Dumb with Money

Because we all have been dumb with our money

90% Gas - 10% Ethanol- Cheaper or is it?

Filed under: Why We Are Dumb, Saving Money — paul at 1:40 pm on Thursday, July 6, 2006

My CarO.K.  I have got to admit it.  When it comes to gas, I don’t ever think of brands, just price.  

Forever I have filled up at my local low price station.   I know for a fact that they offer only 90-10 gas-ethanol fuel.  Hence, why it’s cheaper by 4-8 cents.  Ethanol goes for a 1/3 of gas.  A couple of years back I caught a new story on this.  The outcome-  90-10 offers a better octane rating.  Yeah cleaner and cheaper.

But, I have to say that news story is total screwed up.  You would think cleaner = better gas mileage.  Normally higher octane = better mileage.  Not true in my case.  I have a MPG meter in my car.  I just calibrated it last month for a physics project for my nephew.  I was forced to fill up at name brand station.  I notice it was not 90-10, but 100% gas.   Would you know that I got 3 more MPG for the entire tank. 

Look at the math:

I paid 9 cents more per gallon and bought 12.5 gallons.  So, splurged an extra: $1.13

But, I was able to drive an extra 38 miles.

So I basically got an extra 1.79 gallons more off of this tank.  With gas at $3.11 per gallon. I got an extra $5.57 worth of bang.

So, I actually saved $4.44

It’s straight 100% gas from here on for me. Give it a try, see if it works for you.

Moorestown, New Jersey is the best place to retire?

Filed under: Why We Are Dumb — paul at 12:52 pm on Tuesday, July 4, 2006

CNN money says this is the best place for me to retire? You can take this little test to find the best place for you.

It’s definitely a cute town, but I want a recount. At least they have 729 bars within 15 miles.