How to cushion the financial hit from sky-high gas prices

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How to cushion the financial hit from sky-high gas prices
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How to cushion the financial hit from sky-high gas prices KPRC2

Prices are displayed on a sign at a gas station in Milwaukee on Monday, March 14, 2022, with a billboard for medical services in the background. The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon as Russia's invasion of Ukraine is contributing to already-high prices at the pump. Fueled largely by Russia's invasion of Ukraine, gas prices worldwide have skyrocketed.

And if you're like many people, the prices of both new and used cars are so high now that it may be prohibitively expensive to buy another, more fuel-efficient vehicle. That's if you could find one. New and used vehicles are in historically short supply. — Make sure there's enough air in the tires. Underinflated tires create more rolling resistance with the pavement, thereby reducing gas mileage. Inflate your tires to the pressure recommended on the inside of your driver's side door. Check them periodically with a tire pressure gauge. “Typically, your gas mileage is going to be impacted by about 5% to 10% if you don't have proper inflation,” said David Bennett, manager of repair systems for AAA. But don't over-inflate.

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