How to Save Money on Gas

Gas prices are skyrocketing due to ongoing conflicts between Israel, the United States, and Iran, causing drivers to seek ways to save money at the pump. With shipping traffic disrupted at the critical Strait of Hormuz, where 20% of global oil typically passes through, gas prices are on the rise, surpassing $4 per gallon on the West Coast and continuing to climb nationwide.

To help combat the increasing costs of fuel, here are 14 strategies to consider for saving money on gas:

1. Pay with cash instead of a card: Opt for cash payments at gas stations to take advantage of lower cash-only prices, which can be 5 to 10 cents per gallon cheaper than credit card prices. Debit purchases may also incur transaction fees, so it’s best to confirm with the gas station attendant.
2. Use a gas rewards card: Consider using a credit card that offers cash back on gas purchases, such as the Citi Custom Cash Card or branded cards from wholesale clubs like Costco or Sam’s Club, which provide 5% cash back on gas.
3. Join a grocery store rewards program: Many grocery stores offer gas discounts through their rewards programs, providing savings of 10 cents or more per gallon when you spend a certain amount at the store.
4. Use gas station rewards programs: Major gas brands like BP, Exxon Mobil, Shell, Walmart+, and Upside offer loyalty programs with various savings options per gallon, depending on your spending and status level.
5. Fill up on the cheapest day of the week: According to GasBuddy, Sunday is generally the cheapest day for gas prices, while Wednesday through Friday tend to be more expensive. Monitoring price trends in your area can help you determine the best day to fill up.
6. Compare gas prices with an app: Utilize gas comparison apps like GasBuddy or navigation apps like Google Maps and Waze to find the cheapest gas prices in your vicinity without driving around.
7. Drive patiently: Practicing safe driving habits like abiding by speed limits, accelerating slowly, and coasting can improve fuel efficiency by up to 40%, resulting in significant savings at the pump.
8. Spend less time idling: Idling can waste fuel, so consider turning off your engine if you anticipate a lengthy wait to conserve gas and reduce emissions.
9. Plan out your routes: Efficient trip planning, combining errands, carpooling, and driving during non-rush hour times can significantly reduce fuel consumption and save on gas expenses.
10. Know when to use cruise control: Utilize cruise control on long highway drives to maintain a consistent speed and improve fuel efficiency, but avoid using it in stop-and-go traffic situations.
11. Reduce AC use: Minimize AC usage in hot weather to improve fuel economy, as air conditioning can reduce efficiency by 25%. Optimize temperature settings and parking locations to reduce the need for excessive cooling.
12. Remove excess weight: Lighten your vehicle by removing unnecessary items and storage racks to improve fuel efficiency, as excess weight can increase gas consumption.
13. Check your tires routinely: Properly inflated tires can enhance fuel economy, as underinflated tires can decrease mileage by 0.2% for every 1 PSI of pressure below the recommended level.
14. Keep your engine in good shape: Regular maintenance and using the correct motor oil grade can optimize engine performance, improve fuel efficiency, and prolong the lifespan of your vehicle.

    By implementing these gas-saving strategies and staying informed about gas price trends, drivers can effectively manage their fuel expenses and mitigate the impact of rising gas prices. Remember that in addition to finding the cheapest gas, adopting efficient driving habits and maintaining your vehicle are crucial factors in reducing fuel costs.