Taxes, oil refining, distribution and oil marketing make up just about half of the overall cost of fuel; the other half goes to crude oil. Crude oil cost vary by seasonal trends, supply and demand, the value of the U.S. dollar, and international market factors.
In a nutshell, stability in oil-producing nations means high production, which causes an oil glut, which results in cheap crude oil.
Efficient cars also means more miles or kilometers to the dollar. That puts money back into your pocket. But don’t stop there; there are ways to find even cheaper gas.
Find the cheapest gas in your area.
Mapquest Gas Calculator
Gas Calculator by Mapquest has been around for quite some time and is a nifty tool that help you find the best route and get the best fuel cost for your route. Click on the gas button and locate the nearest gas station with the cheapest gas.
Gas Buddy, like Mapquest, helps you to find the best gas prices and everything else you need to fuel your trip. Simply plugin your location and Gas Buddy can help you find the best location for the cheapest gas.
Other Great Apps
Find apps like the 7-Eleven Fuel app, allows drivers to search for the nearest 7-Eleven gas station anywhere in the world with the lowest price on fuel. What’s special about this app is drivers can ‘lock in’ that price and redeem gas for the amount shown on the app at any 7-Eleven store within seven days. The new concept means motorists can redeem the best local deal on fuel purchases regardless of which 7-Eleven fuel store they fill up at. This deal is exclusive to 7-Eleven customers.