BOSTON – GasBuddy, the only company connecting drivers with their Perfect
Pit Stop, finds that in the weeks leading up to the holidays, average gas prices have seen one
of their largest seasonal declines with the national average price of gasoline down 53 cents per gallon
over the last two months with Christmas gas prices now lower than their year-ago level. GasBuddy
projects the national average to drop to $2.35 per gallon by Christmas Day.
Independent reporting for Pine Bluff & Jefferson County since 1879.
“The plunge at the pump has brought over $205 million of daily savings on gasoline versus two months
ago to motorists nationwide. The timing couldn’t be better for those who’ve been busy out shopping
for holiday gifts, with motorists saving $10-$20 per fill up versus just two months ago, ” said Patrick
DeHaan, head of petroleum analysis at GasBuddy. “Oil prices have buckled under pressure, at least
somewhat related to economic concerns, with the national average now under year-ago levels. Over
the course of Christmas week, the savings multiplied will mean motorists won’t be leaving nearly $1.5
billion behind at the pump. What’s more is that no state has been left behind- everyone is seeing
substantial savings.”
In addition to falling gas prices, the free Pay with GasBuddy program recently celebrated surpassing
$4.5 million it has saved motorists directly with its 5 cent per gallon discount available at over 100,000
gas stations nationwide. Motorists that want to join in on the savings available can visit
pay.gasbuddy.com to sign up.
GasBuddy offers several tips to motorists on the road this holiday season:
● Watch Out for State Lines. Because of differing state taxes, in some extreme cases, drivers
can spend an extra $25 when refueling the tank if on the wrong side of the line according to a
GasBuddy study.
● Shop around for the Biggest Savings. With gas prices continuing to decline, some gas
stations are passing along the savings faster than others, so spending a few moments looking
at gas prices around you can lead to saving a few more dollars on your fill-up.
● In a Hurry? Spend a Fury! Speeding, aggressive driving and hard braking are things many
of us may be guilty of according to a recent GasBuddy study, and it costs you a fury if you’re
in a hurry – upwards of $10 per tank, adding up to $477 per year on average. GasBuddy’s
Drives feature can help reduce motorists’ yearly fuel bill by providing an assessment of their
driving habits during their trip in an effort to improve fuel efficiency, mapping out when and
where a poor driving habit occurred.