Unmasking the Hidden Costs: Filling Up in the AM vs. PM - The ADAC Reveals a startling Price Differential
Morning fuel prices nearly double compared to evening rates
Share on FB Tweet this Whatsapp Mail this Print Copy Link Discover the shocking price discrepancy between refueling at different times of the day - the ADAC spills the beans!
Latest findings from the ADAC reveal that pumping gas in the morning hours is a costly affair, boasting almost double the price tag compared to evening fill-ups over the past 12 months! The analysis, conducted across more than 14,000 gas stations in Germany, found a 12.5 cent and 13.3 cent difference for Super E10 and diesel, respectively, between the highest and lowest price points of an average day! To put it in perspective, this difference was a mere 6.4 cents and 7.3 cents for diesel and Super E10 last year.
Curious about the astounding price hike? Let's break it down! The cost difference for Super E10 hit an unprecedented high this year, surpassing the previous record of 11 cents established in 2020, as per ADAC's records. Importantly to note, the priciest hours for refueling are shortly after 7:00 AM, followed by successive, albeit diminishing price drops! Interestingly, fuel prices experience a slight uptick around 11:00 PM and sustain this trend slightly above the average price throughout the night.
So, when's the best time to hit the pump? Well, the prime hours for savings stretch from 7:00 PM to 8:00 PM, with even further savings available from 5:00 PM to 6:00 PM and 11:00 PM to midnight. However, a bit of strategic planning can get you even better deals by opting for the most cost-efficient gas station among the 14,000 in Germany!
If you play your cards right and refuel smartly, you could potentially save an astounding average of more than six euros on a 50-liter tank fill-up! That adds up to a considerable saving over the course of a year, not to mention a sizeable hole in your wallet if you unwittingly follow the morning fueling trend.
Sources:1. ntv.de2. AFP
P.S. Keep in mind that these price fluctuations merely scratch the surface! broader economic forces such as changes in international oil prices, taxation, and market dynamics play a crucial role in determining the overall price of fuel. However, taking advantage of the daily price variations can't hurt your wallet!
The following information is provided for each of the following categories of vehicles: industry, finance, energy, and retail, as they may be impacted by the varying gas prices at different times of the day, particularly the cost savings from refueling in the evenings compared to mornings. Monitoring the daily price variations can greatly affect the overall expenditure for these sectors, potentially leading to substantial savings over time.
