03/11/2010

10 things gas stations won’t tell you

 

Gas Station

They share your pain when gas prices soar but not your nostalgia for service bays. And although they accept debit cards, using one might cost more than you think.

1. “Good luck finding the best deal.”

When it comes to gas prices, most stations are branded — meaning the name of a major oil company hangs out front — and must buy gas from their proprietary company. They can’t shop around.

With a lock on sales, the oil companies charge each station a different price depending on various factors, such as the station’s competition and its location. That means a station might have to pay a lot more than one down the street, and that cost gets passed along to you.

Faced with such instability, Gainesville, Fla., resident Steven King plans ahead: “If I know I’m going out of town, I try not to buy gas, so I can fill up after I leave.” King says he can save 10 cents a gallon by purchasing gas on the road. You’d be similarly wise to shop around because with prices constantly in motion, the cheapest gas may not be at the same station every time. (Read more at: msn money)

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{Photography by Dave NcMt}

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July 6, 2009 | Filed Under Budget | Leave a Comment 

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