Save on Fuel for your Car

Four-buck gasoline is a reality again for some American motorists. Only this time, unlike 2008, the price spike follows years of deep national recession and its aftermath—including rampant job loss and home foreclosures. That means many households’ battered budgets are less able to absorb higher gas prices, especially when the costs of such necessities as food and clothing are rising fast too.

Paying $4 per gallon would mean a household spends $4,800 on gasoline in a year, assuming the household owns two vehicles getting 25 miles to the gallon and traveling 15,000 miles. There’s a one-in-four chance that the average price of gas nationwide this summer will exceed $4 per gallon, according to a forecast by the U.S. Energy Information Administration.

For consumers, a long-term solution to higher gas prices is to drive less or drive a more fuel-efficient vehicle. But in the short term it matters more “how” you drive than “what” you drive.

Here are suggestions for saving money on gasoline, with help from the U.S. Department of Energy, Consumer Reports, the Alliance to Save Energy and   Look at my upcoming post to learn how Gary and I are dealing with the high gas prices.

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