When gas was $1.00/gal for 87 octane, it was $1.30 for 93 octane. And now that its $3.00/gal it's still only 30 cents more. Actually instead of paying 30% more for 93 (at $1.00/gal) you're only paying 10% more (at $3.00/gal).
You're paying no more additional for premium now than when it was $1.30.
Does that make you feel any better. Sigh. I still don't feel better about the price either.