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The cost of producing incremental octane was calculated using two approaches and was shown to be less than the market price of octane. Gasoline, gasoline components, and feedstocks (e.g. naphtha) used to make gasoline are global commodities that are frequently traded between regions and countries.
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- Introduction
- Executive Summary
- Phase 1: Analysis of Gasoline Octane Costs
- Phase 2: Future Gasoline Octane Scenarios
In 2017, the U.S. average retail premium gasoline price was $0.50 per gallon (gal) more than the price of regular gasoline. The difference between premium gasoline and regular gasoline prices began to increase in approximately 2010. The cause of this price spread may be the result of a change in U.S. refinery operations or retail gasoline pricing d...
In the United States, since approximately 2010, the price difference between regular gasoline with an octane rating, or Anti–Knock Index (AKI), of 87, and premium gasoline with an AKI of 91 has been increasing. Between 2010 and 2017, the U.S. average retail price difference between premium gasoline and regular gasoline doubled, from approximately $...
This section examines the possible causes for the increasing premium–to–regular price spread related to the production of motor gasoline and its components at refineries in the United States. To that end, EIA retained Baker & O’Brien to analyze the factors and conditions at refineries that could result in the increasing spread. Baker & O’Brien’s an...
In Phase 2, Baker & O’Brien analyzed whether or not the U.S. domestic refining industry would be capable of meeting higher octane demand if the octane requirements for retail gasoline increased. The scenario assumes that, beginning with model year 2023, all light–duty vehicles in the United States will require a minimum 95 research octane number (R...
To assess octane costs, this study examines trends at the national, the Petroleum Administration for Defense District (PADD), and the regional wholesale market levels. The market for motor gasoline is global, and the U.S. gasoline market is interconnected with the global gasoline market through imports and exports.
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Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart...
Petroleum pricing in Canada. Contents. 01 Introduction. 03 Next quarter market outlook. 05 Guide and glossary. 02 Gasoline and diesel market overview. 04 Analysis: Premium Fuel Trends. 01 Introduction. Canadian retail fuel prices climbed in the second quarter as crude prices rose and refining margins expanded.
Nov 17, 2022 · What is octane? In recent years, car manufacturers have been requiring or recommending premium gasoline (a high-octane grade of fuel) for use in more of their vehicle models. The difference in prices between premium and lower octane grades has also increased.
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Petroleum Pricing Schedule: Price adjustments on gas, diesel, and furnace oil take effect at 12:01 a.m. every Friday. Price adjustments on propane take effect at 12:01 a.m. every second Friday.
