If you’ve stopped at a gas station lately, you might have been shocked to see the price on the big signs. Even if your gas station charges a different amount for credit card users than for cash customers, sometimes called a “cash discount” even though it’s the cash price that’s competitive with other stations, the lowest prices are higher than ever.

According to AAA, the average gas price across the country is now $3.76 per gallon. It’s not a record, but it’s getting close. Blame it on Obama, Bush, Iran, or Saudi Arabia; it doesn’t change the situation. The best we can do as consumers is to do our best to reduce our reliance on gasoline for transportation.

Here are a few tips for saving money on gas.

• Use technology to save money. Smartphone apps can tell you the locations of the gas stations with the best prices along your path. With this information, you don’t need to drive out of your way, wasting fuel, to get to those low-cost stations.
• Use the best gas rewards credit cards. If your spending is in check, use credit cards that offer the best rewards for fueling your vehicles. If you can get 5% on your gas spending, you could have an advantage over people paying cash, but you’ll have to compare that option with the stations that offer a cash discount.
• Maintain your car properly. Use a trusted mechanic, watch the performance of your tires, and keep your car clean and empty. Small changes in your tires and vehicle weight can affect your gas-mileage, so keep your car running efficiently.
• Travel less. Work from home more often. If you’re shopping for a new job, consider mass transportation or car-pool options. In the last year, since working from home, I still drove 10,000 miles. That’s down from 14,000 miles over the prior year. The year before that, I drove 15,000 miles.
• Consider a more efficient vehicle. While I generally don’t consider it a good idea to replace a perfectly functioning car just for efficiency, if you’re shopping for a new car, it may be worthwhile to buy something partially powered by electricity. This isn’t the best plan for all drivers, and the cost vs. benefit calculation often takes a while for the increased cost of these vehicles to break even through savings on gas.
• Plan your trips efficiently. If you can combine your errands requiring transportation rather than venturing out several times each week, you can save gasoline and money. Plan your routes in a way that reduce the total number of miles driven rather than retracing your path.
• Use an investing strategy to hedge against gasoline price increases. It may seem counter-intuitive when your plan is to reduce reliance on gasoline, but by investing in the oil industry, you benefit when companies profit from higher gas prices. If, however, companies don’t increase their profit with higher prices, then you’re stuck paying for higher gas without a strong investment to compensate.

About a year ago, I asked if Consumerism Commentary readers were ready for gas prices of $5.00. That level as an average is starting to look like a reality for the near future. While some commentators often remind Americans that people in other current countries often pay much more per gallon than those of us lucky to live in the United States, it’s not exactly a comfort to people who have built their lives around the ease of transportation.

What are your tips for saving money on gas?

Photo: crowt59

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Last week, the White House released a Consumer Privacy Bill of Rights. This isn’t a law or regulation, but a set of guidelines that could possibly underscore future actions by Congress and enforcement by the Federal Trade Commission. Private, personal information should be private and personal, but when consumers enroll for any type of service, the terms of use of those services often require signing away the rights to this information.

If, for example, you’d like to use Facebook to share photographs with your friends and see what they’ve been doing lately, you must agree to the service’s policies which include the service’s ability to keep your personal data on file and use it to deliver targeted ads and to track the other, non-Facebook websites you visit.

The Consumer Privacy Bill of Rights aims to give consumers more control of their personal information. Some of the guidelines are common sense, and many companies already follow these guidelines or come close. Codifying these principles is a positive step towards making consumers aware of expectations for the companies they interact with every day, like social media websites, banks and other financial institutions, and retailers.

Here are the main points:

Consumers have a right to exercise control over what personal data companies collect from them and how they use it.

• Companies should give consumers choices about how companies collect, use, and share personal data.
• The ability to make these choices should be easy to use and easily accessible.
• The ability to change these choices after initially selecting them should be just as easy to use and accessible.

Consumers have a right to easily understandable and accessible information about privacy and security practices.

• Companies should clearly explain how personal information is collected and used internally and with third-parties.
• Companies should clearly define the policy for deleting private customer data.

Consumers have a right to expect that companies will collect, use, and disclose personal data in ways that are consistent with the context in which consumers provide the data.

• Companies should not provide consumers’ personal information to third parties who will use that information for a different than it was intended. For example, if I, as a Facebook user, “like” the band Pink Floyd, I shouldn’t begin receiving emails from Amazon.com advertising Pink Floyd albums.
• Companies have a right to ask whether any particular customer would consent to this type of information sharing.

Consumers have a right to secure and responsible handling of personal data.

• From the text of the Privacy Bill of Rights: “Companies should assess the privacy and security risks associated with their personal data practices and maintain reasonable safeguards to control risks such as loss; unauthorized access, use, destruction, or modification; and improper disclosure.”

Consumers have a right to access and correct personal data in usable formats, in a manner that is appropriate to the sensitivity of the data and the risk of adverse consequences to consumers if the data is inaccurate.

• Companies should ensure the data they collect is accurate and current.
• Consumers should be able to review and correct stored information.
• Consumers should be able to request stored information be deleted.

Consumers have a right to reasonable limits on the personal data that companies collect and retain.

• Companies shouldn’t collect more information than necessary.
• Companies should securely dispose of information when no longer needed.

Consumers have a right to have personal data handled by companies with appropriate measures in place to assure they adhere to the Consumer Privacy Bill of Rights.

• Consumers should expect companies to follow these guidelines.
• Both companies and consumers should expect the employees of companies collecting users’ personal information to follow these guidelines.

Time, CNN

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