Have You Noticed the Surging Gas Prices Across the U.S? Here’s How to Save This Holiday Season and Get Support

As gas prices climb across the United States, drivers feel the pinch at the pump. In recent weeks, the Midwest and New England regions reported noticeable increases in gas prices, with New Jersey announcing a tax hike set for next month.

Meanwhile, Colorado and New York saw a steady rise, and California faces projections of even higher costs in the coming year.

For many, these shifts make it harder to stretch already tight budgets.

The good news? There are government programs and strategies to help ease the burden.

Here's what you need to know.
 

What’s Driving These Increases?

Seasonal fuel demands, regional tax adjustments, and global market fluctuations are just a few culprits.

States like New Jersey are bracing for a planned gas tax hike, impacting residents directly.

California’s stringent environmental regulations and refining challenges on the West Coast could lead to even more significant increases in 2024.
 

How to Offset Rising Gas Costs

1. Federal Tax Credits for Commuters

Programs like the Federal Commuter Tax Benefits allow employees to save on commuting costs, including fuel.

Ask your employer if they participate in this program or check out IRS Commuter Tax Benefits.
 

2. SNAP Benefits for Budget Relief

While gas prices strain wallets, eligible families can redirect funds saved through Supplemental Nutrition Assistance Program (SNAP) benefits to cover rising transportation expenses.

Learn more at Benefits.gov SNAP.
 

3. Low-Income Energy Assistance Programs (LIHEAP)

Higher gas prices often coincide with increased utility bills. LIHEAP offers support for low-income households struggling with energy costs, freeing up funds for fuel.

Visit LIHEAP for details.
 

4. State-Specific Fuel Assistance

Many states offer their own relief programs. For example, California’s Middle Class Tax Refund can help offset rising costs for qualifying residents.

Check your state’s resources for rebates or credits.
 

Money-Saving Tips for Drivers

• Plan Efficient Routes: Avoid peak traffic times and use apps like Waze to find the shortest path.
• Join Loyalty Programs: Retailers like Shell and ExxonMobil offer fuel rewards for regular customers.
• Maintain Your Vehicle: Proper tire inflation and regular oil changes improve fuel efficiency.

 

Looking Ahead

While rising gas prices are an ongoing challenge, being proactive and exploring government assistance programs can make a difference.

With resources like SNAP, LIHEAP, and commuter tax benefits, you can minimize the impact on your budget.

Stay informed and take advantage of every available option to keep your finances on track during these challenging times.

Previous article: Stay Warm This Winter with the Fuel Assistance Program

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