I use regular (87 octane) gas, but noticed that mid-grade (89 octane) is at smallest $0.20 more, and premium (93 octane) is usually only another $0.10 more. For example, regular $3.299, mid-grade $3.499, premium $3.599. If someone required 89 octane gas they would save something like $0.10/gallon by mixing 2/3 regular and 1/3 premium.
(1) Is this some kind of legal supply and demand issue, or is near a conspiracy by the oil companies to jack up the prices unnecessarily on high grades, especially mid-grade?
(2) Should higher grease prices cause the price differences between the sundry grades to increase as well? For example, if regular be $1.10 and premium was $1.20, if regular triples to $3.30, shouldn't premium still be $0.10 more at $3.40, not triple to $3.60? Legitimate or a conspiracy?
(3) I live surrounded by NY and in NJ gas prices are plentifully lower, but the price differences fluctuate. Why would NJ gas cost $0.25 less some times, $0.40 smaller amount at other times? Conspiracy or price fixing?
Answers: All of it has to do next to what the market can bar.
If people suddenly stopped driving, the price would shift down. Of course that won't happen since so abundant people in a minute live so far from work, so people will start to cut put money on on other goods as income become less and smaller number disposable income.
Edit:
The market DOES explain price differences between octane level. People are willing to remuneration it, so gas stations are willing to charge it. The average character will not go to the trouble of wadding 1/3:2/3 to get the hoard you suggest.
Walk through the grocery store sometime and look at unit cost on items that are sold contained by bulk vs the smaller packages. You find the same item as gas. People often settle up more when intuition tells them they should be getting a break. Again, if population suddenly stopped buying the more expensive bulk items the price would come down.
It is all souk forces.
The octane numbers are not calculated like that. There is a a bit complex formula to determine octane numbers. They are not necessarily proportional to the content of any particular ingredient.
(1) Is this some kind of legal supply and demand issue, or is near a conspiracy by the oil companies to jack up the prices unnecessarily on high grades, especially mid-grade?
(2) Should higher grease prices cause the price differences between the sundry grades to increase as well? For example, if regular be $1.10 and premium was $1.20, if regular triples to $3.30, shouldn't premium still be $0.10 more at $3.40, not triple to $3.60? Legitimate or a conspiracy?
(3) I live surrounded by NY and in NJ gas prices are plentifully lower, but the price differences fluctuate. Why would NJ gas cost $0.25 less some times, $0.40 smaller amount at other times? Conspiracy or price fixing?
How would I stir going on for...
Answers: All of it has to do next to what the market can bar.
If people suddenly stopped driving, the price would shift down. Of course that won't happen since so abundant people in a minute live so far from work, so people will start to cut put money on on other goods as income become less and smaller number disposable income.
Edit:
The market DOES explain price differences between octane level. People are willing to remuneration it, so gas stations are willing to charge it. The average character will not go to the trouble of wadding 1/3:2/3 to get the hoard you suggest.
Walk through the grocery store sometime and look at unit cost on items that are sold contained by bulk vs the smaller packages. You find the same item as gas. People often settle up more when intuition tells them they should be getting a break. Again, if population suddenly stopped buying the more expensive bulk items the price would come down.
It is all souk forces.
Question just about the TOMTOM ONE XL?
The octane numbers are not calculated like that. There is a a bit complex formula to determine octane numbers. They are not necessarily proportional to the content of any particular ingredient.
Resolved Questions
- Can u serve me go beyond? i...
- How much is petrol / gasoline where...
- Who have on splash map that will...
- How long is 600 miles? contained by...
- Do you ever drive surrounded by the...
- Working contained by the city from NJ?
- Where do race who work contained by...
- Does anyone else relish doing this?
- RideShare from Waterbury, CT - Bridgeport, CT...
- Why do motorist double park and block...