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$0.02 to $0.05 per gallon
- It typically runs about $0.02 to $0.05 per gallon more than regular.
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People also ask
How do you calculate octane cost?
What Octane is premium gasoline?
How much does premium gasoline cost per gallon?
How much does octane cost?
Octane costs and values are often described in terms of dollars per octane-barrel ($/AKI-b).21 To measure the cost of producing incremental octane, we calculate the cost of producing an incremental barrel of premium gasoline (CTP) by raising reformer severity (Figure 29, red and black lines).
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The carbon percentage of octane (C 8 H 18 ), a stand-in for gasoline, and hexadecane (C 16 H 34 ), a stand-in for diesel, are 84.2% and 85.0% respectively. The amount of carbon dioxide produced from gasoline and diesel and therefore the carbon pricing, are also both very similar on a mass basis.
- Petroleum diesel73.25 grams per Megajoules
- Petroleum diesel43.1 Megajoules per kilogram
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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- 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...
Jun 28, 2017 · According to the latest data from AAA (which tracks fuel prices daily instead of the EIA’s weekly), premium costs $2.80 per gallon on average, or 60 cents more than regular. In 2000, the...
- Contributing Editor
Jun 9, 2024 · Regular gas typically has an octane rating of 87, while premium gas boasts a higher octane rating, generally between 91 to 94. Regular Gas: Suitable for most vehicles; more affordable. Premium Gas: Required for high-performance engines; more costly. Understanding Octane Ratings.
This free fuel cost calculator estimates the fuel cost of a trip based on fuel efficiency, distance, and gas price using various units of measurement.
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