Drivers Turn Backs On Premium Gas
The Washington Post reports here: If it weren’t for a small but loyal group of customers, Channara Keam would stop selling premium gasoline at his College Park station. Sales of the high-octane fuel are down almost 25 percent over the past year, he said, and it no longer produces the kind of profit margins that dwarf those of lower-grade fuels. "People are still buying it, but not much at all," said Keam, 42. In contrast, sales of regular unleaded gas increased 25 percent during the same period. "People don’t want to pay the high price."
I never wanted to pay the price when it was lower. Unless you’ve got a high-performance machine, there’s no reason to use the supposedly “high-grade” fuels.