I totally agree. It is not worth the money at all! I made one extra trip just to be sure and I had the same reading of 17.9. I notice the engine runs a bit smoother.
If you take your logic and switch from Phillip 66 to Safeway 85 octane, the savings would be $241/year. Given 15Kmiles/year, 3.20/gallon.
The down side is spent 240 dollars buying the last tank of premium gas!
Bill