This document discusses fuel price protection programs that allow customers to lock in or cap retail fuel prices. Such programs can achieve multiple objectives for retailers, including higher fuel margins and sales volumes. There are several tools available to implement these programs in small or large scale, independently. The key objectives of these programs are higher fuel margins to reduce risk, higher fuel and store sales, competitive advantage, and improved customer loyalty and company image. The core formula used to set price locks and caps takes the targeted fuel gross margin, adds futures prices and costs, and sets the maximum retail price.