City, CA. learn more >

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    04/22/2009

    Regan Hutton Joins Pricelock Advisory Board

    Pricelock, Inc. announced today that Regan Hutton, former SVP at U.S. Bancorp, has joined its Advisory Board. learn more >

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    04/13/2009

    Chief Executive Magazine: Pumping Protection

    Chief Executive Magazine interviews Bob Fell about the reasons behind Pricelock and the companies successes over the past two years since inception. learn more >

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    02/08/2009

    E*TRADE's Naveen Agarwal Joins Pricelock as COO, Company Moves HQ from Houston to Silicon Valley

    Pricelock, Inc. announced today that Naveen Agarwal, former President of E*TRADE Capital Management, has joined the company as Chief Operating Officer. learn more >

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    05/18/2008

    Chrysler Lures Buyers With Fuel Incentive; Program Extended

    Pricelock, Inc. announced that Chrysler has extended the “Let's Refuel America” program by a month to July 7. learn more >

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    05/04/2008

    Chrysler announces a historic incentive, powered by Pricelock, to deliver $2.99 Gas Guarantee for Chrysler Consumers

    Chrysler announced the launch of the “Let's Refuel America” incentive powered by Pricelock, which offers three-year price protection from volatile gas prices, available exclusively at Chrysler, Jeep® and Dodge® dealerships. learn more >

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