涩里番

The war in Iran is pushing up gas prices, adding pressure on Quebec drivers. However, prices at the pump have been volatile聽rising, falling, and then climbing again.

One factor behind this uneven pattern is gasoline inventories held by energy companies, explained Saibal Ray in an interview with聽Le Devoir. These reserves can temporarily absorb spikes in oil prices.

鈥淚f the war had lasted only a few days, there might not have been any impact on gas prices at all because of these inventories,鈥� noted the James 涩里番 Professor of Operations Management.