Archive for the ‘Gas Prices’ Category

SUV Sales Plummeting – Trade In Values Falling

For years SUVs have been the cash cow of American car companies like GM, Ford, and Chrysler. However, with gas prices hitting $4/gallon nobody wants to pay the $100/tank or more to fill up their large gas guzzling SUVs anymore. These inefficient beasts have seen sales drop significantly in the last few months and trade in values are dropping thousands of dollars each month.

Some are calling this the death of the SUV. GM is even considering selling off its Hummer line of vehicles.

It’s really a lose lose for SUV owners. If they want to sell their large SUV in favor of a smaller, more fuel efficient car they’re going to find that their SUV no longer sells for what it would have just a few months ago. Let’s take a full size SUV, a Chevy Tahoe, as an example. According to Kelley Blue Book a 2005 Tahoe sold forr about $19,750 last September but now the vehicle sells for $16,400, a $3,350 drop in value, or 17%. Even with gas at $4/gallon, the three grand the SUV owner has lost in value on their vehicle would still put a lot of gas in one of those vehicles.

Diesel powered vehicles have seen an even more dramatic drop with and with diesel prices nearing $5/gallon it’s no surprise. Many models of diesel powered trucks have seen their values drop by $5,000 or more in the last few months.

Nearly all auto manufacturers have seen sales fall but America’s Big 3 have taken the biggest hits due to their dependence on truck and SUV sales. GM has taken the biggest with a 28% drop in sales which has promoted the company to close four truck plants and cut about 10,000 jobs.

And Ford no longer has the best selling vehicle in the U.S. For the past 17 years the Ford F-150 pickup truck has held that title but now that title belongs to the far more fuel efficient and less expensive Honda Civic.

It’ll be interesting to see if American auto manufacturers can recover fast enough from this blow or if it’s already too late.

Did you enjoy this post? If so, why not subscribe to my RSS feed and be notified every time I make a new blog post.

Need an easy way to start saving money on gas right now? I recommend you get a gas card. They’re free, and the savings can really add up. Check out my gas cards page to find out which ones are recommended and which ones aren’t worth the plastic they’re printed on.

Have you signed up to get my free money saving report, “62 ways to save money on gas” yet? If not, click here to get it absolutely FREE!

Posted: June 5th, 2008
at 5:02pm by Fuel Saver


Categories: Gas Prices

Comments: 1 comment


Is The Gas Crisis Really A Good Thing?

Every Tuesday night I get together with some friends, play a little volleyball, drink some beers, and then we start chatting about the world’s problems and how we’d solve them.

We’ve discussed everything from the education system to religion to nuclear war. Pretty much whatever comes up, we’ll discuss.

And with gas prices being in the news so much lately, it’s probably not a surprise that we’ve discussed how to the pending disaster that high gas prices are. If another big hurricane hit the gulf of Mexico, gas prices could surge beyond $6/gallon.

However, I think that this gas crisis could actually end up being a good thing.

And before an angry mob shows up in front of my house to tar and feather me, let me explain.

When gas prices were at $1.50/gallon, did you really care how fuel efficient your vehicle was? My guess is probably not since gas guzzling SUVs were selling in record numbers.

But now with $4/gallon gas becoming a reality, a lot more people are demanding solutions. Whether it’s more fuel efficient vehicles, hybrid technology, electric vehicles, or simply walking more places, people are looking for a change.

And it’s really for us, right now, to bite the bullet and make the sacrifice to switch to a different fuel so that future generations don’t have to pay for our apathy and laziness.

And don’t kid yourself, that’s what we’ve become. We’ve become a society that only cares about “what’s in it for me.” We don’t think about the future. We’re living in a “what have you done for me lately” society and it’s a huge problem that may ultimately lead for our downfall, but I digress – let’s get back to gas.

If we were to say that we’re going to make the switch to electric/hydrogen hybrid vehicles and do so starting right now, not 10 years from now, there would certainly be plenty of growing pains. It would suck for us for a few years, but the technology would improve immensely very quickly, and we’d come out the other side much better.

I know we’ve been told the technology is years away from being commercially viable, but trust me, if we absolutely had to do it, we would and we’d do it in a hurry. Just think back to World War II – look how fast we developed new technology back then. Don’t tell me that 65 years later everything has to take 20 years. How about we just do it, get it done, and be done with it?

So my thought on these ridiculous high gas prices is that while they may not be pleasant, they will lead to change, and the higher they go, the faster things will change.

Did you enjoy this post? If so, why not subscribe to my RSS feed and be notified every time I make a new blog post.

Need an easy way to start saving money on gas right now? I recommend you get a gas card. They’re free, and the savings can really add up. Check out my gas cards page to find out which ones are recommended and which ones aren’t worth the plastic they’re printed on.

Have you signed up to get my free money saving report, “62 ways to save money on gas” yet? If not, click here to get it absolutely FREE!

Posted: May 26th, 2008
at 6:09pm by Fuel Saver


Categories: Fuel Technology,Gas Prices

Comments: 1 comment


Is A Hybrid Really Worth The Extra Money

I just got done with an interview on Houston’s 1560 The Game about how to save money on gas and one thing that came up was if hybrid cars were really worth the extra money they cost.

I said no. You just don’t make up the extra cost when you drive them when compared to the non hybrid version of the car.

Then another guy came on and told me that with his Prius it’s totally worth it.

So let’s crunch some numbers here. Since the Prius is the most popular hybrid, I’d like to use that but there really is no comparable vehicle to compare it to so let’s instead use the the Toyota Camry and the Toyota Camry Hybrid.

The MSRP of the Toyota Camry is $19,380.
The MSRP of the Toyota Camry Hybrid is $27,389

The hybrid costs $8,009 more than the regular Camry. So if gas costs $4/gallon then you’ve got to make up 2,002 gallons of gas over the life of the vehicle to make up for the extra cost of the hybrid.

For the sake of simplicity, let’s just use city mileage since that’s where the hybird really makes a difference. The Camry gets 21mpg in the city and the Camry Hybrid gets 33mpg in the city.

Now let’s say you drive 100,000 miles (all city driving, of course). In the regular Camry you’d have used 4761 gallons of gas to do so.

With the hybrid you’d have used 3030 gallons of gas, a savings of 1731 gallons. So after 100,000 miles you’d still not have made up the difference. And let’s just say you drive 10,000 miles a year – after 10 years that hybrid you bought still hasn’t paid for itself.

Eventually, the hybrid will pay for itself if you only ever drive it in the city, but most of us don’t do that. We drive on the highway too, and on the highway the hybrid gets only a slight mileage advantage – 31mpg for the conventional engine and 34mpg for the hybrid engine.

I think the reason people think the Prius is such a good buy is because there is no conventional Prius to compare it to, but a conventional Prius would certainly cost thousands less and would still get pretty good gas mileage since it’s a small car. That’s what you need to remember. Of course Prius is going to look good when compared to a Hummer, buy so does just about every other vehicle.

That’s why I say it’s just not worth it.

I’d recommend waiting until the PHEVs are released (the plug-in electric hybrids) which will be in the next year or so or wait until the summer to get a 50mpg+ Volkswagon Jetta TDI (clean diesel powered car).

Did you enjoy this post? If so, why not subscribe to my RSS feed and be notified every time I make a new blog post.

Need an easy way to start saving money on gas right now? I recommend you get a gas card. They’re free, and the savings can really add up. Check out my gas cards page to find out which ones are recommended and which ones aren’t worth the plastic they’re printed on.

Have you signed up to get my free money saving report, “62 ways to save money on gas” yet? If not, click here to get it absolutely FREE!

Posted: May 8th, 2008
at 6:58pm by Fuel Saver


Categories: Fuel Technology,Gas Prices,Gas Saving Tips

Comments: No comments


Find The Cheapest Gas In Your Area

Hey everyone,

Just wanted to let you know I just added a gas price checking program to the site.

Now you can find what gas station has the cheapest gas in your area just by entering your zip code.

The page is at http://www.fuelsavingzone.com/prices/

By default, it organizes the results by the lowest priced unleaded that it finds. I know that the cheapest gas isn’t always the regular, so just click on the type of gas to sort by that category. For example, in Lincoln where I live, the cheapest gas is usually the “plus” so for me I just click on the “plus” link and it resorts for the cheapest “plus” gas in the area.

It also comes with satellite mapping so in case you’re in a large city and don’t know where a particular station is, you can find it just by clicking on the name of the station. You can also get driving directions.

One last way to use this program is for your diesel vehicle owners. I was telling my friend Lawren recently that she should buy one of the new efficient diesels for her next car, but she said, “I have no idea where to even find diesel.” This program makes that simple. Just enter your zip code and it will not only tell you which stations carry diesel, but it will tell you which one has the cheapest diesel.

Give it a try and let me know what you think of it by posting in the comments below.

http://www.fuelsavingzone.com/prices/

Gary

Posted: February 5th, 2008
at 4:29pm by Fuel Saver


Categories: Gas Prices

Comments: 2 comments


Vehicles That Will Help You Save Money On Gas

Prices at the pump are rising steadily; more and more of the vehicles being released get very low gas mileage. This makes it really hard to get around town or to work, on a budget. Fortunately, there are plenty of options out there for someone who wants to get better gas mileage, make a “green” choice for the environment, and even one for your mid life crisis – a 130mph electric powered sportscar.

If you’re not ready to take the plunge and buy a hybrid or electric vehicle, there are many gas-engine cars that get very good gas mileage. For small cars, the mini cooper (28 city/36 highway) gets you the most miles for your gallon. If you’re looking at midsize or large cars, you should check out Hyundai. The Elantra gets 27 city/34 highway, and the Sonata get 24 city/34 highway. If you’re looking into station wagons, the Pontiac Vibe and the Toyota Matrix both get 30 city/36 highway.

If you’re looking for a car with even better gas mileage, you should check out hybrid cars. The concept of a hybrid is that its engine is actually a combination of two engines: a traditional gas engine, and an electric engine. Unlike true electric cars, the electric engine is charged by the gas engine, so there’s no need to plug it in. And while all the power is ultimately derived from the gas engine, these cars, van’s, and SUVs still get way batter gas mileage and saving you tons of money at the pump. If you’re looking simply for the best gas mileage overall, you should check out the Honda insight; it gets 60 mpg city, 66 mpg highway. Plus it’s from Honda so you can be confident you’re getting a solid long lasting vehicle. If you’re looking for an SUV, the vehicle with the best gas mileage is the Ford Escape hybrid. It gets 31 mpg city, 36 mpg highway. Imagine, getting the gas mileage of a car (or better) from an SUV.

Another option for saving fuel that will be available on the market soon is the plug-in hybrid. You’re probably thinking “why would I want to plug in my hybrid when I can just get a regular hybrid?’ One dollar to get as far as a gallon of gas, that’s why. A plug in hybrid is the same as a regular hybrid except you have the option of charging the electric engine. This means that if you only take short trips, your gas engine will rarely even have to turn on, and electricity gets you as far as a gallon of gas for about $1. And, unlike normal electric cars, you never have to worry about your battery dying so you can go as far as you want on your gas engine.

Another advance that shouldn’t be overlooked is the turbo diesel market. I know what you’re thinking – “Diesel? Are you kidding me? They’re loud, polluting, and they smell!”

That used to be the case, but due to a new law passed requiring ultra low sulfur diesel in the United States, diesel is ready for a comeback. And to help get the party started are a slew of vehicles coming 2008 and 2009, including the Volkswagon Jetta TDI (75mpg), the Audi A4, the BMW 3 Sedan (35 mpg+), the Honda Accord (50 mpg), and a Ford F-150 pickup that gets 31 mpg! While diesel may not be a solution that will eliminate our need for oil, it’s certainly one that can help you save big at the pump.

If you want to just skip the gas altogether, there have been some great advances in electric vehicles. You’ll forget everything you know about electric vehicles when you see the Tesla Motors Roadster. Seriously, check it out! It’s fully electric, so you can always get a gas mileage equivalent of about 135 miles per gallon. Unlike traditional electric cars, this one runs on a lithium ion battery, so it can go farther between charges (about 250 miles), it can go a lot faster (top speed of 130 mph), and to be honest, it just looks cooler.

With any type of vehicle, you should keep your car in good shape and making sure it gets regular tune ups, this will help keep up gas efficiency. Also remember that the weight of the vehicle matters. Carrying around stuff you don’t need and always having a full tank will raise your gas mileage.

Did you enjoy this post? If so, why not subscribe to my RSS feed and be notified every time I make a new blog post.

Need an easy way to start saving money on gas right now? I recommend you get a gas card. They’re free, and the savings can really add up. Check out my gas cards page to find out which ones are recommended and which ones aren’t worth the plastic they’re printed on.

Have you signed up to get my free money saving report, “62 ways to save money on gas” yet? If not, click here to get it absolutely FREE!

Posted: January 10th, 2008
at 9:45pm by Fuel Saver


Categories: Alternative Fuel Vehicles,Fuel Technology,Gas Prices,Gas Saving Tips

Comments: No comments


Another Week, Another Record High Gas Price

The average price of gasoline is up to $3.18 in the U.S. which is the highest ever even when you take into account inflation.

Where I live, it’s even more expensive, most places were at $3.39 and I even saw it at $3.49 one place. I know that I’ve certainly been taking less trips, and I’ve been riding my motorcycle a heck of a lot more since it gets a lot better gas mileage than my other vehicle.

But hey, let’s look on the bright side, this means record profits for the oil companies. Exxon Mobile turned a $9.3 billion profit in the first quarter alone. [/sarcasm]

For those looking for bargain gas, visit Charleston, South Carolina where you can find gas for just $2.87/gallon or if you hate bargains, take a trip to the Windy City of Chicago where you can pay $3.59/gallon.

Although one good thing that is coming of this is that people are turning more towards mass transit. Public transportation use is at it’s highest in 49 years.

{democracy:2}

Posted: May 21st, 2007
at 6:18am by Fuel Saver


Categories: Gas Prices

Comments: No comments


Save Money On Gas By Using The World's Most Popular Form Of Transportation

Quick what’s the most popular type of vehicle in the world?

Nope, it’s not the car. Think of something you learned how to drive when you were a little younger.

That’s right, it’s the bicycle. At a population of over 1 billion, bicycles are the world’s most popular form of transportation (not including walking).

Also, the bicycle is the most efficient means of transportation, even more efficient than walking.

Read the rest of this entry »

Posted: May 11th, 2007
at 5:27am by Fuel Saver


Categories: Gas Prices

Comments: No comments


Getting Hybrid Gas Mileage From A Conventional Car

Well here’s an interesting story I just ran across.

It turns out that it’s possible to get the gas mileage of a hybrid car using a conventional “intelligent” car.

These “intelligent” cars as they’re called are outfitted with telematics.

So just what the heck are telematics?

The short answer: It’s a network of sensors and receivers that determine the traffic ahead in order to speed up or slow down that car so that your ride is smooth and you get to avoid the stopping and starting that drains fuel.

And by using telematics you can achieve mileage from a convetional car that can match a hybrid.

You can read the whole article about this interesting technology here. It’s definitely an interesting read.

Posted: May 9th, 2007
at 5:52am by Fuel Saver


Categories: Gas Prices

Comments: 1 comment


7 No Brainer Ways To Save Money On Gas

With gas prices being so darn high, I thought it was time to provide everyone with a few no brainer tips for saving money on gas.
[google 6004973467744826669]

Read the rest of this entry »

Posted: May 8th, 2007
at 4:43am by Fuel Saver


Categories: Gas Prices,Gas Saving Tips

Comments: 4 comments


Gas Prices Hit New Record High

It’s official.

Gas prices are at a new record high.

Want some more bad news?

It’s only may – things are going to get worse. (Sorry, don’t shoot the messenger.)

The national average for a gallon of self serve is at $3.07 which beats the previous high of $3.03 that was set last August. The $3.07 average is a 19 cent jump from prices just two weeks ago.

So where can a person go to get some cheap (I’m using that as a relative term) gas these days? Well, you might want to move to Charleston, South Carolina where you can get a gallon of gas for just $2.80. And if you want to spend more on gas, you can find the highest gas prices in the city of San Francisco, which has an average price of $3.49/gallon.

If the refineries would get their act together, gas prices wouldn’t be nearly so bad right now, but due to several beginning scheduled maintenance and others experiencing accidents, capacity has been limited. And since demand for gasoline is going up since more people are hittin’ the roads, it’s simple economics – the price goes up.

Posted: May 6th, 2007
at 7:49pm by Fuel Saver


Categories: Gas Prices

Comments: No comments


« Older Entries    Newer Entries »