Money: 3 Ways to Cap Gas Prices

While you can’t control rising gas prices, there are things you can do to ease the pain at the pump. Here are three money-saving tips you need to know!

GREENSBORO, NC — Gas prices are high now, but by Memorial Day weekend, expect them to climb even higher. Analysts say gas prices could average $6 a gallon by summer.

Everyone feels the pinch at the pump and cost is everyone’s problem, but what’s the solution?

Financial expert Ja’net Adams says that while you can’t control gas prices, there are three key things you can do to help ease the pinch at the pump.

“I have no problem with the market working the way it’s supposed to. When supply exceeds demand, prices go down and vice versa. When demand exceeds supply, prices go up. But right now , it looks like market moves are pushing gas prices up and it’s starting to look like greed on the part of many companies and industries, in the name of inflation,” Adams said.

Adams, who wrote the book, The money attractor shared three ways to make a difference in your portfolio and on prices as a whole.

1. Don’t just sit and take it:

You don’t have to accept any price. Compare the prices!

“You don’t have to buy what’s in front of you. Take your time and look for the cheapest option. It may take longer, but it could save you hundreds of dollars a month. “grocery store that gives you the lowest overall bill. Find the gas station with the lowest price,” Adams said.

“In the beginning, companies hid behind inflation and raised prices. They blamed the Ukraine/Russia conflict, but eventually prices went down and then back up for no reason,” Adams said. “There are gas stations where the price is $4.24 a gallon and then at another gas station around the corner it’s $3.98. There’s no reason for a $0.25 difference!”

If you are going through a similar situation, you should report the gas station and any other business that you believe is taking advantage of the current economic situation. In North Carolina, you should contact the Attorney General’s Office by calling 1-877-5-NO-SCAM or 919-716-6000.

You can also file a complaint online with the North Carolina Department of Justice by clicking here.

“Most companies are betting that the American people will take whatever they give us. But this is an election year. During election years, local, state, and federal officials tend to listen to their constituents. You should be by emailing and calling them or showing up at their campaign stops If you’re upset about food prices, tell them! “You tell them. If you’re financially uncomfortable, it’s time to make them politically uncomfortable,” Adams said.

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