While we may not be able to do anything about the price of fuel, we can be smart about the way we buy it. Here are a few tips on how to optimize your fuel buying strategy:
- Buy gas early in the week. Prices tend to rise mid-week, so buying on Monday and Tuesday could save you a few bucks.
- Fill up early in the day. When temperatures are cooler in the morning hours, gasoline is more dense, which means you get more in your tank for less money. Later in the say, the density goes down as the temperature goes up.
- Fill up where there are other stations or major travel stops; competition means lower prices. Try to avoid the lonely gas stations in the middle of nowhere, as they can pretty much choose their price. It’s also a great idea to avoid higher-income areas as the prices go right along with it.
- Watch the map. Fuel can be cheaper near state lines, because states also tend to be competitive with each other given different tax situations. There are smart phone apps available that show which states are cheaper.
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