This is an excerpt from EERE Network News, a weekly electronic newsletter.

May 29, 2002

Gasoline Prices Holding Steady Through Memorial Day Weekend

With Memorial Day weekend marking the start of the summer tourist season in the United States, a check on the latest gasoline trends shows that regular unleaded gasoline prices are holding steady at an average of about $1.40. Although prices often increase during the Memorial Day weekend, prices actually dropped slightly over the past week in most of the country. See the Weekly U.S. Retail Gasoline Prices on DOE's Energy Information Administration Web site.

If you're looking to save on gasoline, be warned that the U.S. Federal Trade Commission (FTC) is investigating deceptive marketing of energy-saving products on the Internet. The FTC sent letters to 50 companies in April warning of potential future law enforcement actions against companies that make deceptive claims. While some of the products are aimed at home energy savings, most are aimed at consumers wishing to save gasoline, including "implausible claims for various aftermarket automotive devices (fuel-line magnets, air bleed devices, and other retrofit gadgets) and additives that supposedly increase gas mileage." According to the FTC, the U.S. Environmental Protection Agency has evaluated or tested more than 100 purported gas-saving devices and additives, and has not found any product that significantly improves gas mileage. See the FTC press release.

Want to know how to really save gasoline? See the "Gas Mileage Tips" on the DOE/EPA Fuel Economy Web site.