You're More Likely to Overpay at Pump When Average Price Is Low
- Washington has biggest spread on gasoline prices, report finds
- Smart consumers in larger U.S. cities can save $60 a month
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The spread between the most and the least being charged for gasoline at the pump is headed toward the highest level in 7 years in U.S. cities, suggesting motorists need to shop wisely to keep from overpaying.
That’s the message from GasBuddy Organization Inc., which tracks fuel prices nationally. The average price of gasoline now sits at $2.31 a gallon. That’s up slightly over last year, but lower than 2010 through 2015. The spread between local stations tends to grow as the average price falls, analysts at GasBuddy said in a report on the first three months of the year.