Some drivers insist the best time to buy gasoline is on a Wednesday, when pump prices have cooled from the weekend run-up when oil companies typically raise prices.
That's true to a point, says Tom Kloza, chief oil analyst at the Oil Price Information Service. Gas prices tend to be higher on the weekend, but there's no ideal day of the week to purchase your gas.
Geoff Sundstrom of the motorist organization AAA notes that gas prices fluctuate from day to day and are determined by gas station owners who look at a variety of factors including wholesale gasoline prices, competitors' prices and food and drink sales if they have an attached convenience store.
Drivers who want to bargain-hunt for inexpensive gas should instead check out Web sites like Gasbuddy.com, which allows consumers to find the cheapest gas in their area simply by entering their zip code.
Tuesday, June 17, 2008
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