If you’ve felt sticker shock over rising gas prices, you are not alone. Average gasoline prices in the U.S. are up 50 cents per gallon since January according to GasBuddy. Prices are up 28 cents in just the last month according to an April 8th report from American Automobile Association, putting the average national price at $2.74 a gallon.
Higher gas prices heading into spring and summer are normal, and have a lot to do with the change over from winter to summer gasoline, tighter inventories and higher demand. But there is something you can do that could potentially help ease some of that pain. Time when you get your gas and try to buy it early, not late, in the week.
Best Day To Save Money: Monday
GasBuddy analyzed gas price data from the period of January - March 2019. Researchers found that the first day of the work week offers the lowest average gas price in 30 states, making it the best day to fill-up. While Saturday is the worst day to buy gas in 16 states, Friday has the most expensive average price of any other day of the week.
“Finally consumers have reason to be motivated about Monday since it offers the biggest savings on gasoline and little wait, if any, to fill up,” says Patrick DeHaan, head of petroleum analysis at GasBuddy. “As the week progresses and our excitement builds for the weekend, gas prices also have a tendency to rise. The most expensive day to fill-up barely remains Friday when looking at averages, while 16 states saw Saturday have the highest average price. Sundays represented the third-worst day to fill up, bringing our study to a conclusion that weekends are the worst time to fill up. You might as well flush money down the toilet.”
GasBuddy also analyzed GasBuddy foot traffic data in the same timeframe and found that gas stations across the country are least busy on Sundays, followed by Mondays. Friday is the busiest day, with 5pm being the busiest time for gas stations nationwide.
“While filling up on a Sunday can save time, it doesn’t save money,” says DeHaan. “Our data shows that filling up on a Monday morning each week can collectively save drivers $2.1 billion and avoid the possibility of playing bumper cars at the pumps.”
Commuters looking to avoid the lines should fill-up on Monday or Tuesday between 7 - 10 a.m.