Eleven Simple Ways to Beat Record-High Gas Prices

[Inside Wall Street with Nomi Prins]( Welcome to Inside Wall Street with Nomi Prins! Every day, Nomi shines a light on The Great Distortion. It’s a permanent disconnect between the markets and the real economy. And it’s set to intensify… Nomi believes the next chapter of The Great Distortion will begin in August, thanks to an event that is guaranteed to happen. It could trigger a $4 trillion market shock… Nomi held a special briefing about it on Wednesday night. In it, she revealed the details of a new strategy she has developed to help investors navigate these distorted markets. With it, you could make up to 10x in less than a month, even if stocks are crashing. If you missed that briefing, [you can watch the replay here](. Top note: Maria Bonaventura here, Rogue Economics’ senior managing editor. Last Wednesday, Nomi held an urgent strategy session. She showed us how to come out ahead in the next chapter of what she calls The Great Distortion. This week, we hand over the reins to colleague Grant Wasylik. Grant is a senior investment analyst for Palm Beach Research Group. And he has close to 20 years of experience in the investment business. Below, Grant shares 11 tangible ways to save money on gas, which can help you manage rising everyday expenses in The Great Distortion. --------------------------------------------------------------- Eleven Simple Ways to Beat Record-High Gas Prices [Grant Wasylik] By Grant Wasylik, Analyst, Palm Beach Daily Last week, the U.S. national average for a gallon of gas hit an all-time high of $5… And in places like Mono County, California, prices were as high as $7.23 for a gallon of regular. So when my 80-year-old neighbor told me he remembers buying gas for around a quarter a gallon in the 1960s… he was absolutely fuming about paying nearly $5 – or more – today. Now, some of us can probably remember paying about $1 for a gallon in the 1990s… and as for the 1960s, my neighbor wasn’t too far off. Sixty years ago, the average price of gasoline nationwide was 32 cents. If you adjust for inflation, that 32-cent price in 1962 is equivalent to $3.06 in 2022. So instead of a nearly 13x increase since then, technically, it’s less than a 50% move. Recommended Link [One Stock Doubles Your Money, During Crisis?]( [image]( We all knew it was coming to an end at some point, right? We’ve been in one of the longest bull markets in history, with the S&P surging well over 800%. But now the chickens have come home to roost. The Nasdaq is down 23%... Dow down 9%... and S&P 500 down 13%. But Jeff Clark couldn’t care less. Because he ignores almost every single stock in the market. [Instead, he’s quietly become financially free trading ONE stock… ONCE per month.]( Check it out. Here’s one of Jeff’s recent recommendations… [| “One Stock” | $61 Cost | 390% Gain | 27 Days |]( And anyone could have collected a monster 390% gain in just 27 days – regardless of market conditions. Now, he’s giving a DEMONSTRATION to show you how to get started with less than $100. [Click here to Watch.]( -- Still, I can’t blame him for being upset… With inflation at a 40-year record high… home prices out of reach for many Americans… skyrocketing food prices… and the war in Ukraine… paying more to fill the gas tank is taking an economic toll on many Americans. And unfortunately, lowering fuel prices isn’t as easy as some folks in the media want us to believe… According to analysts, there are only two surefire ways to reduce long-term gas prices: Drilling for more oil or reducing our dependency on it. And since those two ideas tend to fall on opposite sides of the political spectrum, it’s unlikely we’ll see any meaningful moves in either direction in the near term. [Featured: Be Warned: Fill Up While You Can, America…]( Fortunately, there are steps you can take now that don’t require action from the federal government. I’m not talking about conventional investments like Exxon Mobil (XOM), the United States Gasoline Fund (UGA), or the United States Oil Fund (USO). Although, they are viable ways to play rising prices in the short term. Instead, I’m going to give you something much more valuable… Advice that will help you save on gas in the long term – no matter where prices go from here. Recommended Link [The media is right about one thing – we are about to witness a huge economic crisis...]( [image]( We all know the mainstream media will say anything for more viewers and clicks... But folks who are distracted by this kind of propaganda are about to be left behind. [According to renowned economist Nomi Prins, we’re about to see a crisis…]( But not the kind of crisis most people expect. This is unlike anything we’ve ever seen before... [Click here to see Nomi’s newest prediction before it’s too late.]( -- My Top Pump-Savings Tips for 2022 Gasoline is a necessity… We hit gas stations on an as-needed basis. And even in today’s remote-work environment, we still need our cars to pick up groceries or run errands. Rising gas prices hit even harder for people like my neighbor, who’s on a fixed income. And like many of us, he wants actual solutions… not a political blame game or speculative market plays. [Featured: Tech World Legend: This Is About to Cancel Wall Street]( So if you’re willing to be open-minded and disciplined, here are 11 tips for saving gas money: - Buy gas early in the week. A GasBuddy study reports Monday is the best day of the week to buy gas. Since there’s variation across states, you can view GasBuddy’s Best and Worst Days to Buy gas early in the week Buy Gas, By State. - Download a free gas-price finder app. GasBuddy, Gas Guru, and Gas Prices by MapQuest are all top-rated apps. They are easy-to-use ways to find the cheapest gas station(s) in your area. - Pay in cash. Some gas stations offer lower prices if you pay cash. They usually advertise it on their price boards, and the difference can be as much as 10 cents or more per gallon. - Use a credit card with max gas rewards. See NerdWallet’s Best Gas Credit Cards of May 2022. Make sure to pay off the charges each month to avoid paying interest. - Purchase discounted gas gift cards online. Sites like Gift Card Granny, CardCash, and Gift Card Place offer discounted gas gift cards. - Sign up for a gas station reward program. Most gas stations (ExxonMobil, Shell, Speedway, etc.) have them. - Take advantage of warehouse clubs. BJ’s, Costco, and Sam’s Club price gas cheaper as an extra membership incentive. - Keep your car in good shape. Maintain a clean air filter… keep tires properly inflated and aligned… stay on top of oil changes, and use the recommended grade. Basically, stick to a regular maintenance schedule. - Drive sensibly. Speeding and jackrabbit starts and stops hurt fuel economy. Use cruise control when possible. - Use GPS. A navigation app like Waze, Google Maps, or Apple Maps will provide the most efficient route to a destination. - Consider alternative transportation, if you can. Carpool. Ride a bike. Or use public transportation. Of course, similar to using coupons at the grocery store, these tips will only save you a few cents here and there on your gas prices. But every little bit counts… and over time, they’ll add up to a bundle. Even better, these tips can help you save at the pump whether prices are up or down. So it’s a great way to turn spare change into a bigger bankroll. Recommended Link [Disturbing In-Store Footage Indicates Next Major Banking Crisis Imminent]( [image]( Why are all these random shortages popping up? And why is everything getting so darn expensive? That’s what we set out to uncover [inside the aisles]( of this American superstore. As our chief crisis investigator Dave Forest explains: “In the coming days – we could go from empty shelves… to empty wallets… and most won’t know what hit them.” Inflation is only part of the story. The real threat, Dave says, is the [“Crack-Up Boom” coming to America.]( [Click here for full details.]( -- Start Small, Save Big With no end to inflation in sight, gas prices could stay where they’re at… or even go higher in the months ahead. Pair that with supply chain issues and the ongoing war in Ukraine, and it’s easy to see why people like my neighbor are so upset. It’s becoming more expensive to do necessary things like buy food, cool your home, or drive your car. So if you don’t already do them, try a few tips from the list above for about a month. Then compare what you paid for gas this month versus the month before. The tips I shared above aren’t a silver bullet for rising gas prices… but saving a little bit here and there will add up over time. Regards, [signature] Grant Wasylik Analyst, Palm Beach Daily --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Eleven Simple Ways to Beat Record-High Gas Prices). --------------------------------------------------------------- MAILBAG A reader shares thoughts on Nomi’s writings on the renewable resource movement… and the issues he foresees. I am curious to hear what entities stand to profit on the “back end” of the renewable resource movement. The disposal of used solar panels and rare earth batteries is going to become a large issue within the next few years. A secondary, but related, issue is the fact that solar panels from China, in particular, are being exposed for shorter-than-expected lifespans. Pressure for domestic production of these components could rise for a multitude of quality and political reasons. Investing in domestic manufacturers would be an attractive strategy for many. – Marty B. Another reader disagrees with Nomi’s recent statements on the position of the U.S. dollar as reserve currency, and China’s push for power (catch up [here]( and [here]( I respectfully disagree that the predominant position of the U.S. dollar is secure in my lifetime. China's strategy starts with taking Hong Kong and folding its GDP into theirs. Add the belt and road initiative, which is designed to be a win-win as they build infrastructure and future China economic dependence. They then take Taiwan and absorb its $1.48 trillion dollar GDP into theirs. China agreed to support Russia’s “Special Operation” in Ukraine, hoping it succumbs to Russia and becomes a future trading partner, also legitimizing its takeover of Taiwan. Russia, being the third largest producer of oil, then agrees to exchange oil for petroyuans, as does Saudi Arabia. Along comes Venezuela and Nigeria… and others, as well. Iran’s oil production neutralizes and becomes a non factor as it remains a political rival to the West and its regional politics excludes it from geopolitical inclusion. European countries like Germany (who isn’t fully committed to the Ukraine conflict for the following reason), Hungary, and some others remain dependent on Russian oil and subsequently agree to pay in yuan, which tips the outcome. As the U.S. economy continues to deteriorate, requiring ever more dependency on Chinese production, the conversion to the yuan becomes almost automatic. It won’t be disruptive to the world… just us. The final win for China in the win-win equation. (My point: China is desperate to establish the yuan as the world’s reserve currency. It resolves all issues economic as well as political for them going forward. As world economic domination is the goal, the ultimate dispute will be China vs. Russia as the U.S. takes an also ran position. The future looks ugly. – Jon G. Which of Grant’s “pump saving tips” would you use to save money on gas? Do you agree with reader Jon G. that the future looks ugly as China and Russia fight for world economic domination? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Eleven Simple Ways to Beat Record-High Gas Prices). IN CASE YOU MISSED IT… [Live from Miami – the crypto capital of the U.S…]( [America’s Boldest Bitcoin Experiment]( “Watch me test a little-known crypto move, on the fly, and see how to make 10-times more money from Bitcoin… right in any regular brokerage account.” This works whether Bitcoin goes to $100k - or $10k! 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