Quote:
Originally Posted by zen
You have the difference in cost between 87 and 93 at .25 in both cases. However, as the price goes up the difference in cost increases to .30 (if I remember from the past). Therefore, your analysis will not be correct relative to the future.
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You are suggesting that premium costs a percentage more, as opposed to a fixed amount more?
Hmmm....you could be right. If so, then yes, rising gas prices may drive up the costs of selecting a V8.
Here's a freakonomics blog link from a few years back where it was noticed that as the price of regular gas when up, the gap between regular and premium widened...but not for the reasons you would expect...
http://freakonomics.blogs.nytimes.co...f-premium-gas/