http://www.epa.gov/otaq/rfg/faq.htmThere's more in the FAQ, good info. Check the Where you Live for counties that have opted in and out of the ReFormulated Gas deal.
My county sells RFG, but the one 2 miles away where I generally buy my gas, has the old stuff.
If you DO have RFG, then it is a state by state, county by county thing whether it has ethanol or MTBE supplying the oxygenation that makes it reformulated.
Ethanol is bad, eats up rubber parts like your high dollar fuel pump. SO, it sounds like you should use......
Non reformulated, high octane gas. I use Chevron or BP which sells what used to be Amoco. 93 octane. Incidentally, Amoco made unleaded fuel since the 50's, people used to call it white gas. It is very clean running. Amoco 93 had a funny champaigne color, the BP premium looks the same to me. Exxon premium is purple and will stain the insides of your fuel system purple. Runs fine though. Kind of cool, actually.
Reformulated gas, with MTBE. It has been banned in the usual places, the blue states. There are some potential health hazards, i.e. the perception, anyway.
Reformulated gas with ethanol. Supposed to be bad, I wouldn't use it unless I had to. I wonder if there is an additive that would prevent the negative effects of the ethanol on rubber. My guess is that the engine would probably adjust to the fuel quality or lack thereof.
You can probably get away with crappy gas for a while. You could also put cheaper plugs in, half the ones on the shelf will fit in that engine. There are dozens of cross referenced ones, any auto part store.
You could use conventional petroleum oil, too. It works fine for a while.
You don't HAVE to put the cover on it, lots of people never cover their boat. If you're going to treat it like a Bayliner, why not just get a Bayliner?