Although the price of gas at the pumps has eased significantly, thanks to the lowering of the price of crude in international markets, there is still much to be concerned about. For one, there is the global economic downturn that pretty soon we will all be feeling significantly. Now is the time to be saving money and for looking at ways to cut costs.

For most households who have more than one car, gasoline accounts for a large portion of the household budget. It therefore makes sense that if one can lower the consumption or improve gas mileage in their cars, there could be significant savings to be had.

Currently, there are many options available to increase fuel savings and gas mileage. If you are into alternative fuels, you can make your own bio diesel, or even modify your car to use Liquefied Petroleum Gas or (LPG), which burns more cleanly than regular fuels, and is much more earth friendly.

But for truly dramatic increase in gas mileage and fuel savings, you can take a look at two emerging technologies that look very promising – Hydro Assist Fuel Cell (HAFC) technology and Pre-Ignition Catalytic Converter (PICC) technology.

What is Hydro Assist Fuel Cell?

Hydro Assist Fuel Cell technology is a two-part fuel efficiency system. First, it extracts a hydrogen-oxygen mixture from water through ionization using the electricity created by the engine. This hydrogen-oxygen, called Brown’s Gas, is added to the fuel mixture before it is burned in the engine. It is obvious that you can save a lot because part of your fuel comes from water, which is free.

The HAFC system also uses powerful magnets to ionize the gasoline to produce smaller molecules that burn more rapidly and cleanly. Gas that is broken down into its components make it burn more easily. Couple that with the brown’s gas and you get a more explosive mixture, meaning more power, and less emissions, and ultimately using less fuel.

Early lab tests peg the fuel savings from HAFC at least a minimum of 50%.

What is Pre-Ignition Catalytic Converter?

PICC or Pre-Ignition Catalytic Converter system is an experimental fuel improvement system that is in the developmental stage. But this early, it promises to up gas mileage by a potential 5x more.

Presently, cars have working catalytic converters, and are installed in the car’s emission system. It is now being utilized for breaking down the large gas molecules that are un-burnt in your engine, breaking them into smaller particles and incinerated in the tailpipe.

The PICC system turns this idea on its head. Instead of breaking down the gas after it exits the engine, PICC posits you break it down before it enters the engine. Gas burns better in vapor form, and if the components are broken down further, theoretically, you will need less fuel. Less fuel used, more fuel savings realized.

The best part is these two technologies can be used side by side, and together promises to end America’s dependence on foreign oil, plus keep more money in your pocket.

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