Gary Allen Magnuson, 653632 Ocean Dr, Corpus Christi, TX 78411

8019694, Sep 13, 2011

Feb 12, 2008

12/030086

Robert M. Fell - Summerland CA, US
Scott Painter - Bel Air CA, US
Michael R. Bonsignore - Seattle WA, US
Brian P. Reed - Southlake TX, US
Gary A. Magnuson - Corpus Christi TX, US
Thomas D. Gros - Houston TX, US

Pricelock, Inc. - Irving TX

G06F 17/00

705400

Embodiments disclosed herein provide a new way to generate estimated forward retail prices for a retail commodity within a geographic boundary that represents a target market. Using estimates for local retail prices, combined with knowledge of current and historical wholesale prices, embodiments disclosed herein enable the creation of a forward estimate of retail prices on fuels for a specific location, time period, and fuel grade. In some embodiment, the process of creating a forward estimate of retail prices on fuels comprises performing a predictive modeling utilizing wholesale gasoline prices, rack markup, retail markup, and taxes on a location, time period, and fuel grade basis. In some cases, the estimated forward retail prices thus generated can be used in a pricing model for price protection services for that retail commodity in that target market.

8065218, Nov 22, 2011

Mar 31, 2011

13/076567

Robert M. Fell - Summerland CA, US
Scott Painter - Bel Air CA, US
Brian P. Reed - Southlake TX, US
Michael R. Bonsignore - Seattle WA, US
Gary A. Magnuson - Corpus Christi TX, US

Pricelock, Inc. - Austin TX

G06Q 40/00

705 36R, 705 35, 705 37

Systems and methods for providing an insurance premium in association with an insurance strike price for a commodity are disclosed. By paying the insurance premium a consumer may obtain price protection for a commodity purchase. In particular, in one embodiment a consumer may obtain the right to be reimbursed for any amount paid over the insurance strike price for the commodity.

8086517, Dec 27, 2011

Mar 31, 2011

13/076741

Robert M. Fell - Summerland CA, US
Scott Painter - Bel Air CA, US
Michael R. Bonsignore - Seattle WA, US
Brian P. Reed - Southlake TX, US
Gary A. Magnuson - Corpus Christi TX, US

Pricelock, Inc. - Irving TX

G06Q 40/00

705 36R, 705 35, 705 37

Embodiments disclosed herein provide price protection on commodity purchases in which a consumer can select, accept, or otherwise agree to a depletion constraint on the consumption of the commodity thus purchased. Based on the agreed depletion constraint, a provider may adjust terms and/or the price of the price protection. In some embodiments, the depletion constraint can be time-based, quantity-based, value-based, or a combination thereof. In some embodiments, the depletion constraint can be linear. In some embodiments, a consumer may be required to purchase a certain amount of the commodity during a specified time frame. In some embodiments, the provider of the price protection may receive a payment from the consumer when the retail price of the commodity at the time of the purchase is below a specified floor price. In some embodiments, the commodity is motor fuel.

8156022, Apr 10, 2012

Feb 12, 2007

11/705571

Robert M. Fell - Summerland CA, US
Scott Painter - Bel Air CA, US
Michael R. Bonsignore - Seattle WA, US
Brian P. Reed - Southlake TX, US
Gary A. Magnuson - Corpus Christi TX, US

Pricelock, Inc. - Irving TX

G06Q 40/00

705 35, 705 1, 705 4, 705 7, 705 10, 705 28, 705 36, 705 37, 705 38, 705 40, 702 23

Systems and methods for the provisioning of price protection contracts which provide price protection against adverse fluctuations in the retail price of a commodity to a consumer are disclosed. While these price protection contracts may pertain to almost any type of commodity, certain embodiments of the present invention may provide systems and method for allowing a consumer to obtain price protection on the purchase of fuel. Specifically, embodiments of the present invention may provide the ability for fleet managers to obtain a price protection contract for the purchase of fuel where the price protection contract specifies at least one lock price, quantity, locale and time period such that the price protection contract may guarantee the right to aggregately purchase the quantity of fuel in the locale at the lock price during the time period.

8160952, Apr 17, 2012

Feb 12, 2009

12/370430

Robert M. Fell - Summerland CA, US
Gary A. Magnuson - Corpus Christi TX, US
Hal Connor Elrod - Houston TX, US
Bradley Michael Weill - Austin TX, US
Thomas D. Gros - Houston TX, US

Pricelock, Inc. - Redwood City CA

G06Q 40/00
G06Q 30/00

705 37, 705 35, 705 4, 705 261

Systems and methods described herein pertain to providing price protection programs related to the purchase of a commodity to a consumer. Embodiments of such a program may provide price protection related to the purchase of a commodity to the consumer so that when a consumer purchases the commodity, the price the consumer pays for the commodity may be determined under the provided program. Embodiments of these programs may be quite useful in incentivizing consumers in certain ways, including to seek or obtain employment from a particular employer.

8538795, Sep 17, 2013

Feb 12, 2008

12/030119

Robert M. Fell - Summerland CA, US
Scott Painter - Bel Air CA, US
Michael R. Bonsignore - Seattle WA, US
Brian P. Reed - Southlake TX, US
Gary A. Magnuson - Corpus Christi TX, US

Pricelock, Inc. - Redwood City CA

G06Q 30/00

705 735

Disclosed are a method and system for determining a retail price for a commodity within a geographic boundary. Retail prices for the commodity may be obtained from various sources, such as observers, third-party reporting, transactional data, and self-reporting. The retail price for each source may be analyzed to determine a risk factor. The retail prices from all sources associated with a location may be compared to determine a composite retail price for the location. The retail prices for all the locations within the geographic boundary may be analyzed to generate an aggregate composite price for the commodity within the geographic boundary. The analysis may include using a weighted formula. The analysis may include a volume proxy.

2008030, Dec 11, 2008

Apr 8, 2008

12/099209

Robert M. Fell - Summerland CA, US
Scott Painter - Bel Air CA, US
Michael R. Bonsignore - Seattle WA, US
Brian P. Reed - Southlake TX, US
Gary A. Magnuson - Corpus Christi TX, US

Pricelock, Inc. - Irving TX

G06Q 40/00

705 4, 705 35

A provider of price protection products may enter into an agreement with a set of terms and associated financial risk with a financial institution such that the financial institution provides indemnification against the financial risk associated with selling a commodity. The provider may analyze data, the terms of the agreement and perform scenario analyses to determine its financial risk and may lay off or take on more risk. The provider may offer price protection products to consumers via computing devices and retail locations. The products may have the same terms as the agreement between the provider and the financial institution, or may have different terms and conditions to either take on or lay off risk.

2008030, Dec 11, 2008

Apr 8, 2008

12/099224

Robert M. Fell - Summerland CA, US
Scott Painter - Bel Air CA, US
Brian P. Reed - Southlake TX, US
Michael R. Bonsignore - Seattle WA, US
Gary A. Magnuson - Corpus Christi TX, US

Pricelock, Inc. - Irving TX

G06Q 40/00

705 4

Systems and methods for providing an insurance premium in association with an insurance strike price for a commodity are disclosed. By paying the insurance premium a consumer may obtain price protection for a commodity purchase. In particular, in one embodiment a consumer may obtain the right to be reimbursed for any amount paid over the insurance strike price for the commodity.