Slow down – save cash on gas by driving the speed limit

Posted on July 15, 2008. Filed under: Personal Finance, Travel & Leisure, Uncategorized | Tags: , , , |

According to an article in the San Jose Mercury News yesterday:

Drive 60 instead of 75 and it’s like shaving prices at the pump by 30 to 35 cents a gallon.

If you drive 12,000 miles a year in a Taurus or Camry that gets 25 mpg, driving 60 instead of 70 results in an annual saving of $250; for pickups, $470; for SUVs, $750.

“I think telling people how much gas is saved at lower speeds would do more to slow people down than a new speed limit,” said traffic reporter Joe McConnell. “You have to somehow make it cool to slow down in the same way it’s cool now to be green.”

Read the full article from the Merc.

Maybe they can develop some Public Service Accouncements to help make it cool to slow down by licensing and changing the lyrics to Sammy Hagar’s biggest classic rock solo hit to “I CAN drive 55″ (or even 65). — BudgetMaven

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