|GAS PRICES SET TO RISE THIS SUMMER|
|Posted on: Apr. 22, 2017 in Driving, Cars, Money|
One of the necessary costs of car ownership is fueling it. Without gas, you’re going nowhere. Unfortunately, it’s one of those expenses that consumers have little control over. Many Americans feel gas prices are too high and it’s about to get even more expensive.
The American Automobile Association (AAA) has predicted, and many experts agree, that gas prices are going to continue to rise in the coming months. Gas prices have already started to climb and they are at their highest level since last June, according to GasBuddy, a fuel-tracking website.
The rise in fuel prices can be attributed to several factors. Oil prices are rising and this directly impacts the price of gas. Moreover, while the price of gas was lower, consumers purchased more which resulted in a reduction in reserves. Supply and demand did its thing and the price of gas began to rise. Finally, the price of gas typically rises every spring. EPA regulations state that refineries must use a summer-blend of gas the burns cleaner but is more expensive. In these months when road travel is heavier, it’s costlier, too.
While you can’t control the price of gas, your driving habits can impact how much gas you use. Slow down and avoid hard breaking and rapid acceleration. Highway driving tends to burn less gas than city since stop-and-go traffic will use more gas. Keep your car in proper working order, including checking your tires for proper inflation. Avoid idling and carrying too much weight as well.
One other option – drive less! Car pool, combine errands, or walk instead!
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