How to Save Money at the Gas Pump?
On February 16, 2025 By newsroom Topic: Automotive
1. Understand Gas Price Trends:
- National average for regular gas: $3.27 per gallon (February 2024).
- Prices vary significantly by state and region:
- Highest in California ($4.64/gallon).
- Lowest in Mississippi ($2.86/gallon).
- Prices can differ greatly within the same city, so choosing the right station matters.
2. Smart Ways to Save on Gas:
Use Apps and Websites:
- Apps like GasBuddy, AAA, Gas Guru, Google Maps, and Waze help find the cheapest gas nearby.
- Some apps provide reviews and amenities like restrooms or car washes.
Choose Off-Highway Stations:
- Stations away from major highways often have lower prices.
Compare State Prices When Traveling:
- Example: Gas in Ohio is cheaper than in Pennsylvania ($3.21 vs. $3.53).
- Check regional price differences when planning road trips.
Pay Strategically:
- Cash vs. Credit:
- Cash payments often get a discount (10-15 cents/gallon).
- Some debit transactions also count as cash—use your PIN at the pump.
- Cash-Back Credit Cards:
- Rewards cards often provide better savings than gas company credit cards.
- Example: Bank of America Customized Cash Rewards offers up to $200 bonuses, while gas cards like ExxonMobil Smart Card give smaller discounts (e.g., 6 cents per gallon).
3. Fuel-Efficient Driving Tips:
Slow Down:
- Reduce speed to 65 mph on highways to improve fuel economy by up to 20%.
- Avoid rapid acceleration in city driving.
Check Tire Pressure:
- Keep tires inflated to the recommended PSI (found inside the driver’s door). This increases efficiency and reduces wear.
Reduce Unnecessary Trips:
- Combine errands to minimize driving.
- Walk, bike, or use public transportation when possible.
4. Avoid Common Costly Mistakes:
Don’t Buy Premium Fuel Unnecessarily:
- Only use premium if required by your vehicle.
- Cost difference: Premium averages 78 cents more per gallon than regular, adding up to $11.70 more per 15-gallon fill-up.
Top-Tier Gasoline:
- Prioritize stations offering Top-Tier Detergent Gasoline, which is better for your car.
Pro Tip:
Combine the use of apps, strategic payment methods, and driving habits to maximize savings. A little planning goes a long way in cutting fuel costs!
