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How to find the best price on gas

How to find the best price on gas

Credit: KVUE News

by Terri Gruca

Bio | Email | Follow: @TerriG_KVUE

kvue.com

Posted on March 8, 2011 at 9:20 AM

As prices at the pump continue to rise many of you may be wondering about where to find the cheapest gasoline.

There are lots of web sites out there. At KVUE.com you can find gas prices around the area as posted by consumers on Gas Buddy.com.

This site has improved drastically over the years. People now post the day and time they saw the price at the pump. Just keep in mind it is reliant on people’s posts and they are not always accurate.  

Some websites like Motortrend use credit card information to post gas prices. The one thing to remember about this data is that it is rarely immediate. Often credit card data is between three and five days old. It takes that long to process the information. However that is improving.

AAA for example puts out a daily fuel gage report which "compiles information from 110,000 stations" but you always see the previous day's prices.

AAA gets information from Oil Price Information Service.

OPIS also offers an iPhone app which will help you find the ten cheapest gas stations near you. 

The company does provide real time station specific data to companies like Garmin and TeleNav. It is captured almost as soon as a person's credit card is swiped at more than 125,000 locations. In some places where stations don't have updated technology the information is from transactions that took place between one and five days ago. The majority of prices are no older than 3 days.

 

 

 

 

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