Hi MysterHK, hello everyone,
Quote:
........ if a petroleum company ever decided to make and sell just one octane type of gasoline .......
Since it would have to be a grade that everyone could use, I'd say 92 would be the choice.
The only difference between higher and lower octane gasolines, are the refining times.
Longer refining time = more manufacturing cost.
More octane at the pump = higher cost per gallon.
Price per gallon for a given grade of fuel would not change.
That comany would lose a large percentage of business to it's competitors.
Reference: Economics 101.
Regards, Norm
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