With gas prices the way they are lately, it may seem like your money is vanishing into thin air. But one local man say there's money to be made in that air. And he's helping a local company cash in. WFMZ's Jackie Shutack shows us "the permeator." [ WEB LINK: ( Arid Technologies ) ] >> Reporter: On average, gas stations lose two gallons of gasoline per 1,000 dispensed. When you fill up your vehicle with gas, the accordion sleeve sucks vapors and air back into the underground tank. Inside the tank, the air invades the vapor space...and gasoline evaporates to replace the vapors. >> Ted Tiberi: "The problem with that is that the liquid gasoline expands 500 times to one, so one coke can of liquid gives you 500 coke cans of vapor gasoline that causes an increase of volume in the tank and an increase in pressure." >> Reporter: All of this sounds very complicated.. doesn't it? Bottom line...when the pressure boils over, gas vapors escape into the air--costing gas stations like this one $20,000 a year. >> "We set up this circuitous path..." >> Reporter: Phillipsburg native Ted Tiberi invented the Permeator, a device that prevents that loss by separating the air--it goes into the tube on the left--from the vapors, which follow the tube on the right and are recirculated back into the tank. We caught up with Tiberi as he helped install the Permeator at Phillipsburg's new Wawa gas station, one of 350 worldwide to sign on to use the new gas saving device. >> Ted Tiberi: "Everybody just lived with it and said it was part of doing business but now you can really refine that calculation and hone in on an exact number because there is no evaporative loss through the pipe." >> Reporter: At just over $33,000 each, he estimates the device will pay itself off in roughly two years, saving the average gas station about 1000 gallons of gasoline a month. In Phillipsburg...Jackie Shutack, 69 News.
Allentown, PA 18102