AAA is predicting that “more than 47.7 million Americans will take to the nation’s roadways and skies this Independence Day (July 1–5), as travel volumes are expected to nearly fully recover to pre-pandemic levels. In fact, this will be the second-highest Independence Day travel volume on record, trailing only 2019. Overall, just 2.5% fewer Americans are expected to travel this year compared to Independence Day in 2019. This represents an increase of nearly 40% compared to last year, when total travel fell to 34.2 million.”
What a difference a year makes, eh?
According to AAA, road trips will continue to dominate this summer and more than 91% of holiday travel will be by car. That means that 43.6 million Americans will drive to their destinations. That’s the highest number on record for Fourth of July and is 5% more than the previous record set in 2019.
That’s the good news. The bad news is that gas prices are at their highest in seven years. I just filled up my tank yesterday and it cost $44 for 10 gallons of Regular. Yikes. That made me do some research on how to save money on gas.
The first thing I suggest is downloading the Gas Buddy app (free on both iOS or Android) or bring up their site and do a search. GasBuddy covers 150,000 gas stations in the US & Canada and lets you check prices at multiple gas stations. You will quickly learn that not all stations are priced the same. In fact, it’s not even close. Just by driving a couple of blocks, you can save some serious cash.
Another way to save money on gas, especially if you’re driving through multiple states, is to find out what the prices are on the other side of state lines. You can save even more money by either filling up before or after crossing, depending on the state. For example, here in California, gas prices are out of control, thanks to high taxes, so if you’re driving to Arizona, it would be wise to fill up there, as prices are $1.50 less per gallon. Insane, right?
I’m a Costco member and I know a lot of people who fill up at their gas stations because it’s usually 20 cents cheaper but every time I go, the lines are out of control so I don’t think waiting is worth the savings.
What are your tips for saving money on gas?
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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.