Tuesday, April 19, 2011

Some savings tips as gas nears $4 a gallon

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.

Paying $4 per gallon means a household spends $4,800 on gasoline in a year, assuming two vehicles getting 25 miles to the gallon and traveling 15,000 miles.

For consumers, a long-term solution to higher gas prices is to drive less or drive a more fuel-efficient vehicle. 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 Edmunds.com.

Don’t spill the coffee: The biggest savings will come from avoiding aggressive driving. It can lower your gas mileage by 33 percent at highway speeds and by 5 percent around town.

Not sure what less-aggressive driving is? Imagine a lidless cup of coffee in your car’s cupholder. Drive like you don’t want to spill it. That means gradual acceleration and gentle braking.

Potential savings vary widely but are significant. At $4 per gallon, gas savings could range from 20 cents to $1.32 per gallon, based on Energy Department figures. That’s a savings of $240 to $1,584 per year for that two-car household described earlier.

Speed costs: Consumer Reports found that slowing from 75 to 55 mph boosted gas mileage 33 percent in testing performed on a family sedan and a large SUV.

American idle: Idling yields zero mpg. Don’t bother warming up your car or keeping it running while waiting for passengers. The rule of thumb is to turn off your car if you know you’ll be stopped for more than 30 seconds, Consumer Reports says. Cars with larger engines typically waste more gas idling than those with small engines.

Trunk junk: An extra 100

pounds in your vehicle could reduce your gas mileage by up to 2 percent, or about 8 cents per gallon. Roof junk —carrying large items on the roof of the vehicle—creates drag that can cut gas mileage 5 percent.

Use cruise: Cruise control is steadier on the accelerator pedal than you are. You might try it on lower-speed suburban roads. Edmunds. com called it a “surprisingly effective way to save gas.”

Find cheaper gas: Compare gasoline prices at GasBuddy.com, Gas- PriceWatch.com and gas-prices. mapquest.com/. Of course, you don’t want to drive far out of your way to save a few pennies. Savings will be lost traveling to a distant service station.

Billshrink.com will send you an e-mail alerting you to the lowest-price gas on your commute. Gas price information also is available via smart phone apps, such as Gas Buddy and AAA’s TripTik Mobile.

Use GPS: Computerized travel directions from GPS devices or smart phones can help find efficient routes, even among multiple destinations. That can save time, hassle and gas. If you don’t have a device, use a website such as www.mapquest.com/routeplanner .

Of course, plotting a route by hand works, too, using a folding map or road atlas. Several devices and websites also alert you to traffic jams, a gas-mileage killer.

Seek discounts: Be on the lookout for promotions and sales that get you gasoline station gift cards for free or at a discount. For example, you might be able to redeem credit card rewards points for a gas card. And Choice Hotels, which owns such properties as Comfort Inn and Clarion, is offering a$50 gas card when you book two stays before May 4.

Make radical changes: Change your work hours to avoid rush-hour traffic, use carpools and ride-sharing programs, take public transportation, walk or bike to work, or work from home.

Shop online: If you spend evenings or weekends running errands, consider ordering products online and let someone else pay for the gas. That’s doable if you can find free shipping online or lower product prices to compensate for shipping fees. Free shipping often comes in the form of a coupon code used at online checkout. Use a search engine with keywords “coupon code” and the retailer’s name.

More math: Make gas mileage a criterion as you select your next vehicle. The difference between choosing a vehicle that gets 20 mpg and 30 mpg is huge. Assuming $4-per-gallon gas, you would save $1,000 a year per car.

Some advice on saving gas is dubious.

Stay cool: Don’t sweat the argument over staying cool with air conditioning versus lowering the windows. Edmunds.com testing found neither made a huge difference to gas mileage.

Inflate tires: The U. S. Energy Department says underinflated tires can increase fuel consumption more than 3 percent. However, a test by Edmunds.com couldn’t find much effect on gas mileage, although properly inflated tires are important for safety and to reduce tire wear.

Gas additives: Advertisements for gasoline additives that supposedly deliver better mileage are exaggerations or outright lies, according to the Environmental Protection Agency, which has tested more than 100 of them.

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