Many people use premium gasoline in the belief that it's better for engines than regular. That can be a costly mistake, especially during times of high fuel prices. Octane grades don't represent a "good, better, best" choice; they simply measure the resistance of fuel to knocking or pinging, a condition in which gasoline burns uncontrollably in the engine's combustion chambers. Knocking and pinging can damage an engine.
While high-octane formulations resist knocking better than lower octanes, most engines are designed to take regular gas, which has an octane rating of about 87. Engines requiring premium gas are typically the more powerful ones found in sports and luxury vehicles. Those engines use a very high compression ratio, making them more vulnerable to knocking, so recommended fuels have octane ratings of 91 or higher. Using premium gas in an engine designed to run on regular doesn't improve performance.
Some engines for which premium gasoline is recommended can run on regular without problems. That's because the engine's knock-sensor system detects the presence of uncontrolled burning in the chambers. When it does, the engine's computer-control system retards engine timing, eliminating the knock but slightly reducing power. If you don't mind giving up some performance, you can run these engines on less expensive regular gasoline. To check whether your engine is capable of running on regular gas, read your owner's manual or ask your dealership's service department.