How to Cut Your Gas Bill in Half

Instability in Libya, Egypt and throughout the Mideast has sent gas prices well north of $3 a gallon. Try these 5 road-tested ways to save money on gas. Also check out the most fuel-efficient 2011 cars and SUVs. By Dan Shapley

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Pay $0.80-$1.60 Per Gallon: Carpool

You can cut your gas bills in half, right now. Share your trip to work with one other person and split the bill. That's like paying $1.60 for gas that costs $3.20 at the pump. (It's been a decade sine the actual pump price hovered in the $1.60-per-gallon range.) With a full car of four people, the cost per gallon is just $0.80! Now that sounds like real savings.

If you're looking for help getting started, consult with Divide the Ride, eRideShare, RideCheck, Carpool World or other Web-based tools designed to help like-minded commuters find each other.

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