GasBuddy jumps to No.1 on Apple, overtakes crypto-focused Coinbase App, as gasoline prices hit $3 for first time in 6 1/2 years

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Are you furiously checking gas prices? You're not alone:

An earlier version of this article incorrectly referenced the owner of GasBuddy. Professional Datasolutions, Inc., bought the mobile App used by drivers to find and share real-time fuel prices in late April.

The app for GasBuddy, which bargain-hunters typically use to find gas stations with the cheapest prices, was overtaking buzzy crypto-exchange Coinbase Global COIN, -6.40% as the most downloaded app on Apple’s AAPL, -2.49% platform in the U.S. GasBuddy was founded in 2000 as a website to track fuel prices. It had been owned by United Communications Group, a Maryland-based private holding company, but was sold to Professional Datasolutions, Inc. in late April.

Patrick De Haan, head of petroleum analysis at GasBuddy, told MarketWatch’s Myra P. Saefong that the cyberattack on the Colonial Pipeline “accelerated” gas demand, which has ratcheted higher as many states reopen from lockdown protocols in place during the COVID-19 pandemic.

 

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