Post by
Q45tech »
https://forums.nicoclub.com/q45tech-u112.html
Fri Aug 01, 2008 11:23 am
At the refinery premium octane adds about 6 cents per gallon, unfortunately the retail markup is 30-40 cents since the tanks cost the same and........................
"In 1997, high-octane garnered 16 percent of the nationwide fuel market share, according to figures from the U.S. Energy Information Administration. Last month, premium had only 8 percent of the market. Last year, premium gasoline consumption fell to about 35.6 million gallons of gas per day, the lowest in 24 years, the agency said.
"We're down to the core, die-hard audience that believes they need 93," said Tom Kloza, publisher of the Oil Price Information Service, a New Jersey firm that provides petroleum pricing and news information.
Gas station owners say they are pumping so little premium that it can take three or four weeks to sell their high-octane inventory, as opposed to a couple of days for a delivery of regular gas."
Once premium sits for more than 3-4 weeks not sure it is still premium, as the chance of decomposition increases.
Pick a rapid turnover station!
The number of new models that manufacturers say should use high octane — mostly luxury sedans and high-performance sports cars — has risen from 166 in 2002 to 282 this year,