New Study Reveals 40% of Americans Have Overpaid for Gas in Last Month

February 20, 2024

GasBuddy’s annual Pump Habits survey reveals money-wasting habits drivers can’t shake

(February 20, DALLAS) – Americans love to hate gas prices, and it’s understandable after the last few years of heightened volatility at the pump. However, most drivers don’t realize that they have some control over how much they spend on gas. GasBuddy, the leading fuel savings platform saving North American drivers the most money on fuel, today released the results of its Pump Habits survey, revealing costly behaviors when it comes to filling up.

Key findings:

  • 28% of Americans have run out of gas. Running on empty limits options for fueling up, causing drivers to overpay for gas. GasBuddy recommends drivers fill up when their tank is at least three-quarters empty to be able to find the best prices.
  • 76% have purchased gas only to drive by cheaper station moments later. Checking gas prices before filling up alone can save drivers over $250 on fuel costs every year.
  • 81% have a gas station they regularly go to. Often, purchasing gas from the closest or most convenient station isn’t the most affordable option. Drivers should keep their options open when choosing where to fill up and sign up for multiple loyalty programs.
  • 58% prefer to pay for gas with a credit card. While credit cards that offer cash back for fuel purchases can be a great option, other cards like Pay with GasBuddy provide more flexibility and don't require annual fees or a credit check.

“Gas prices over the last few years have become increasingly unpredictable,” said Patrick De Haan, head of Petroleum analysis for GasBuddy. “But that doesn’t mean how much we pay at the pump is completely out of our hands. By paying attention to bad habits and utilizing a few tools available to them, drivers can save as much as $1 per gallon on every fill up.”

By falling victim to old habits including running on empty, not shopping around, and not taking advantage of loyalty programs, GasBuddy estimates drivers can waste a cumulative over $400 annually. For information on saving money on gas, visit the GasBuddy blog.

Methodology: GasBuddy’s 2024 Pump Habits survey was taken by 1,349 GasBuddy users from February 5 to February 12, 2024.

About GasBuddy

GasBuddy is the leading fuel savings platform providing North American drivers with the most ways to save money on gas. GasBuddy has delivered more than $3.5 billion in cumulative savings to its users through providing real-time gas price information at 150,000+ stations, offering cash back rewards on purchases with brand partners, and through the Pay with GasBuddy™ payments card that offers cents-off per gallon at virtually all gas stations across the US. As one of the most highly rated apps in the history of the App Store, GasBuddy has been downloaded over 100 million times. Acquired by PDI Technologies in 2021, GasBuddy’s publishing and software businesses enable the world’s leading fuel, convenience, QSR and CPG companies to shorten the distance between the fueling public and their brands. For more information, visit www.gasbuddy.com.