Save money by altering your driving
One of the things that has been hitting Americans really hard lately has been the massive run up in oil prices, which has translated to record high gasoline prices. With gas prices currently averaging over $3.30 a gallon, it is for sure that everyone is feeling the pinch when they hit the pump, and wishing there was something they could do to lower their gas bill, well… maybe there is!
I ran across an interesting article from cnnmoney.com that laid out some pretty good evidence that by simply driving slower you can do you part to lower the cost of gasoline you are putting into your car(s).
According to the report, for every 10 mph you drive over 60 mph is like adding an additional 54 cents per gallon to your bill. So… let’s do a little math here; the current average of gasoline is running a bit over $3.30 a gallon, so if you average driving your car at 70 mph then you are actually going to wind up paying something closer to $3.85 a gallon for your gas, and that is assuming your car is some-what fuel efficient.
Regardless of what sort of car you drive… whether it be a Honda Accord, or a nice big Humvee, every additional 10 mph you drive will reduce you cars gasoline mileage by 4 miles per gallon.
So, if you are feeling the hit of high gasoline prices, then maybe the best thing you can do is just slow down… just simply slow down. Sounds easy enough, but the question remains.. what is more important? Getting someone quicker, or saving a little gasoline and reducing your energy costs. That is the question.
Can you remember when the national speed limit was 55 mph? One of the main reasons why the country had a maximum speed limit of 55 was in reaction to high oil prices in the 70’s that led to shortages and an eventual international embargo.
Don’t expect to see the country revert back to a national 55 mph speed limit, but that doesn’t mean that you can’t impose a lower speed limit on yourself!
If you enjoyed this post, get all my posts with my my Email feed!
Popularity: 57% [?]
An investment approach based on publicly available information assures that the foundation of the process will not be dependent on the commercial viability of one or more sources.