Hi,
Yes, it does.
From personal experience, I've found different tires produce quite
different mileage characteristics depending on pressures. Some are
pretty "pressure tolerant" meaning mileage won't suffer much when one
drops a couple of pounds or more. Others REALLY start to show the
difference. (Same issues w/ handling!) As many have suggested, I, too,
run 1-3 lbs over the door sticker w/ most of my tires.
I check them about every two weeks, and keep 'em filled w/ a 78%
nitrogen mixture. It cost me $200 for a pretty good compressor set up to
use that mix... but you can get one for considerably less.
Get a good gauge, too. Some like digitals. I've got a nice one and it's
ok, but I prefer the real Accu-Gauge analogs (there are plenty of cheap
knock-offs but I'd avoid 'em.) Pretty bullet-proof and they never need a
battery. Get the style w/ the built in "bleeder" and you can adjust down
to 1/4 lb increments on the large dial models if you wish (my digital's
only good to 1/2 lb.) Local availability is spotty, so you may want to
go online. I think the name of the place where I ordered my last ones
was called "getagauge.com" or something really close--Google's your
friend.
Pencil gauges aren't on my radar screen anymore: we used to get really
good ones when I worked in service stations back in the
late-'60s/early-'70s, but everything I've seen recently is cheapo,
cheapo and not all that accurate.
Rick