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Due to ethanol's greater stability under pressure it is used by Shell in their 100 octane fuel. Similarly IFS add 10% ethanol to their 91 octane fuel, label it premium fuel and sell it more cheaply than regular unleaded. This is converse to the general practice of adding ethanol to a lesser quality fuel to bring its octane rating up to 91.
lower octane gas can be sold if labeled as "sub-standard" or "sub-regular" [11] South Dakota: 85/87 87/89 91 85 octane must be sold with a warning label displayed at the pump. [12] 85 and 86 octane can be sold as regular fuel only in the counties of Butte, Custer, Fall River, Harding, Lawrence, Meade, Oglala Lakota, Pennington, and Perkins.
"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.
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.
Oil prices bounced around quite a bit in 2024. They rallied more than 20% at one point -- topping $85 per barrel -- before cooling off toward the end of the year. Oil was recently below $70 a ...
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.
Among the beneficiaries of the current state of the oil market are U.S. motorists, who have seen gasoline prices fall to their lowest in 2 1/2 years to near $3 a gallon.
The Philippines Biofuels Act 2006 requires oil companies to use biofuels in all "liquid fuels for motors and engines sold in the Philippines." All gasoline sold in the country must contain at least 5 percent ethanol by February 2009, and by 2011, the mandated blend can go up to 10 percent. [ 1 ]