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Premium fuel is a higher octane fuel in the range of 91-94 octane. This compares to regular grade gasoline which is 87 octane. Higher octane fuel aims to provide greater fuel-burning stability to protect engines from the damage caused by engine knock –also known as abnormal combustion.
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.
octane grades and price differentials.....79 gasoline and component trade flows.....80 octane costs .....81 9. conclusions .....84
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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...
Ontario Gasoline prices, liter. We show Octane-95 gasoline price data for Ontario from 25-Mar-2024 to 24-Jun-2024. The average gasoline price during that period is 1.81 per liter with a minimum of 1.76 on 25-Mar-2024 and a maximum of 1.90 on 22-Apr-2024.
May 17, 2024 · Closing price of Brent, OPEC basket, and WTI crude oil at the beginning of each week from June 27, 2022 to June 24, 2024 (in U.S. dollars per barrel)
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