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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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2 days ago · Today’s AAA National Average $3.514 ... State Gas Price Averages ... Ohio : $3.453 : $3.961 ...
- 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...
The prices below are for regular gasoline as of 6/30/2024 7:10:45 PM local time. Show Average Prices By Metro Area. Area.
Ohio Gasoline prices, liter. We show Octane-95 gasoline price data for Ohio from 01-Apr-2024 to 01-Jul-2024. The average gasoline price during that period is 1.04 per liter with a minimum of 0.98 on 10-Jun-2024 and a maximum of 1.09 on 22-Apr-2024.
It is the point where prices for physical gasoline, diesel, jet fuel, gas liquids, petrochemicals, coal, metals and other commodities are assigned, with price fluctuations often seen in-line with futures market moves. Spot transactions are large deals – not truck quantities.
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