2023-09-19 19:26:56
Wait a few hours before putting gas in your car, advises an expert. You’ll save a lot if you wait until Wednesday.
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“It’s not a good idea to go to the gas station today. Prices are $1.84 per liter in many places, but tomorrow it will go down to $1.74,” predicts Dan McTeague, a gas price analyst who has been interested in the subject since 1994. “And In this type of prediction, I have a success rate of almost 100%,” he boasts.
Dan McTeague also predicted a sharp rise in pump prices in the spring last year, a prediction that proved correct.
COURTESY
What is happening is that oil companies in Canada and the United States are having to make a production change in the gasoline that is sold. It’s the time of year when we change different components that go into the manufacturing of gasoline, explains the man who is also president of the group. Canadians for Affordable Energy. “For example, we add butane and we reduce the amount of alkalyte that is used during the summer when it is hotter.”
Twice a year
We have been doing this type of modification for around thirty years, twice a year, he explains. This is an obligation for oil companies provided for in the law. “Usually it’s the second week of September and the second week of April. This is also why prices often increase in the spring, not only because of demand, but also because we modify the ingredients of gasoline,” he says.
In short, waiting until tomorrow might pay off for motorists. “People are going to get at least two free coffees thanks to Dan McTeague,” says the expert with confidence.
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