Yes, Fill Up — But Don’t Panic
Filling your tank when you see a price you can live with is a smart, low-risk move right now. Gas prices have been rising steadily since strikes began on February 28, and most analysts expect continued increases.
However, don’t hoard gasoline. There is no gas shortage. Supply chains within the US are functioning normally. The price increases are driven by global oil market dynamics, not a lack of fuel at your local station.
How to Save on Gas Right Now
Use price tracking apps:
- GasBuddy shows real-time prices near you
- Costco and Sam’s Club typically have the lowest prices
- Some grocery store loyalty programs offer fuel discounts
Driving tips that matter more now:
- Drive 60-65 instead of 75+ on highways (saves 10-15% on fuel)
- Remove roof racks when not in use (reduces drag)
- Keep tires properly inflated
- Avoid idling — turn off the engine if stopped for more than 30 seconds
- Combine errands into single trips
Payment savings:
- Some stations offer a 5-10 cent discount for paying with cash instead of credit
- Credit cards with gas cash-back categories (Citi Custom Cash, Costco Visa) can offset some increases
Will There Be Actual Shortages?
Unlikely in the short term. The US produces more oil domestically than it did during previous Middle East conflicts. The Strategic Petroleum Reserve is also available as a buffer. The bigger issue is price, not availability.
What to Watch
If Strait of Hormuz closures persist beyond a few weeks, or if the conflict expands to affect other oil-producing regions, the situation could worsen. Stay informed and plan ahead.