Monday, June 30, 2008

More on Credit Cards to Save on Gas








Wow! 5% Rebate Using Citibank Shell Visa Card
This is yet another means to reduce our expense on gas by using a credit card.
from the Citibank PH website.... http://www.citibank.com.ph/

With the new Shell Citi VISA, you get the HIGHEST fuel rebate in the market.
> 5% rebate on Shell fuel purchases at participating Shell Stations
Plus, enjoy these exclusive benefits:
> 0.5% rebate on non-fuel purchases.
> 24-Hour Nationwide Emergency Roadside Assistance for emergency towing service
and minor on-site repair assistance
> Discounts at Shell Helix Service Center
This is another sure way of coping-up with soaring gas prices.

Tuesday, June 24, 2008

Save on Gas by Using your Credit Card

Manila, Philippines:
Here is one of the many ways we can save up on our gas expenses --- wisely using a credit card!
Check out the 3% fuel rebate they are offering!

The Petron-BPI Mastercard









Motorist Service Features

• 3% fuel rebate forever on your Petron fuel purchases at selected participating stations
• Free 24-hour Towing Service and Roadside Assistance nationwide
° towing up to P2,000 per event
° minor on-site repair to cover services such as:
battery boosting, jumpstart, tire change, delivery of gasoline and lockout (cost of gasoline and spare parts not included).
• 10% discount on Automotive Services at participating Petron Service Station
• Discounts from Car Care Center Outlets
• 24-hour price shield coupon

Rewards and Extras

• FREE P200 worth of fuel from Petron upon approval of your Petron-BPI MasterCard (for principal cardholders only)
• Real 0% interest on comprehensive Motor Vehicle Insurance from Standard Insurance Co., Inc.
• Petron - BPI MasterCard allows you to earn Frequent User Privilege Points every time you use your credit card. Get 1 point for every P50 purchase and use these points to redeem your choice of gift! - Home entertainment, home appliance, health and beauty, and gift certificates.

SEAOIL Fuel Prepaid Card - Locks Price of Gas

SEAOIL Prepaid Fuel Lock Card
Manila, Philippines

Here is one of the many ways we can save up on gas.
SEAOIL have come up with the idea of a prepaid card wherein you can buy gas
at a FIXED PRICE for a specified period.

SEAOIL fixes gas price at P53.50 a liter through Prepaid Card
SEAOIL Philippines Inc., the largest independent retailer of petroleum products in the country, has introduced an industry-first prepaid card that pegs a customer’s gasoline purchase at P53.50 per liter.

Company officials explained that the Price Lock Prepaid Fuel Card can be used to buy 20 liters of gasoline (G5 X-treme and Unleaded) from any SEAOIL participating stations. The selling period is from June 10-16, 2008. Each card costs P1,070 and is valid for 10 weeks (June 10 up to August 16, 2008).

Since the price has been fixed, cardholders will have an easier time budgeting their fuel expenses as they will be insulated from further spikes in gasoline costs during the promo period.
In the less likely event of a price rollback also during the period, i.e. the price goes down to less than P53.50 a liter, SEAOIL will refund unused (unscratched) fuel prepaid cards.

The Price Lock Prepaid Fuel Card will be made available at the following participating SEAOIL stations: EDSA, Imelda Avenue, Maybunga, P.Tuazon, Pasig Boulevard, Commonwealth, Malabon, Merville, Paco, E. Rodriguez, Paraluman, Mindanao Avenue, Panaderos, Tandang Sora and Buendia.

SEAOIL will also be selling the prepaid card in the following offsite points: Metrowalk and Tiendesitas in Pasig City, Greenhills Shopping Center in San Juan and Shopwise in Cubao, Quezon City.

The card is valid for a single transaction only, which means customers should use up its entire 20-liter value since any unconsumed amount, such as a 19-liter purchase, will forfeit the remaining card value.

Only SEAOIL station attendants are authorized to scratch the silver coating of the prepaid card upon purchase and claim the same card after the customer fills up.

Thursday, June 19, 2008

Alternative Fuels

We may opt to look for alternative fuels to help us reduce our expense on petrol... here is some backgrounder on alternative fuels.

1. What are alternative fuels?

Alternative fuels are fuels commonly referred to as replacement for petroleum-based fuels like diesel and gasoline. They are considered “cleaner” in the sense that they yield substantial energy supply with less impact to the environment. Some of these are agriculture-based and therefore renewable.

The view that vehicles contribute the most to air pollution and climate change in the metropolis because they emit carbon dioxide heavily has made the government put top priority to four alternative fuels with potential use in the transport sector. These are compressed natural gas (CNG), liquefied petroleum gas (LPG), biodiesel and alcogas.

2. What is compressed natural gas?

CNG is a natural gas comprised mainly of methane, although it also contains small amounts of propane and butane. It is produced during the winning of crude oil or directly from natural gas fields. When subjected to low temperatures, it turns into liquefied natural gas or LNG.

While natural gas is still a fossil fuel, CNG is nonetheless considered a better alternative to diesel and gasoline because it is the cleanest burning alternative fuel (therefore, less pollution and vehicle maintenance) and has higher heat content.

A study made on dedicated natural vehicles (these are vehicles that run on 100% natural gas) indicated the following advantages over gasoline-fed vehicles:
a. reduced exhaust emission of carbon monoxide (CO), non-methane organic gas (NMOG), oxides of nitrogen (NOx), and carbon dioxide (CO2);
b. reduced emission of greenhouse gases and toxins;
c. little or no evaporative emission during refueling and use;
d. little or no emission of particulate;e. lower vehicle maintenance cost.

3. What is liquefied petroleum gas?

LPG is a mixture of propane and butane, produced as a by-product during the oil refining process or when the propane and butane are extracted from natural gas.

The prospect of LPG as a transport fuel substitute in the country is great. LPG is reportedly used in over four million vehicles in 38 countries worldwide. Second, LPG supply infrastructures are already in place, with more than 150 supply points nationwide and estimated combined storage capacities of the country’s nine major suppliers of around 110,000 metric tons per month. Third, the refueling process is simple and cheaper.

4. What is biodiesel?

Biodiesel is made from vegetable oil or animal fats. An example of biodiesel is coconut methyl ester or is more popularly known as cocodiesel. The interest in biodiesel as an alternative fuel for motor vehicles lies in its distinct qualities as being biodegradable and renewable. Compared with conventional diesel, it has higher lubrication, burns cleaner because it is oxygenated and locks carbon dioxide in a closed circuit. It can be used in any conventional diesel engine without any need for modification. Another plus factor for biodiesel is that it can create new market opportunities for our farmers.

5. What are alcogas, al-gas, alco-diesel?

These three, alcogas, al-gas and alco-diesel, are collectively named alcohol fuel blends. Alcogas is a blend of 10-15% anhydrous alcohol and 85-90% gasoline. Al-gas is a blend of 40% hydrous alcohol and 60% gasoline plus an additive. Alco-diesel is a blend of hydrous ethyl alcohol and diesel fuel.

references: Department of Energy - Philippines

Tuesday, June 17, 2008

Coping-up With Soaring Gas Prices

How do we cope-up?

With the trend of gasoline always going up, we need to somehow catch up to reduce our expense on this basic commodity. There are (I believe) a number of ways on how we can cope-up. Let's start on the very first thing that comes to mind that is -- our expense on gas.

Our Goal: Reduce Expense on Gas

1. Minimize Driving.

Walking – if you need to buy something or you need to go to a friend who lives a few blocks away; try not to get the car keys anymore --- walk! I would recommend having an umbrella though…. to keep you off the heat of the sun (and also to ward off stray dogs which might growl at you if you’re in the Philippines).

Biking – obviously this would get you faster than walking plus of course the extra exercise you’ll be getting; keep an eye though on your bikes --- you might end up walking afterwards. Lock your bikes even though you’ll be jumping off it for a few minutes.

Carpool – having one or two friends splitting up for the gas would mean significant savings on your pocket --- downside? You might end up a chauffeur here….haha.

Use public transport – it is significantly cheaper to commute rather than bring your car to work; what you will be weighing in here is your convenience.

Plan your trip – frequent stops means longer working hours for the engine hence more fuel being consumed. Try to contain your list of “to dos” into one location.

2. Keep your car in tip-top shape.

Keep your engine in good shape – do the needed check-ups, tune-up and change oil on a regular basis. A well maintained engine will work efficiently; hence, efficient gas mileage.

Keep your tires correctly inflated – you may opt to check the sides of your tires or your car manufacturer’s manual for the correct values.

Reduce the weight of your car – try to lighten up things a bit. If you can reduce the load on your car, this would mean less power needed to drive you off to your location. Check out unnecessary items inside your trunk.

3. Drive efficiently.

Avoid sudden braking – learn how to control your push on the brake pedals. Acceleration followed by sudden braking wastes gas. Try to keep a significant distance on the car in front of you to allow for a smooth stop. Pay close attention though to the cars beside as they maybe cutting into your lane.

Anticipate stop lights – anticipating when to stop means you’ll know when to pull-off your foot on the gas pedal; hence, less gas.

Avoid idling the engine for too long – your car consumes gas during idling; it is better off consuming gas moving rather than consuming gas in a stationary position and getting you nowhere. Learn to warm-up the engine to its ideal operating temp by driving it off slowly.

Turn-off the air conditioner – whenever possible, drive your car with the air conditioners off. You could probably turn it off when heading back home from work during the night or early evening.

Control your take off coming from a “full stop” – you will benefit significantly on gas mileage by learning this. Sudden acceleration consumes greater amount of gas as compared to normal acceleration. Learn to push gently on the gas pedal when coming from a “full stop.”

Shifting correctly – Manual Transmission: shifting at low rpms (shifting early) will significantly reduce gas consumptions. My advise is that you feel the car for you to know when you need to shift. Automatic Transmission: Use the cruise control option (if your car is equipped with one) when driving on a highway or where the traffic permits. You’ll not be needing to accelerate anymore hence you’ll save on gas. Overdrive gears will also keep your car’s RPM down; as such, savings also on gas.

4. Fill-up your tank smartly.

Choose to fill-up during the night or early morning - evaporation is the key here. Filling-up during daytime or when the temperature is high will end up in a lesser amount of fuel poured into your tank.

Do not top off the tank – the extra gas evaporates as you drive after topping off the tank; hence, they become wasted fuel. Stop filling at the automatic level as soon as the gas pump stops and clicks.

Learn to use credit cards to fill-in your tank – today, there are a number of credit card companies offering rebates when you fill-up using their cards. Most give around 3% rebates. This is significant savings when you compute on a monthly basis. Further, most offer added benefits like price shield protection for a certain period – this will get you protected from sudden increase in prices. Others offer towing services while others give you a free meal or snack when you fill-up.

5. Check out other alternatives.

Downgrade to a smaller car – simply put, a small car means less fuel consumption as compared to a bigger car. If you are using a car with a 1.6L or 1.8L displacement, generally a car with a 1.1L or 1.3L displacement will need a lesser amount of fuel to get you on the same location --- better mileage.

Shift from automatic to manual – if your car has an automatic transmission, you may opt to trade or sell your car in lieu of a car with manual transmission. Cars with automatic transmission consume more gas than those having manual transmission.

Shift from gas to diesel – generally diesel is cheaper by around 10% as compared to gasoline; too little? Try to look also into the maintenance side, a diesel engine wouldn’t need spark plugs during tune-up, you’ll just need to change the oil and that’s it over a certain period.

Use other fuel alternatives – if your car has a diesel engine, you may opt to check if your car will run using biodiesel. If your car has a gasoline engine, you may opt to check or try running using LPG. Both are relatively cheaper (than gas or diesel) and will also reduce the emission rate of your vehicle. Check out also if your car can use ethanol which is also another alternative. You can check them with your car's manufacturer.

Check out hybrid cars – as evidenced by Japanese automobile manufacturers, hybrid cars has better mileage as compared to conventional cars. However, I believe we still need to look into the maintenance side of it since we might end up loosing more cash on maintaining or repairing them.

Why not get a motorbike or a motorcycle? – this has become very popular in a number of Asian countries. I believe a liter of gasoline will yield up to 20 to 40 kilometers per liter --- very efficient? Yes. However, personally, I DO NOT RECOMMEND this. Please check out the number of fatalities or news headline of motorcycle accidents on a daily basis!

Some Personal Notes:

The ever increasing prices of gasoline, on a historical point of view, have turned out to be INEVITABLE. With this in mind, we need to check out other options on how we can totally deal with it.

1. Saving and finding out ways to reduce our expense on gasoline.
2. Switch to other fuel alternatives. Significantly reduce our dependency on fossil fuels.
3. On a more personal note, we need to Increase our income versus our expense --- try thinking about it.