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In consequence, the federal government introduced a fuel excise tax and gave the revenue to the states. Queensland used to provide an 8.354c/L subsidy on most fuels sold in the state, including on unleaded, blended unleaded, LPG and ethanol. The subsidy reflected the lower franchise fee Queensland charged compared to other states prior to 1997.
For Australia the regulated standard for premium unleaded petrol is 50ppm of sulphur and in 2020 the average level of sulphur was 21ppm. [76] In 2021, Viva Energy stated "The average sulphur level in ULP is 53ppm against the standard of 150ppm. For PULP (premium unleaded petrol) the average is 21ppm against a standard of 50.
The Queensland mandate currently requires service stations to ensure that ethanol makes up 3% of their total regular and ethanol-blended unleaded petrol sales each quarter. The mandate commenced on 1 January 2017, with customers remaining free to choose the fuel they use. [ 29 ]
By 1911 petrol surpassed kerosene in sales as the fuel for most vehicles. [ 1 ] [ 2 ] : 48 Most petroleum consumed in Australia was imported but, between 1865 and 1952, various companies made a small proportion locally, from oil shale .
On 1 January 2012, the Nigerian government headed by president Goodluck Ebele Jonathan, tried to cease the subsidy on petrol and deregulate the oil prices by announcing the new price for petrol as US$0.88/litre from the old subsidised price of US$0.406/litre (LAGOS), which in areas distant from Lagos petrol was priced at US$1.25/litre.
The octane rating of typical commercially available gasoline varies by country. In Finland, Sweden, and Norway, 95 RON is the standard for regular unleaded gasoline and 98 RON is also available as a more expensive option. In the United Kingdom, over 95 percent of gasoline sold has 95 RON and is marketed as Unleaded or Premium Unleaded.
Opal is a variety of low-aromatic 91 RON petrol developed in 2005 by BP Australia to combat the rising use of gasoline as an inhalant in remote Indigenous Australian communities. [ 1 ] Though more expensive to produce, requiring a $0.33/litre Federal subsidy, a 2006 report found it would likely save at least $27 million per year when the social ...
"Regular" unleaded fuel is 95 RON; "Premium" fuel is rated at 97 RON (Shell's V-Power Racing is rated minimum 97 RON). Petron sells 100 RON in selected outlets. [70] Mexico: The standard octane index is 87 AKI for regular fuel and anywhere from 91 to 93 AKI for premium fuel, although 91 AKI is the most common octane number for premium fuel.