I posted a while back about the My Mile Marker website. It’s a simple online application for tracking fuel efficiency and fuel costs. Today, Clever Dude wrote an interesting article about the rising costs of fuel and that made me think this is a good time to review my history. After tracking my fuel costs for almost two months I have a decent amount of data to review.

My first recorded fill-up was on September 28, 2007 and I paid only $2.519 per gallon. My most recent fill-up was today, November 16, 2007 and I paid $2.939 per gallon. I don’t always use the same station, but I do always make an effort to go where the prices are on the lower end. That is a 16.7% increase in less than two months. If only my salary increased at such a rate!
My fuel purchase history
So now the good news. My fuel efficiency has also increased, starting at 28.86 miles per gallon and hitting 29.97 miles per gallon on my last fill-up. That’s an increase of 3.8%, sadly not keeping up with the rise in prices. I’m not sure what I’m doing differently to increase my efficiency, but maybe just having this extra awareness in the back of my mind helps me to drive a little more efficiently. Now that I’m so close to 30 miles per gallon I want to see if I can break it!

My MPG history

You don’t need to use MyMileMarker.com to track your fuel efficiency, it’s just an easy to use tool and I like it very much so far. I’m on the Internet all the time so it’s not really any extra effort for me. I make sure to get a receipt when I buy gas and I write my odometer reading on the receipt and enter the information later on the website when it’s convenient. Whatever you do, I do think this is valuable data to have and if you see a drop in your mileage you can do something about it right away.

My fuel projections

This isn’t an attempt to whine about fuel prices, I generally don’t give them much thought because I have to get to work so I have to pay the going rate. However, it is good to look back and see the trends and know where you stand. I just hope prices start to trend back down soon so we have a little more spending money for the holidays. :)

By , Thu 15 Nov 2007, Categories: Finance, Spending