DENVER – Going once, going twice…sold! A gasoline auction site, Rexoco.com, allows drivers to bid online for gas at about 20 gasoline stations in the Denver metro area.

According to a press release, Rexoco.com, which launched in 2012, “is changing the way Colorado drivers buy gasoline.”

Paul James, founder of Rexoco, states: “Rexoco.com provides a one of a kind auction marketplace where people have more control on the price they pay for gasoline than at any time in history!”

Site users have the option to bid on gasoline prices as well as Conoco and Shell gas cards. Auction participants are required to purchase bid credit opportunities online to win one of these auctions.