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Petroleum marketers buy fuel on the basis of the "rack price" and the price set by refiners willing to supply Prince Edward Island retailers, mainly the Irving Oil Refinery in Saint John, New Brunswick, which, since August 2013 is the only oil refinery remaining in the Maritimes.
As of August 2021, NPD has 96 petrol stations, most being in the South Island. According to a study from the Commerce Commission, NPD "appeared to have the most impact on the oil majors' prices". [5] As of May 2020 it has 150 staff. [6] According to Gaspy, NPD and Waitomo had the lowest fuel prices in New Zealand in 2019. [2]
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
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Premium gas must be at least 93 octane if it contains 10% or more of ethanol Maryland: 87 89 93 Massachusetts: 87 89 93 Michigan: 87 89 93 85 and 86 octane may be sold if labeled as subregular [6] Minnesota: 87 89 91 110 octane fuel may be available at certain locations in southern parts of the state. Mississippi: 87 89 93 Missouri: 87 89 91/93
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