I have run into much premium fraud here from independent stations. Anyone with a high HP turbo motor can tell in short orderCostco where I buy while at work, is $3.439 regular and $3.939 premium. Premium had hit $4.079 two weeks ago.
Premium is troubling, it isn't like it was in 1999 where it was elastic. Back then, if there wree a new 18 cent gas tax, regular was 18 cents more overnight. But premium was something less than the tax, maybe 10 cents.
Remember the days when premium was 20 cents more than regular, regardless if regular were $0.999, or $3.099? This was literally the case in 1999, and after the hurricane Katrina in summer 2005. Mid grade 10 cents more, premium 20 cents, even when regular was over $3. This spread remained nearly fixed.
I rembere that. The spread was so small it was not a big deal to get premium.Costco where I buy while at work, is $3.439 regular and $3.939 premium. Premium had hit $4.079 two weeks ago.
Premium is troubling, it isn't like it was in 1999 where it was elastic. Back then, if there wree a new 18 cent gas tax, regular was 18 cents more overnight. But premium was something less than the tax, maybe 10 cents.
Remember the days when premium was 20 cents more than regular, regardless if regular were $0.999, or $3.099? This was literally the case in 1999, and after the hurricane Katrina in summer 2005. Mid grade 10 cents more, premium 20 cents, even when regular was over $3. This spread remained nearly fixed.