Thursday, July 17, 2008

Girding against Gas Price Increases

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Girding against Gas Price Increases

Until the world entirely relinquishes the idea of oil consumption and gas guzzling, an article in U.S.News & World Report offers some helpful advice in protecting yourself at the pump, so that you don’t have to be a victim of gas price increases.

America has finally feeling the crunch of gas and the sale of hybrid vehicles is more popular than before as is use of public transportation. But no matter how often we ride bikes, carpool and walk to our destination, there comes a time when we find ourselves in front of the gas pump, filling up our vehicles, hybrid or otherwise. I drive a compact car that gets fairly good mileage for a car its age, but I’m still spending over $40 for a tank. So I definitely took interest when I heard about the latest innovation is saving money on gas.

MyGallons.com is a company that allows you to “lock in” the price you pay for gas. You purchase gas at its current rate so that you aren’t affected by any increases in the future. According to founder, Steve Verona, the company can do this because they make investments in oil companies, coal companies, and other stocks that are likely to benefit from more expensive oil, something consumers can do themselves as well.

But the site’s main source of income is from a membership fee as well as advertising on the site.

Although making investments can help you spend less at the pump, the best ways to save money on gas also tend to be eco-friendly moves as well: vacationing closer to home, carpooling, reducing your driving overall and driving more fuel efficient cars.

To read the original article, click here

http://biz.yahoo.com/usnews/080702/02_steeling_yourself_against_rising_gas_prices.html?.v=1

www.weearth.com

1 comment:

Anonymous said...

The bankruptcy and previous corporations of the owner who wants you to buy
prepaid gas cards at mygallons.com. Escrow accounts are not protected from
bankruptcy proceedings.

http://webofdeception.com/#mygallons