Budgeting & Savings

Cap Those Gas Prices: How To Save Money At The Gas Pump

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With the current trends of geopolitical unrest and increasing gas prices, it’s important to take control of your wallet. Oil prices are no one’s friend, and it seems that the only thing that fluctuates more than the price at the pump is how much we’re paying for a gallon. It’s essential to learn how to do all you can to control the price of gas that goes into your vehicle.

The price of gasoline is determined by many factors, including the cost of crude oil, refinery capacity, distribution costs, and taxes. So while we can’t directly control any of these factors, we can do quite a bit in controlling how much money goes into our wallets. Take control of your wallet and learn how to save money on gas prices with these helpful tips!

Fuel up before a spike –

Since gas prices are on the rise, it’s essential to ensure you don’t run out of gas when the next spike happens. It’s easiest to do this by keeping a good eye on how much fuel you have in your vehicle every time you fill up. If you’re unsure how much gas is in your tank, check the odometer or ask yourself about the last time you had to fill up at a gas station. You may also want to consider keeping a copy of your vehicle owner’s manual in the glove compartment for easy reference. A good idea before all else is to make sure you have enough fuel before a spike occurs!

Buy from a retailer with a lower price –

Just as a spike in oil prices can cause a sudden increase in gas prices, a decrease in oil prices can cause sudden decreases in gas prices. Since fluctuations occur so quickly, it’s important to immediately take advantage of the changes so you can save money on gas. To do this, look for retailers where the price of gas is below the national average. Since it’s best to buy right before these changes occur, keep an eye on the price at your local station and visit retail outlets that are priced below average or online suppliers that offer fuel at lower-than-expected costs.

Plan ahead for your next gas purchase –

If it seems as though the gas price is going up, wait a few days before purchasing your next tank of fuel. By doing so, you’ll be able to gauge the market and know whether or not a spike is imminent. Of course, this does not apply if the price of gas has just decreased. In that case, be sure to fill it up as soon as possible!

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Avoid long car trips if possible –

Since gas prices are so volatile, it’s best to avoid long holiday travel if at all possible. They can be quite high during the summer months, this is especially true so you can save money on your long trips home. To avoid these high gas prices, try taking a bus or train instead of driving.

Invest in your car –

If you’re willing to pay more for a brand new car, it may be worthwhile to consider purchasing an Energy Star certified vehicle to help lower the cost of gas in the long run. Of course, this should only be done if you truly believe that your car can use this technology without disappointing results.

Do not use the air conditioner constantly –

There is no doubt it is hot in the summer and the convenience of air conditioning is a widely utilized component of a vehicle. Although the system will keep the passengers cool, it makes the motor of the vehicle work harder and uses more gasoline to perform properly. Only use the air conditioning on occasion and use the recirculation air option if available.

Properly inflate the tires –

Having the tires on the vehicle inflated to the proper PSI will save on gas mileage. Owners should refer to their owner’s manual for the proper amount of pounds per square inch of air which should be in each of the tires. Inflate or deflate the tires accordingly to assure the best mileage and gasoline savings available.

Use more direct routes –

Cutting outback roads and streets with a lot of stop signs will save the traveler a lot of money on gas. It takes more energy for a vehicle to start out from a stop than to yield or drive a straight line. Find the most direct and continuous path from point A to point B, and follow it strictly. Plan routes to accommodate the inclusion of other necessary stops, tasks, or errands. Use free apps such as Waze to help you find the shortest route.

Find some coupons and deals –

The use of and giving of coupons has become more and more popular among shoppers and manufacturers. There are retail stores that offer incentives to their shoppers for cash off of the price of a gallon of gas when they buy certain specially marked products in their stores. Consumers are then able to take these printed receipt coupons to the gas station for money off of their fill-up. Some stations even offer this savings automatically at the pump using a member’s identification card. Consumers can also save money on gas by buying specially marked products at participating grocers and earning money off of gasoline at the pump.

Conclusion –

Remember that you’re in control of your wallet when it comes to controlling how much money you’re spending at the gas pump! Although there is still some uncertainty about this issue, it’s best to prepare for long periods of high gas prices and sudden spikes. By taking control of our wallets, we can save money on our everyday expenses like gas. So make sure to learn all you can on how to save money at the pump!

Author: Lauralynn Mangis
Lauralynn is the Online Marketing Specialist for AdvantageCCS. She is married and has two young daughters. She enjoys writing, reading, hiking, cooking, video games, sewing, and gardening. Lauralynn has a degree in Multimedia Technologies from Pittsburgh Technical College.