How to save the most at the gas pump
Prices at the pump have jumped to $3.67 nationwide. In Oklahoma, the state average is a bit less at $3.53.
That is up 4 cents from last week and experts say the price hikes won’t stop there.
Pain at the pump is going to get worse before it gets better, especially if you don’t have the right savings strategies.
Gas prices have been climbing throughout July.
It’s mostly from higher crude oil prices.
Plus investors are worrying about the possibility of disrupted production from violence in Egypt and hurricanes in the Atlantic.
But there are still plenty of ways to save.
- Start with your car; if you’ve been putting off an oil change or mechanic visit, now’s the time.
Clear out the extra stuff in your trunk and check that the tires are properly inflated.
Your car will be less fuel-efficient if it’s not in peak operating condition.
- The biggest savings come from shopping around.
According to GasBuddy.com, the difference between the cheapest and most expensive station in an area can be as much as 70 cents a gallon when gas prices are high.
That’s a big difference for going maybe a mile or two out of your way.
Apps like GasBuddy and AAA TripTik can help you find the best deals.
- Figure out the way to pay.
Some stations offer discounts of 5 to 10 cents per gallon for using with cash.
Credit card rewards can knock up to 5 percent off and a few gas chains, like Cumberland Farms, even have payment apps.
There, paying by app can save you up to 10 cents per gallon.
You might even be able to leverage your food bills.
Lots of chains, including Safeway and Giant Eagle, offer gas discounts based on your monthly grocery bill.
You could save as much as $1 per gallon on a single fill-up.
Just make sure the deals are good-so you don’t see your grocery bill go up as your gas bill goes down.