As first responders attend to the devastation and destruction caused by Tropical Storm Harvey, fuel analysts wait to see how national gas prices will be impacted. Senior Petroleum Analyst for GasBuddy.com Partick DeHaan said that during Hurricane Katrina whole-sale gas prices shot up 40 cents a gallon. Though he expects a similar reaction, the current projections are still unknown. Continue reading
State Sees Increase in Gas Prices
Fuel prices across the state of Indiana took a large scale hike at the end of last week. The state average price ended up around $3.59 a gallon prompted by a gain in wholesale prices that caused a double digit per gallon increase. GasBuddy.com Senior Petroleum Analyst Patrick DeHaan says spikes in prices can be predicted ahead of time.
“What we see across Indiana is that prices generally spike like they did last week, every one to two weeks, so it’s quite predictable that these spikes happen,” said DeHaan.
Expert Offers Advice to Maximize Fuel Economy
Taking the lead out of your foot when you drive will put more pennies in your pocket. GasBuddy.com Senior Petroleum Analyst Patrick DeHaan says slowing down is one of the best ways to avoid having to fill up as often.
“Driving behavior is probably the number one potential for savings when it comes to the pump. You can certainly get your car to go longer more on a tank of gas if you’re just driving less aggressively,” DeHaan said.
He admits that’s easier said than done but says it’s best to maintain a steady speed whenever possible. Continue reading
