Driving to cheapest gas-worth it?

In past posts, I’ve shared with you how you can find the gas station with the cheapest prices in your area– but is it really worth the drive? Enery Jeffreys, in writing about this topic at the Around Central Florida blog has a different perspective on all this- including info about “a slick site that helps determine if is worth the drive to save a few pennies.” The site is called Gas Edge of Saddle River, New Jersey, created by Mark Roth, an Internet Marketer.

About Emery- He as about 30 years experience as a writer and editor — including serving as a reporter and editor at United Press International.

Gas dip for drivers

Something happened today that I wondered if it would ever happen again…In case you missed this headline news item, oil fell below $130 per barrel today! That prompted a rally on Wall Street. In a related note, high prices seem to be driving demand down. U.S. drivers this month are driving 5% less than a year ago. So maybe the law of supply, demand, and prices really works– even when it comes to gas.

By the way, if you really want to follow gas price trends, let me recommend that you regularly check out our gas data center. We’ve put a great deal of work gathering sources of info and data to give you a comprehensive picture of gas price trends and related info. Our plans are to continually expand it. Visit our gas data center and you’ll find such information as:

* The cheapest gas price at your location!
* National price trends;
* Historical gas price trends; and,
* Gas pricing maps.

Beware-gas price lies

Consumers are being “ripped off” by undisclosed added charges when they buy by credit cars versus cash. The charge can be substantial. Not to justify in any way these undisclosed charges, but th charges are way in excess of what service station operators pay fee wise when they use credit card processing. This tactic by some gas stations has to be stopped! These extra charges must be fully disclosed with a prominents sign if gas stations choose to do this! And approaching the oil companies may have little impact because they own a very small percent of the gas stations in this country, a fact now known by many.

In the meantime if you trade plastic for gas, carefully watch what you get charged. Has this happened to you? Let us know and share your story as we continue to follow this story…

Here’s some related stories:

Different Cash and Credit Prices At Gas Station Dissected

It also helped to realize that they didn’t raise the price of gas for credit card users, since they are still competitive with other stations. Before this companies already priced in credit card fees so that they could keep a uniform …

Paper or Plastic?

Most of us know that credit card companies charge fees for purchases made using a credit card, and the combination of high gas prices and, an increase in the use of plastic to pay for it, have made some owners aware of just how much …

Rising Prices, Credit Card Fees Crippling Gas Station Owners

Station owners are making less money today because more people are using credit cards to purchase their gas. The rising credit card fees are cutting in to the narrow profit margins which are a fixed amount for each gallon of gas. …

The Truth: Gas Prices Have Caused Me to Make Changes

My credit card statement closes on Wednesday, and the gas station I go to regularly typically takes two days to process my charge and have it end up on my statement, so I’ll be able to avoid coming up with the cash to pay for that gas …

The latest casualty of high gas prices - credit cards at the pump

As the gasoline price continues to rise, so does the amount the gas station owners have to pay to credit card companies. Most gas station owners only mark up the cost of gasoline by about 8 - 10 cents. When it was $1.00 a gallon, …

Billionaire Pickens High Gas Price Solution

clipped from www.reuters.com Tue Jul 8, 2008 3:16pm EDT By Timothy Gardner NEW YORK, July 8 (Reuters) - Texas energy tycoon T. Boone Pickens on Tuesday called for a massive switch to natural gas as a transportation fuel and a boost in wind power in a plan aimed at reducing U.S. foreign oil dependence by a more than a third. The Pickens Plan, which includes exploiting domestic natural gas supplies in new areas like East Texas and Appalachia, could replace 38 percent of U.S. oil imports, he said. “U.S. natural gas can replace foreign oil. It’s the only natural resource we have that can do that,” Pickens said during a press event for his energy plan. The 10-year plan would reduce the annual U.S. oil import bill of $700 billion, at oil prices of $140 a barrel, by hundreds of billions of dollars, he said. The country imports about 70 percent of its crude. Click here for the whole story

Lock in gas price

clipped from www.reuters.com Service lets drivers lock in gasoline prices NEW YORK (Reuters) - The high price of gasoline has some U.S. drivers looking to the future. A recently introduced service called MyGallons.com allows drivers to fill up their tanks sometime in the future but at current prices, using a debit-like card which banks gallons rather than dollars. “The price of gasoline was changing all the time. It seemed unpredictable,” Steven Verona, founder and owner of the Miami-based company, said on Monday. “It seemed there had to be a way to fix the price,” he said. Working on the assumption that the price of gasoline will continue to rise, Verona started about two and a half years ago to put together the company which gives the driver some measure of control of what he pays for gasoline. To read the whole story, click here

Gasline News Tracker service announced

A news service on all aspects of high gas prices launched today. Pump-less-gas.com, the blog devoted to news, information, resources, and money saving tips now provides a news service called News Tracker. Editor Frank Girard explained “what we are doing is providing constantly updated, highly focused news on all aspects of high gas prices. Currently our coverage includes the topic of “high gas prices” and “fuel efficient cars” with other topics being added every week. The service provides a list of headlines and related story summaries from more than 4500 media outlets from all over the United States on these two topics with more planned,” Girard explained. “To read the headlines stories/news summaries listed, one simply clicks on the headlines/summaries to instantly get the whole story. Now instead of having to search for news on highly focused topics related to all aspects of high gas prices, this information is constantly updated and instantly available from our blog Pump-less-gas.com/wordpress,”Girard continued.

The News Tracker service described can be found at this address: http://pump-less-gas.com/wordpress/news-tracker/

International gas prices

Ever wondered if other countries are suffering as much as the U.S. is with high gasoline prices? Although I had heard that many countries have had higher prices for a long time, I never saw any numbers..until now. Here’s some interesting data about gas prices over time for several key countries-Click here:

Come back anytime to get the latest international gas price trend information for key countries.

Here’s some related stories:

International Rising Gas Prices is in the Works: What Will Prices …

NEW YORK: Secretary-General Ban Ki-Moon just accepted the choice by Saudi Arabias King Abdullah to set up a meeting of the worlds top oil producers.

International buyers will keep gas prices high: CIBC chief economist

In a world where gasoline prices obeyed the economic maxim that falling demand leads to lower prices, Canadians shouldn’t have to worry that fuel will soon hit $2.25 a litre.

Five Vulnerable Nodes in the Global Energy Network

Four-dollar gas has the pushed the price of energy to the top of the American mind, but what if the pain at the pump is just a leading indicator of a much more dire energy future? That’s the question that a New Scientist article (behind …

Understanding China’s oil prices

SS: Quote, Profile) lobby the NDRC to raise gasoline prices, they focus on the profits and viability of their refining arm, which PetroChina’s 2007 Annual Report described as incurring heaving losses leading to the cessation of …

Cheap gas, computer glitch

I wish I lived in Cincinnatti right now! Why? Well it seems a Cincinnatti service station started selling gas for $1.40 a gallon instead of $4.10 a gallon (amazing what a few misplaced numbers can do!)

CINCINNATI – A computer error caused a Cincinnati area service station to sell gas for $1.40 instead of $4.10, leading to a major traffic jam.

I’m told the scene was mass chaos at the station located in suburban Sycamore Township. The chaos was short lived however– the good news for drivers only lasted about three hours! But what a cheap gas feast it was!

I wonder how many other computer screw ups around the country have put smiles on the faces of drivers during this sky high gas price period…

Cheaper gas new bulk buying site

Yesterday, an interesting new site was launched called MyGallons.com. As just reported this morning on ABC’s “Good Morning America”, the site is a new membership site that provides bulk discounts on gas. Since yesterday, several thousand people have already joined.

Check out MyGallons.com and let me know what you think. If this is as good as it sounds, this could be a real money saver for you!

Gas demand down

Demand for gasoline is down–In large part because gasoline prices are over $4 a gallon. This drop in demand is the first time in 17 years. China is raising prices for gasoline and diesel — a move that might ultimately lower demand. And, on Sunday, there were signs supply might increase as Saudi Arabia’s oil minister indicated that the country would increase production through the end of the year if needed. On Friday, the energy markets were digesting news of an attack on a Royal Dutch Shell oil platform in Nigeria that shut down over 200,000 barrels of oil per day in production. According to the EIA, in the first quarter of the year, demand for gasoline fell about 100,000 barrels per day, or about 1.3 percent of daily consumption.

Read the whole story. . .

Other related stories:

The Plan for $1 a Gallon Gas - Increase Supply and Decrease Demand. Ever economist across the globe will tell you that simple plan WILL bring down the price of oil. The fact is, there are only a few ways to increase supply and lots of ways to decrease demand (all of …

Election year gas prices - Gas prices have gone up a full dollar a gallon just since the primary season began back in January, and of course, the excuse is supply and demand, but as gas prices have continued their meteoric rise, people are driving less and less …

A little riff on “Supply and Demand” - Maybe it’s the gas prices. Maybe it’s corn or rice. You could raise prices to stay afloat…justifying the supply. Or you could find a way to reduce the demand, offering an alternative instead. That way you’re passing the savings onto …

Oil falls as crude supply holds, gas demand drops - NEW YORK (AP) - Oil prices slid Wednesday after the Energy Department said crude oil supplies fell less than expected last week while demand for gasoline dropped nearly 2 percent. The national average for a gallon of regular…

Oil falls as crude supply holds, gas demand drops (AP) - Forum: Commodities and futures - news and analysis (RSS feeds) Posted By: Yahoo! Finance Post Time: 06-18-2008 at 12:20 PM.

 

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