Purchasing gasoline to power our vehicles is a significant expense for households across the nation, especially with the recent run up in prices in every state of the union.  Rampant speculation and limited supply guarantees that the price of gasoline will not experience a dramatic decrease in price anytime soon, leaving people with limited options for relief.  There are some tips you can follow to save money on gasoline purchases and reduce the number of times you will need to fill up the tank.

Find The Best Price

Gasoline retailers can be very competitive and will quickly lower prices if other gas stations in the area are offering a lower price.  Shopping around for the lowest prices in the area can save you as much as 5 cents off each gallon of gasoline purchased.  There are many different tools available on the internet and as mobile phone applications to help you find the lowest gasoline prices in your area.

Avoid Freeway Gas Stations

Many people would be surprised to learn that gas stations that are located close to freeway off ramps regularly have higher prices than gas stations that are located further into the city or town.  This is because freeway travelers rarely travel far from the freeway for fear that they will not be able to find their way back in an unfamiliar town and settle for whatever gas station is closest and will get them back on the road quickly.  Gas stations that are more than 1 mile away from the freeway will generally have lower prices.

Use Rewards Cards

A number of different retailers have begun to offer gasoline savings at branded gas stations for purchasing their products or spending a certain amount at their stores.  Grocery stores seem to be the most common distributors of these rewards cards and the savings can be redeemed at co-branded gas stations located near the main store.  Depending on how much you spend in the store, you may be able to claim savings up to 50 cents off each gallon of gasoline.

Tags: money saving tips, saving money, Savings Tips

This entry was posted on Thursday, January 27th, 2011 at 11:55 am and is filed under tips. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.