Is it time to fill up your tank? If you can wait until the best day of the week to buy gas, you may save yourself some big bucks over time.
GasBuddy says the company has analyzed three years of fuel price data to determine the best day of the week to take a trip to the gas station.
The result? Monday is the winner. The worst day? Thursday, as it has the most expensive average, according to GasBuddy.
The company does note that the best day changes year-to-year and state-to-state, but if you shop for the best prices, you could end up saving an average $325 a year.
“The rise in average prices towards the weekend could be to blame on an influential report from the Energy Information Administration (EIA) issued weekly on Wednesdays, which could push prices higher the day after, depending on if data in its report is as expected or a surprise,” said Patrick DeHaan, senior petroleum analyst at GasBuddy, in a news release. “Since commodities trading isn’t active over the weekend, it typically allows stations to ‘let it ride’ over the weekend, culminating in lower prices by the start of the work week.”
