Fact #508: March 3, 2008
What Consumers Will Do to Save Three Cents per Gallon
According to the 2008 Consumer Fuels Report by the National Association of Convenience Stores, consumers are very cost-conscious about differences in fuel prices. Roughly half of all consumers polled were willing to endure some inconvenience to save three cents per gallon and nearly a third said they were willing to drive ten minutes out of their way to save three cents per gallon.
Note: Consumers could select more than one response.
|What would you do to save 3 cents per gallon?||Percent of Respondents|
|Drive 10 minutes out of my way||29|
|Drive 5 minutes out of my way||42|
|Pay by cash inside the store||49|
|Take a left-hand turn across a busy street||51|
Source: National Association of Convenience Stores, 2008 Consumer Fuels Report, based on 1,215 telephone interviews with adults conducted from December 26, 2007 to January 4, 2008.