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I'll just say that the point is that manufacturers design their ICEs for a certain octane of gasoline in order to operate at maximum power and maximum efficiency. I have found in my cars having their manufacturers recommend high-octane gas that I'll get noticeably worse mpg when I use lower octanes and also less power/acceleration when using lower octanes. "Penny wise, pound foolish", as they say; gas prices may be high, but high-octane gas generally remains about the same amount of money above low-octane gas when prices go way up (not always true, but I find it generally true), and if you can afford to buy a new Volvo, you can certainly afford the current gas prices. I did a calculation not long ago showing that my reduction in mpg when buying low-octane gas over high-octane gas ends up pretty much a wash (i.e., what you "save" in the cheaper gas, you lose in range/efficiency).
If saving gas money is paramount (for me, it's saving trips to gas stations), you should do as many do: buy a PHEV and really save gas money when driving locally, while still improving your long-distance mpg efficiency (i.e., T8 beats T6 always in terms of gas consumption -- using US drive-train nomenclature; in Europe there are T6 PHEVs, but not in the US).