Saving Money at the Gas Pump

Aug. 15, 2005 — -- Gas prices are going through the roof. The average price of a gallon of regular is now $2.50 a gallon, up 20 cents in the last month and 70 cents since the beginning of the year, according to the nationwide Lundberg survey of about 7,000 gas stations. The most expensive gas station in the country, in Needles, Calif., is charging $3.29 a gallon.

But there are things you can do to save money at the pump -- even if you can't trek all the way to Evanston, Wyo., which has the nation's cheapest gas at $2.12 a gallon. Brad Proctor, founder of gaspricewatch.com, appeared on "Good Morning America" with tips on how to make the trip to the gas station less painful for your wallet.

And, if it makes you feel any better, when adjusted for inflation, the price of gas hasn't reached a record yet. The all-time high, $3.03 a gallon in today's dollars, was set in March 1981-- 63 cents higher than today's average.