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Before You Buy Gasoline, Check Out The Octane Ratings
By Mr Ethanol | April 14, 2008
Kansas City Star:
Consumers are getting confusing pricing signals at area gas stations, thanks to how retailers are handling a flood of ethanol-blended fuel.
Some area gas stations have started selling both regular and midgrade gasoline at the same price, saying there is no longer a difference between the fuels.
Other retailers, though, are still charging more for midgrade - causing some consumers to spend more per gallon than they otherwise could.
Given that the average household buys about 1,200 gallons of gas annually, households that switch from midgrade to regular would save $120 or more per year at recent pricing spreads. The difference is worth millions annually for retailers in the Missouri-Kansas region.
The pricing discrepancy comes as ethanol-blended fuel roils longstanding assumptions about the octane ratings of gasoline, making it more dubious than ever to pay extra for super-unleaded or other midgrade gasoline. Carry on reading.
Topics: Biofuel, Gas, Prices, Tips |
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