IS F (2008-2014) Discussion topics related to the IS F model

Premium Gas Prices.

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Old 02-24-16, 05:46 AM
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mmartin061
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Default 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.
Old 02-24-16, 06:43 AM
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Vervish
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I too noticed this last week there was a $1.10 difference between regular and premium at Exxon station - at BP the difference was $0.40.

Not sure if it is maybe an Exxon thing.
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Old 02-24-16, 06:47 AM
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Diesel350
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Nothing but a rip off. Plain and simple.
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Old 02-24-16, 07:00 AM
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I've seen that before, but it was location specific. Try a different location.
Old 02-24-16, 07:09 AM
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SubOrbital
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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.
Old 02-24-16, 07:14 AM
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MileHIFcar
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Here is Denver regular is averaging about $1.40ish and premium is hovering about $1.90 +/-
Old 02-24-16, 07:16 AM
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Justind27
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2.09 yesterday at 76 in Everett wa
Old 02-24-16, 07:46 AM
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One2beH8ed
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$2.47 here in Charlotte, NC
Old 02-24-16, 08:05 AM
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BLexodus
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In my area its usually about a .40-.50 difference but at Costco its only .20-.25.

I use the GAS Buddy app, works well in my area.

Right now my app says Costco is 1.35 for regular and 1.59 for premium. Keep in mind we can only get 91 here in AZ.
Old 02-24-16, 09:37 AM
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Rickna
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About .40 difference in CT. I paid 2.10 at Sam's. But CT has zone pricing-the ultimate rip off.
Old 02-24-16, 09:53 AM
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Just paid $2.44 for premium (91 oct) here in the SF Bay Area... granted, I live in the suburbs, and the other 76 gas station a block away is charging $2.67 for the same thing (just closer to the freeway).
Old 02-24-16, 10:00 AM
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magneti
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1.75 here in baton rouge for premium. regular is a crazy 1.29.
Old 02-24-16, 10:03 AM
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mmartin061
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Originally Posted by magneti
1.75 here in baton rouge for premium. regular is a crazy 1.29.
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.
Old 02-24-16, 10:09 AM
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magneti
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Originally Posted by mmartin061
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.
been using premium since i bought the SC years ago. Usually non-ethanol which is even more. Anything around 2 bucks is a relief since 4 something a gallon got old quick. Never thought Id see these low prices again in my lifetime. Last time was bush's last few months in office but it didnt last but a couple of weeks.
Old 02-24-16, 10:25 AM
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Bigjon3475
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Originally Posted by mmartin061
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.
Regarding turbo cars. Well maybe that's why you're seeing increases. Higher demand, lower supply.

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.


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