What kills me these days is the spread between regular and premium gas. In recent memory it was ten cents a gallon, then 20, and then 40 when gas was up at $4/gallon. Now that gas is back down to around $2, the spreads range from 40 to 45 cents, or 20% of the price for regular. Not surprisingly, stations have stopped advertising the premium price on their signs.
The spread between 87 oct and 92 oct is weird.
All I know is with rock bottom oil prices for the last couple of years, 87 in Reno barely ever got below 3 bucks per gallon.
What kills me these days is the spread between regular and premium gas. In recent memory it was ten cents a gallon, then 20, and then 40 when gas was up at $4/gallon. Now that gas is back down to around $2, the spreads range from 40 to 45 cents,...
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The reason is volume. probably 95% of all cars use reg gas. Therefore refineries produce far more reg grade gasoline than premium. The higher price for premium (or lower for reg) is based on the economics of scale. The more of a product which is produced, the less it costs per unit.
why is there premium gas now days?
what good does it do?