The Exchange management team consists of oil industry veterans with over 150 years experience, including six former executives from the OPIS Energy Group and a former Williams Energy executive. The Exchange is funded by UCG B2B Ventures, one of America's largest business information companies. The Exchange is open to everyone involved in buying and selling commercial petroleum products in the United States. Each time your company needs to buy or sell product, your request is simultaneously relayed to all Exchange members you have specified. The Exchange eliminates excessive time and effort spent on faxes and phone calls.
Communication is instant across state lines and time zones.
Faster transactions result in cost savings, reduced paperwork and better inventory controls. It allows users to efficiently access markets and customers that previously could not be serviced because of cost considerations or lack of awareness. The Exchange also provides complete price discovery for participants and significantly reduces transaction costs by aggregating invoices and payment. There is no fee to become a member. Simply fill out the membership application .