4.4 • 1.3K Ratings
🗓️ 29 April 2023
⏱️ 10 minutes
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0:00.0 | This is Optimal Finance Daily, episode 2289. |
0:04.4 | How to Save on Gas, an amazing 45% by Gordon Stein of cashflowcookbook.com |
0:11.7 | And I'm your host and personal finance enthusiast, Diana Mariam. |
0:15.9 | This is the show where I serenade you with the sweet sounds of personal finance knowledge |
0:20.4 | from some of the best money blogs on the planet. |
0:23.4 | So with that, let's get right into today's reading and start optimizing your life. |
0:31.0 | How to Save on Gas, an amazing 45% by Gordon Stein of cashflowcookbook.com |
0:40.2 | Everyone is looking for a way to save on gas. |
0:42.6 | That's a big change in the last year. |
0:45.2 | Back in 2020, in the middle of the COVID calamity, the world appeared to be ending. |
0:51.0 | Everything was shuttered, traffic disappeared, with no demand, oil prices plunged and then dropped to negative values. |
0:59.0 | Oil storage tanks were filled to the brim and there was no place to store the stuff. |
1:04.0 | We never got to the point where gas stations were paying people to fill their cars, but we weren't far from it. |
1:10.0 | Since then, the COVID restrictions lifted and people started traveling. |
1:15.0 | The highways filled, oil demand returned. |
1:19.0 | Then Ukraine was invaded and global oil supplies dropped. |
1:23.0 | Prices soared and were all facing price pressure at the pumps. |
1:27.0 | Is there a way to really save on gas? |
1:30.0 | The usual approach is to save on gas. |
1:34.0 | Yes, you can get a gas loyalty card to save about 5 cents a gallon. |
1:39.0 | That's about 1.4%. |
1:41.0 | If you drive 15,000 miles and your vehicle gets 25 miles per gallon, you buy about 600 gallons a year. |
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