Chrysler promotion locks in gas prices

AUBURN HILLS, Mich., May 6 (UPI) -- Chrysler announced it would provide cards that lock in gas prices at $2.99 a gallon for three years for most of its car buyers through June 2.

The company announced the "Let's Refuel America" promotion would provide most U.S. Chrysler, Jeep and Dodge buyers with enough gas purchases at the $2.99 price to cover 12,000 miles of driving a year, based on the car's federal miles-per-gallon rating.

Chrysler President Jim Press called the promotion, "an unprecedented program to help put customers' minds at ease and do something to help working people who are worried about the volatility of fuel prices."

The card, which consumers would swipe like a credit card at the gas pump, would be available for purchases of 87 octane regular, E85 fuel or diesel fuel, the company said.