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Posted on July 6, 2022 at 9:56 AM by Danielle BrownWolf

How to deal with rising gas prices this summer

According to AAA, the average price of gas is just over $3 per gallon. That’s up from an average of $1.9 per gallon at the same time last year. With summer travel ramping up, the demand for gas is only increasing. What does all of this mean? It’s time to plan for soaring gas prices during your summer excursions. Here’s how to do that.

Use Tech

One of the easiest ways to find cheap gas is to use an app. There are many gas apps to choose from, like Gas Buddy or Gas Guru. These apps will show you where the cheapest gas is located and other helpful tips, like stations that are completely out of fuel.

Shop Around

This might seem obvious, but don’t go to the first gas station you see. Roll by a few local stations and make some notes of which station typically has the lowest prices. Stations close to each other often engage in small price battles that could end up saving you cash at the pump.

Mind the Border

There are some states that usually have higher gas prices than other states, so be mindful of that as you travel. As US News reports, California, Pennsylvania and Illinois are known for having high gas prices. On the other hand, Texas, Louisiana and Mississippi are known for having low gas prices.

Be Efficient

Practice ways to lower your overall fuel consumption. That means carpooling or taking public transportation when possible, or driving when traffic isn’t bad so you don’t idle and waste fuel. If you’re financially able, consider buying an electric vehicle or a hybrid. Every small change to your fuel habits can lead to savings in the long run.

 

 

This article was originally posted on savvymoney.com 

The material provided on this page is for informational use only and is not intended for financial, tax or investment advice. VisionBank, PurposeBank, and/or its affiliates assume no liability for any loss or damage resulting from one’s reliance on the material provided. Please also note that such material is not updated regularly and that some of the information may not therefore be current. Consult with your own financial professional and tax advisor when making decisions regarding your financial situation.

Categories: Spending

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