Premium Performance
12/28/2023 |
While the cost of gasoline has fallen from a high of $5.01/gallon in 6/22 to $3.07/gallon now, the differential between regular and premium, the premium ‘premium’ keeps rising. In 1994, the premium was $0.20/gallon, where it remained as recently as 2006. By 2016 it was $0.40/gallon, by 2019 it was $0.60/gallon, and now it’s $0.91. A key reason is requiring premium makes reaching CAFE fuel-economy standards easier.