Need That Money

Drive Smarter: How to Beat Rising Gas Prices

Gas prices often feel like they are always on the rise. One day you fill your tank and think, “Wow, gas prices are high.” Then, when you fill it up next time, you realize that they have gone up again since your last fill-up! It can be frustrating, but there are ways to reduce the cost of gasoline.

In this article, we’ll discuss current national gas prices, proposed legislation to reduce gas prices, state gas tax holidays, and tips to reduce gas costs.

National Gas Prices

According to AAA, there’s a slight drop in mid-July gas prices. Gas prices vary depending on the region, the season, and even the day of the week.

However, prices are higher than they were a year ago. The average national gas price is $3.14 per gallon, while the average price last year at this time was $2.18 per gallon.

That’s a significant increase that impacts everyone who drives a car. Additionally, California Democrats have proposed legislation to reduce gas prices.

The Big Oil Windfall Profits Tax would charge oil companies more if they made more money when gas prices increase. The increased funds would then be used for a tax rebate to drivers.

Although there is opposition to the proposed legislation from Republicans and some Democrats, the possibility of reducing gas prices is still being talked about.

State Gas Tax Holidays

Gas tax holidays are another way to provide relief to drivers. During these tax holidays, the state government will waive the usual taxes on gasoline.

It’s important to note that only certain states offer this holiday, and it often takes place during specific times of the year. For example, South Carolina offers a gas tax holiday every Memorial Day weekend and Labor Day weekend.

This can be a significant saving for drivers, as the tax in South Carolina is currently $0.24 per gallon. Drivers who want to save money should research the state gas tax policies and plan their trips accordingly.

Tips to Reduce Gas Costs

If gas prices are causing anxiety, it’s essential to take steps to reduce costs. One of the best ways to reduce gasoline expenses is to increase gas mileage.

Every car has a certain level of efficiency. However, there are several things drivers can do to increase their car’s gas mileage.

Keep your tires inflated to the recommended air pressure level. This might seem like a small thing, but it can make a significant difference.

According to fueleconomy.org, the US Department of Energy website, under-inflated tires use more gas than necessary. Another way to save money is to use the GasBuddy app to find the lowest gas prices wherever you are.

The app allows you to search for the best prices in your current location or even plan for fuel stops on your route. Additionally, GasBuddy has a rewards program, which provides added benefits for frequent users.

Moreover, timing fuel stops in states with lower gas prices is an easy way to save money. You can strategically plan to fill-up on gas when you are in a state with lower gas prices.

In conclusion, it can feel like gas prices are always on the rise. But there are ways to reduce costs and save money.

Keeping tires inflated, using the GasBuddy app, and strategic planning can all contribute to savings on gas expenses. While proposed legislation, such as the Big Oil Windfall Profits Tax, may help reduce gas prices in some states, the reality remains that the prices may continue to climb.

However, by following the tips provided, drivers can save money and reduce the impact of gas prices on their daily lives. In summary, gas prices can be a major source of frustration for drivers.

The national average has risen to $3.14 per gallon, with recent legislation proposed to help reduce costs. Additionally, some states offer gas tax holidays to provide relief.

To reduce costs, drivers can increase their car’s gas mileage by keeping tires inflated and using the GasBuddy app to find the lowest gas prices. While gas prices may continue to rise, taking steps to reduce costs can help alleviate its impact on drivers.

Remember to plan accordingly and keep these tips in mind to save money on gas.

Popular Posts