Premium gas sales are falling, while cars requiring the higher-octane fuel are rising. In 1997 premium fuel sales held 16.6 percent of the market, in 2007 they claimed only 9.4 percent. From 2006 to 2007 premium sales dropped 0.1 percent. Nevertheless, this year there are 282 new vehicles requiring the fuel, in 2002 only 166 new vehicles required premium as their fuel. Drivers, however, regardless of their car requesting or requiring the fuel are deciding regular or midgrade will do. As a result, gas stations around the nation have been running out of the lower grade fuels for up to two days. Measured by volume, premium sales in March 2008 were 0.4 percent lower than in April 2007. [Source: New York Times]
Premium, No Thanks!
Premium gas sales are falling, while cars requiring the higher-octane fuel are rising. In 1997 premium fuel sales held 16.6 percent of the market, in 2007 they claimed only 9.4 percent. From 2006 to 2007 premium sales dropped 0.1 percent. Nevertheless, this year there are 282 new vehicles requiring the fuel, in 2002 only 166 new vehicles required premium as their fuel. Drivers, however, regardless of their car requesting or requiring the fuel are deciding regular or midgrade will do. As a result, gas stations around the nation have been running out of the lower grade fuels for up to two days. Measured by volume, premium sales in March 2008 were 0.4 percent lower than in April 2007. [Source: New York Times]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment