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INRIX® Fuel Prices
The price of fuel has become a significant cost for commuters and businesses in the United States. The American Trucking Association estimates that trucking industry fuel costs will surpass $100 billion in 2006 – a nearly 50% increase in the last three years. Meanwhile, the average two-driver household now spends more than $4,000 on gas annually, compared to just $2600 last year.
With the major impact of fuel costs and the unpredictable diversity of prices for fuel in particular regions, it’s increasingly useful to be able to locate the most inexpensive fuel available on a particular route.
INRIX Fuel Prices provides detailed information about service stations, including fuel price information by gasoline type, updated hourly for 100,000 stations across the United States. Combined with INRIX’s other services, Fuel Prices can save customers time and money by finding the nearest and most cost-effective service station, anywhere in the country.
The service easily integrates with navigation and local search solutions to provide end users with:
- Enhanced point of interest (POI) data for service stations, such as the location, brand and phone number for 140,000 stations around the United States
- Fuel price data by station, updated hourly, on all major grades of gasoline and diesel for 100,000 stations around the United States.
With this service, INRIX customers can build applications and services that help end users identify the ideal service station based on location, brand, type, distance, price and gas mileage. Combined with INRIX’s Real Time and Predictive traffic, they can determine the optimal location along their route to re-fuel.
INRIX Fuel Prices is ideal for portable navigation device manufacturers, who can enable dynamic routing that leverages the most affordable gas at a specific grade in the area. Local search solution providers can display only gas stations of a specific brand or with certain product offerings on their maps – such as stations that carry diesel fuel. Fleet management service providers can enable their customers to schedule the most efficient fuel station stops along a specific long-haul route.
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