Tuesday, July 1, 2008

How To Save (Or Lose) Money On Gas!

This Miami based company called MyGallons, came up with an idea to help people save on the ever-so ridiculous gas prices. It basically works like a pre-paid account, where you get a plastic card that you fill up with ''pre-paid gas money", at a locked price. So let's say the locked price today is $3.50 per gallon, and you buy $100 worth of pre-paid gas, if the price of gas goes up to $4.50 a gallon in a few weeks, you can save up to $1 a gallon! But this is a double-edged sword, if prices drop (for some un-godly reason), you would be losing $1 a gallon. The only catch is there is an annual membership fee of $29.95 - $39.95, which doesn't seem so bad at the rate of the price increase presently. I suggest you all to check out the site and read more about it, as it can potentially save you lots of money on gas.

Link: MyGallons
News Article

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