Consumers paying more at the pump
A recent rise in the price of crude oil is partially responsible for a rise in gasoline prices, says AAA Auto Club South. Crude oil has fetched as much as $77.17 a barrel on the New York Mercantile Exchange. The euro has risen against the dollar, and helped push the price of crude oil higher by increasing its appeal as a commodity.
These trend are a sign that the economy is on the rebound, and that the price of crude oil will increase even more, as consumer demand steadily increases.
Retail gas prices are expected to keep rising. So what can you do to save money at the pump?
First of all, combine your errands. Several short trips taken from a cold start can use twice as much fuel as one trip covering the same distance when the engine is warm.
Consider carpooling. Many cities make it easier by matching up commuters. And last, you can ride the bus, your bike, or even walk.
When driving, make sure to stay within the posted speed limits. Gas mileage decreases rapidly at speeds above 60 miles an hour. Avoid unnecessary idling. It wastes fuel, costs money and pollutes the air. Turn off the engine if you have to wait. Avoid jackrabblit starts and stops. You can improve in-town gas mileage by up to 5 percent by driving more gently. Use your overdrive gears and cruise control when appropriate. They can improve fuel economy when you’re driving on the highway.
Be sure to keep your engine tuned. It can increase your gas mileage by an average of 4 percent. Change your oil regularly. Clean oil reduces wear caused by friction between moving parts and removes harmful substances from the engine. You can improve your gas mileage by using the grade of oil in your owner’s manual and by changing it according to schedule. Also check and replace your air filters regularly. This can increase your gas mileage up to 10 percent. Keep your tires properly inflated and aligned. It can increase your mileage up to 3 percent.
Remove stuff you don’t need from the trunk, back or bed of your vehicle. An extra 100 pounds in the trunk can reduce fuel economy by up to 2 percent.
And last, follow your owner’s manual recommendations for the right octane level for your car. For most cars, regular octane is fine. Using a higher octane gas than recommended offers no benefit, and costs you more at the pump. Unless your engine is knocking, buying higher octane gas is a waste of money.
Steer clear of gas saving gadgets, and be skeptical of any gizmo that promises to improve your gas mileage. The Environmental Protection Agency has tested a variety of these gadgets and found the majority of them offered no benefit to fuel economy. Some may even cause damage to your cars engine or an increase in exhaust emissions.
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