Tips for saving gas as oil prices rise to their highest level in 8 years

Crude oil prices pegged to Brent rose above US$105 a barrel for the first time since 2014 after Russia’s attack on Ukraine heightened concerns about disruptions to global energy supplies. Russia is one of the world’s largest producers of crude oil and sanctions against it are expected to boost global supply. A rise in wholesale oil prices linked to the world market can push up domestic fuel prices.

According to the Australian Petroleum Institute, the national average price of unleaded petrol rose 2.2 cents to a record 179.1 cents per liter last week. The price of Brent crude jumped 5.6% to US$102.27 shortly after Russia began attacking Ukraine.

Meanwhile, on Thursday, global benchmark Brent rose 2.3% to settle at $99.08 a barrel, after hitting a high of US$105.79. Similarly, WTI crude jumped 0.8% to settle at $92.81 a barrel after rising to US$100.54 earlier.

Image source: © Kodym | Megapixl.com

Here we discuss some tips for saving gas as fuel prices rise:

Plan your trips in advance

It is important to plan your trips in advance to avoid getting stuck in traffic. Getting stuck in traffic moving at a snail’s pace could mean your engine would be consuming more fuel than it normally does. Nothing would be better than mapping your route before hitting the road.

The second important point to remember is that you should only use your private car when you need it most. It is good to use public transport or carpooling. Also, walking can be a good option for nearby destinations.

Drive, don’t fly

The other way to save fuel is to drive within the limits. It is well known that cars traveling at speeds above 100 km/h consume more fuel due to increased aerodynamic drag. Thus, it is always advisable to drive at a constant speed, unless otherwise specified. You can also use cruise control on long journeys. You also need to make sure your car’s tires are properly inflated.

Idling consumes a lot of fuel

Experts always advise to avoid idling. This can cause a significant amount of fuel to burn. Idling can consume a gallon of gas per hour. The other important tip is to turn off your engine in case your car is stopped for more than a minute. It can also help you save the environment.

It is also recommended to turn off the air conditioning and heating to save fuel.

Finally, fuel-efficient driving is also about shifting into the right gear based on your speed. This can help keep RPMs low, which can reduce engine revs, saving fuel.

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Felix J. Dixon