« Credit Card Bill of Rights Introduced | Main | Blogs we like: It's Just Money »

How to cope with skyrocketing gas prices

Gas prices are hitting new record highs once again. Just last fall, I wrote an article about how to get the most from your fill-up. Back then, prices were just starting to break the $3.00 mark. Now, some gas stations are charging as much as $4.00 a gallon for premium gas.

Sounds like it is time to revisit these fuel cost tips!

  • Drive the speed limit - Most cars are much more fuel efficient at 55 than at 75 mph. Also, using cruise control can help you get the more out of each gallon
  • Remove unnecessary items from your trunk - Carrying around a few gallons of soda and other supplies can lower your fuel economy. Keep your car clean of any unnecessary items.
  • Get a tune up - Air filters, tire pressure and motor oil can all impact your car's fuel efficiency. 
  • Buy gas with a rewards credit card - At least you'll be able to earn back points on your next $50 fill up.
  • Find the cheapest gas in your area - Sites like GasBuddy.com can help you locate the cheapest gas in your area. Don't drive too far though, you could burn up your savings during the trek.
  • Consider driving alternatives - Now might be the perfect time to start taking the bus to work, breaking out the bicycle for trips around town or boarding a train for a weekend trip.
  • Carpool - Your daily commute can be a lot less expensive when divided between a few neighbors or co-workers.
  • Trade in your car for something more fuel efficient - If you are looking at buying a new or used car this spring, consider a buying a Prius, Mini Cooper or other fuel efficient car. You can compare fuel efficiency online here.

You can keep your gas costs under control with a little planning and some moderation. Do you have a great tip for managing rising fuel prices? Share it in the feedback section below!


Send this article to:

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/542753/4743227

Listed below are links to weblogs that reference How to cope with skyrocketing gas prices:

Comments

You might like this. It's an article from Edmunds testing some of the common tips on fuel efficiency like windows down and no AC vs. windows up with the AC on, tire inflation, using cruise control, etc. I found a version of this article when I was car shopping last year.

http://www.edmunds.com/ownership/driving/articles/106842/article.html

Cool article Liz!

Post a comment

If you have a TypeKey or TypePad account, please Sign In

Subscribe to the CreditBloggers RSS feed today! Copy one of these links into your blog reader:


About CreditBloggers

Bringing together leading experts to discuss credit, loan, debt and identity theft topics, CreditBloggers provides readers with unique insight and straight answers about the financial world. This credit blog is moderated by Emily Davidson, formerly a TransUnion consumer credit expert.

Click here to read more about the team of financial gurus who contribute to CreditBloggers.com



© 2005-2007 Creditbloggers.com. All rights reserved

Disclaimer: This information has been compiled and provided by Creditbloggers.com as a service to the public. While our goal is to provide information that will help consumers to manage their credit and debt, this information should not be considered legal advice. Such advice must be specific to the various circumstances of each person's situation, and the general information provided on these pages should not be used as a substitute for the advice of competent legal counsel.