Patent ID: 11915259
Assignee: GASMART, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A system for selling motor fuel to a commercial consumer for pick-up from one or more virtual storage locations, comprising:
a computerized network configured to facilitate motor fuel transactions amongst participating motor fuel merchants, wherein the network is further configured to provide one or more offers to sell a motor fuel at a specified future price for pick-up at the one or more virtual storage locations during a specified period of time;
wherein the participating motor fuel merchants comprise a plurality of distributor merchants and a plurality of contingent supplier merchants, and wherein each of the offers is made by a distributor merchant and is contingent upon the pricing and quantities offered by one or more of the contingent supplier merchants; and
wherein the motor fuel transactions comprises sales contracts, and wherein the network simultaneously executes all sales contracts between the distributor merchant and the one or more contingent supplier merchants when the commercial consumer purchases the quantity of motor fuel from the retail merchant offer.