But while the cost of fuel isn’t likely to decelerate for a while, there are tangible things drivers can do to wrestle back a little control over what they pay at the pump.
De Haan notes prices have recently dropped from their mid-June highs — but a return to normalcy “may take some time.”“I don’t see us getting back to norms for potentially a year or two, maybe three,” says De Haan. “Oil is cyclical, and high prices will eventually lead to lower prices, which will eventually lead to higher prices. There’s never a perfect balance.”
Researchers then asked if drivers were planning to change their habits due to fuel prices. Seventy per cent expected to be impacted in some way, with 15 per cent saying it would change their habits “a lot,” 19 per cent anticipating “somewhat” of a change and 36 per cent planning “a little” change. For those willing to change their habits, there are simple steps that can help reduce gas costs.Article contentObviously, the best way to avoid high gas prices is to cut back on your driving.
While those may not seem like dramatic changes that will impact your gas consumption, D’Arbelles says in combination, they could save drivers up to 20 per cent on fuel in a year.Article content
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