Premium Gas Prices.
#1
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Premium Gas Prices.
Not saying that when I have to buy premium gas once again I can't afford it but premium gas used to be $.20 differemce then crept up to $.40. Now it is a *****ing ridiculous .$70? Ok I am in the oil industry but without googling wth is up I am not sure the reasoning is since our reserves are about depleted. Gas as a whole should be cheaper across the board.
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Greatest (03-16-22)
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Greatest (03-16-22)
#5
In my zipcode I see $0.60-0.80 difference. Premium is still close to $2.50, but regular is $1.80. I recall when it was just a $0.30 difference, but those days have passed apparently.
#6
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Here is Denver regular is averaging about $1.40ish and premium is hovering about $1.90 +/-
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I would eat up $1.75 all day long. There are to many factors none of us will unserstand as to why the prices are the way they are. Just knowing though that they are charging upwards of $.50-$.80 more a gallon is ridiculous. Maybe demand is off. But you'd think with everything being turbo now they would require premium.
#14
I would eat up $1.75 all day long. There are to many factors none of us will unserstand as to why the prices are the way they are. Just knowing though that they are charging upwards of $.50-$.80 more a gallon is ridiculous. Maybe demand is off. But you'd think with everything being turbo now they would require premium.
#15
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I would eat up $1.75 all day long. There are to many factors none of us will unserstand as to why the prices are the way they are. Just knowing though that they are charging upwards of $.50-$.80 more a gallon is ridiculous. Maybe demand is off. But you'd think with everything being turbo now they would require premium.
We were sold the idea that if we use our food supply for gas that will bring down costs. That hasn't happened.
Every year the blend at refineries are changed to make what they call a summer blend or a winter blend. The summer blend doesn't evaporate as quickly due to certain additives than the winter blend. The summer blend is more expensive. The change in processing usually happens around April and Sept. though and you usually don't see a change in prices until somewhere around May.
In terms of the most influential thing regarding gasoline prices these are the major factors:
Crude Oil Price - 68%
Taxes - 13%
Distribution and Marketing - 10%
Refining Cost - 9%
Although the the EPA is claiming only about a $.01 increase due to its new Tier 3 refining standards set to begin in 2017. I find that a little suspect. I would think it would cost considerably more to retool to meet those standards than what EPA is expecting. Anyways, 108 gasoline refineries are subject to 2017 EPA changes of which 40 can already meet Teir 3. Sixty-seven will need to retool and 1 is requiring extensive changes including needing a new hydrotreater.