Category Archives: gas prices

Why Gas Prices are Going Down

You may have noticed but your wallet is feeling a little more full when you visit the pump these days. Prices of gas have dropped near this year’s low and on their way even lower.

crude-oil

Across the U.S.A regular unleaded averages $3.28 per gallon. However certain places are paying just $2.75 because of less demand after the summer months when people hit the road more often. Other contributors to lower gas prices are large global crude oil inventories and vast supplies.

Two key factors will keep gas prices on this downward trend throughout the winter months.

  • Winter-blend fuel is cheaper to make as most oil companies have made the switch.
  • Declining ethanol prices

10% of gas stations in the U.S.A have gas prices at less than $3. Last year only 3% were.

There was a steep drop in average gas prices on Monday with a decrease of more than 2 cents. This was the steepest drop in almost a year.

There is not only good news for everyday motorists but there has also been a decline in diesel gas prices for truckers. This week prices were down to $3.71 per gallon which is down from $3.89 a year ago.

Another benefit is that nobody is trying to stop the slide in oil prices because that is OPEC’s responsibility. OPEC could try to push prices back up by limiting production. This past October, OPEC made the decision to maintain production at normal levels, which resulted in lowering prices for oil even more.

Since the Summer of 2014 crude oil prices have dropped more than 50 percent. Ranging from over $100 a barrel to under $50, which is a massive decline. From the mid-1980’s to the mid-2000’s, prices were never above $60.

Save even more on gas prices when you use an engine treatment that works even better with winter-blend fuel grade. GO15 is an engine treatment that increases your vehicles miles per gallon and lowers your emissions. It works by smoothing the metal surface in your engine, reducing friction giving you more miles per gallon.

fuel economy

6 Little Known Facts That Can Boost Your Fuel Economy

With the gas prices practically in the sky (at least it feels that way); everyone is looking for a way to save a few bucks at the pump this year. So here are six simple ways that you can make that MPG go a little further this year.

1. Old Engine Oil=Lower Fuel Economy

Yes, the quality of your engine oil does indeed affect your fuel economy. So make sure you change the oil in your car according to your vehicles maintenance schedule, and you will be a step ahead at the gas pump.

2. Stop Carrying Dead Weight

Here’s the deal; traveling with excess weight in your vehicle makes your engine burn fuel faster thus degrading your fuel economy. Want to get another boost of MPG’s? Start cleaning that car out to get rid of all the junk that isn’t being used. No matter how you make your car clean, just remember that the less weight your car carries, the more your gas mileage will improve.

3. Break Your Bad Driving Habits

Let’s face it; you and I both probably have some bad driving habits. Did you know, aggressive driving such as rapid accelerations and speeding can decrease your gas mileage by 33%! The more steady and consistent your driving becomes, the more fuel efficient your vehicle will be.

4. Cruise Control Won’t Help You

The fact that cruise control keeps you going at a constant speed doesn’t take in to account shifts in the terrain. Try it yourself. Set the cruise at 60 MPH and listen to how hard your engine accelerates when you drive up an inclined section of freeway. If all roads were flat, cruise control would be perfect for optimizing your fuel economy. But because most roads are made up of series’ of inclines and declines and are rarely flat, you have much more control over how your vehicle handles the road if your foot is actually on the pedal. So, stay in control of your cruising and you’ll be on your way to maximized fuel economy in no time at all.

5. Avoid Traffic

Ok ok, I know what you’re already thinking. How is not getting stuck in traffic a “little known secret’ to boost fuel economy?! Clearly no one in their right mind goes looking for traffic. Crawling along the road at a snail’s pace is not the most efficient way to use your limited gas supply.

6. Keep Those Tires Properly Inflated

I wasn’t going to include this tip, because I thought it was common knowledge that under-inflated tires drastically affect your fuel economy. Also, tires with low air pressure do a lot more than lower your fuel economy. Low tire pressure can also lead to premature wear, poor handling, and even massive failures while driving on the highway. So do yourself a favor, and swing by your local gas station and make sure check your tire pressure today.

gasoline

6 Facts about Gasoline that You Should Know!

Gasoline is such a big part of how Americans get from place to place. Gasoline is the sweet liquid that we depend upon every day to keep our cars and nation going. It is part of what has help propel the United States into a world power over the past century, and it is what powers the vast majority of motor vehicles; whether they are by land, sea or air. Here are six things that are important to know about gasoline and why they are important to us as everyday gasoline users.

Fact 1: The tax you pay per gallon

We all know that gas prices change on what seems like an everyday basis but the taxes you pay per gallon of fuel can vary wildly. The U.S. Energy Information Administration (EIA) has an excellent cost breakdown from the month of March, when gas prices averages at $3.53 per gallon. Basically, total taxation comes to 12 percent of that overall price. Federal excise tax equaled 18.4 cents, and by averaging state taxes on top of it, the EIA came up with the figure of 23.52 cents per gallon.

Each state has a different rate of taxation per gallon of gas, so where you live is the most important factor in determining the total price of filling up your tank. States like California and New York generally have higher taxes and the exact rates can boil down to a number of economic factors. Taxation can be used by legislators to encourage people to take public transport to ease roadway congestion or as measure to combat air pollution. The manner in which those taxes are applied also varies state to state through excise and sales tax.

Fact 2: Where does your gas come from?

Tracking down exactly where the gas you are pumping came from is downright near impossible. There are numerous variables in gasoline production, and the product that ultimately ends up at your neighborhood gas station most likely saw its genesis at a number of locations. The EIA doesn’t collect information as to the source of gasoline sold at local outlets, so its origin cannot be easily determined.

The product you’re purchasing could have been developed at a number of different refineries, own by any number of different companies. Gas producers also receive crude oil, which is refined into gasoline from a bunch of different sources, both foreign and domestic. Even after gasoline leaves the refinery, it often is blended with the products of other refineries through a pipeline, and then sold to gas stations in bulk. Basically, the fuel you’re putting into your vehicle can’t really be traced back to its definitive source.

Fact 3: How much fuel comes from a barrel of oil?

When news outlets report on oil and gas they generally talk about the production in barrels. One barrel commonly abbreviated to ‘bbl’ can contain up to 42 gallons of crude oil. From those 42 gallons, a U.S. refinery can generally refine roughly 19 gallons of gasoline.

Fact 4: Why does the U.S. export fuel when prices keep climbing?

Recent studies have shown that the U.S. is taking big steps towards limiting its country wide dependence on foreign fuel and that has come through a combination of increases domestic oil and natural gas production. As American oil producers ramp up production numbers, exports have been on the rise as well. The one thing we all find ourselves asking every time we roll up to the pump is, if production is increasing and the process is becoming more refined, then why do process keep rising? Why are American companies exporting fuel that we could use here to drive prices back down?

The answer is fairly complicated, but, in its purest form, basically gasoline producers can hit higher profit margins by sending their product abroad. There are other factors, like inadequate pipeline capacity and shipping constraints, which lead many companies to send petroleum products to easier-to-reach markets. Essentially, the amount of production and gas prices aren’t as closely related as people might think, and things like taxation could have a bigger impact. Companies will sell their product where they can secure the biggest profit, which is why exports have continued despite higher prices domestically.

Fact 5: Ethanol’s role

Over the past decade, ethanol has become a popular term in then energy lexicon, especially when discussing fuel prices and production. Ethanol itself is short for ethyl alcohol, a main component in most gasolines that can be produced from biological sources, like corn or sugar cane.

Ethanol is an additive for many fuels, and according to the EIA, makes up about 10% of overall gasoline consumption. Ethanol has grown to become a fixture in most gasoline sold at the pump, but the exact amount can vary by location. The basic role of ethanol is to oxygenate gasoline, causing it to burn cleaner and more efficiently.

Fact 6: How much CO2 is produced from Gasoline?

Burning fossil fuels is the main contributor toward increasing greenhouse gases in the environment, and motor vehicles are a big source of emissions. Burning a gallon of gasoline without any ethanol added produced 16.64 pounds of carbon dioxide, while burning a gallon of diesel produces 22.38 pounds, according to the EIA’s data. With added biofuel content, those numbers are reduced depending on specific blends.

As consumers and businesses look for ways to lessen their environmental impact, vehicle emissions should start to see a reduction in coming years. Companies like Tesla are taking steps to make cleaner technologies available to other car makers, which should add more competition and increase the number of electric cars on the road as well.

Muscle cars, GO15

8 Little Known Facts about the Muscle Car

Almost every red blooded American male loves a good muscle car. And why shouldn’t they? The Muscle Car is part of what makes American cars so special. They were created in America for everyone to love and drive. And we did just that! Not only did we fall in love with the muscle car when it was first created we still love it today. From the classic originals to the modern muscle car, we love them all! Here are a few facts about the muscle car that you probably did not know already.

Fact 1:

Mercury Cougar tail lights were used for the 1967 Shelby Mustangs while the 1968 model incorporated the ones from 1966 Ford Thunderbirds.

Fact 2:

Chevy never produced a 1983 Corvette. The second generation ended up in 1982 and the third generation started in 1984. Some say Chevy needed more time to fit the emission regulations, others claim it was quality bugs at the factory. All 1983 prototypes, except for the one that is at the Nation Corvette Museum, were destroyed.

Fact 3:

Daytona’s aerodynamic drag coefficient is 0.28 – great one for nowadays too. The radical height of the rear wing is said to be not that necessary, the idea was to be able to fully open the trunk.

Fact 4:

Pontiac T-Top roof for the 1976 models were made by Hurst. But they leaked, so Pontiac developed their own version and launched it in the 1978 models. Still, so of the 1978 Firebirds had the Hurst one (aka “Hurst Hatch”).

Fact 5:

The 1969-1970 Ford Mustang Boss 429 had three different engines installed. The “S-Code” was hardcore but had warranty problems due to incorrect assembly process so the lighter-duty version “T-Code” was developed. The product ended with “A-Code” which had new valvetrain.

Fact 6:

Chevy did not allow any other Chevrolet to be more powerful than that of its top performance car – the Corvette, until the LS6 was made.

Fact 7:

Chevrolet actually developed the ZL-1 427 engine for races. COPO Camaro used that V8 at the Can Am series.

Fact 8:

Pontiac picked up the leftover GNX turbocharged engines from Buick and used those for 1989 20th anniversary Trans Am muscle cars.

How do gas prices effect your engine treatment?

The more you spend on gas, the more you spend on the engine of your car and the engine treatment then too. The cost of gas has always been going up, so then the cost for engine treatment has been increasing too. And with the steady increase in gas comes the pain we feel when we see how much it is costing to fill that tank all the way up. But here in the United States we do feel less of a pain at the pump than most countries. There are only 5 countries that feel less of a pain at the pump than Americans do. Four of those five countries are OPEC (Organization of Petroleum Exporting Countries) members; those five countries are Venezuela, Kuwait, Saudi Arabia, United Arab Emirates and Luxembourg.  Despite the fact that gas is so expensive, we in America are lucky because we have access to GO15. GO15 will help increase your fuel economy and lengthen your engine’s life.

What Country pays the most for gas?

Save on Gas PricesThere are only two countries that have extreme pain at the pump. Pakistan and India both have a gallon of gas that costs more than one whole day worth of work. In Pakistan the average daily wage is $3.55 yet a gallon of gas costs $4.08.

Norway, however, has the most expensive gas price in the world. They are topping the list at $9.79 a gallon of gas. Even though their gas price is so high, it only costs Norwegians 3.6% of their daily income to pay for a gallon of gas.

GO15 Helps Reduce the impact of Gas Prices

WhiteSMALL However, GO15 is proven to help you save at the pump. When you use GO15 there is an improvement in the Ring to Cylinder Wall Seal. This is developed by GO15 and that creates a Higher Combustion Efficiency resulting in improved mileage performance.

Although when it comes to the consumption of gas, Americans are number one, at 1.2 gallons per person each day. That is 31% more than Canadians who are number two in consumption. While our average daily consumption is the highest in the world, our percentage of daily income spent on gas is average, if not less than average of that of the rest of the world. Americans average a daily income of $151 and of that we spend 2.5% of it to buy gas.

Avoid Higher Gas Prices in March

March is one of the worst months of the year to buy gas and the reason is simple. Oil Refineries undergo maintenance this time of year as they are transitioning to a formula for the warmer months ahead.

When they go through this maintenance they cut production of fuel which limits gasoline supply.  As a simple rule of thumb is that a lower supply leads to higher prices. The increase in gas prices will be around 10 cents a gallon  and possibly up to 20 cents a gallon in California. According to the Energy Department’s U.S. Energy Information Institute,  the average gas price is $3.48 which is higher than a week ago. Usually the maintenance lasts until April or May so you can avoid these increases if you use GO15 in your vehicle.

GO15 engine treatment is proven to help you save at the pump. When you use GO15 there is an improvement in the Ring to Cylinder Wall Seal. This is developed by GO15 and that creates a Higher Combustion Efficiency resulting in improved mileage performance.

These reductions in surface tension reduce the metal-to-metal friction and result in an improvement in all of the fundamental operating efficiencies including increased fuel mileage, longer engine life and a significant lowering of emissions.