Chenoweth on gasoline quality and the need to provide octane rating information to consumers

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Sherry Chenoweth talks about a bill that would require octane rating to be disclosed to consumers. This would give consumers information about the minimum quality of gas required by a car, and would be actual factual information rather than meaningless descriptions such as ?regular, premium, super premium? that even the oil companies can?t agree about. She says Chicago is the only city in the nation where stations must post gas octane ratings. The city council there passed the ordinance despite strong opposition from car manufacturers and oil companies claiming this couldn?t be done. She said an FTC study finds average consumer overbuys gas which is too rich for car by $50 a year, which doesn?t do anything to increase car functioning, thus wasting that money. She answered a question about a connection with the rising price of gas saying if we know what we?re buying maybe we can buy lower grade and save money. She said the consumer today really does not know anything about the gasoline he is buying for his automobile.

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