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Old 01-15-2016, 01:15 PM   #11
hardtimes
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Join Date: May 2010
Location: South California
Posts: 6,188
Default Re: Confused about motor oil prices

Quote:
Originally Posted by spinelll View Post
Please explain this equation to me:

  • Crude oil price rises ($100+/barrel) = gasoline price rises ($4.00+/gal) = motor oil price rises ($4.24/qt). Understood.

  • Crude oil price falls ($35/barrel) = gasoline price falls ($1.87/gal) = motor oil price remains the same ($4.24/qt). Not understood.

How is it that I’m paying $1.87 for a gallon of gas and $17.00 ($4.24/qt) for a gallon oil?
1.87 a gal..wow, how are property prices there !
Complicated subject, for sure. Greed may play a part, but gov control plays a much bigger part ! At least, out here on left coast, TAXES between your price and our 2.87+ gal...is a pure taking/wastefulness of our money ! Roads / highways were to be the best (reason for taxing), but are among worst. Ever listen to 'experts', on this subject. No two agree and they cannot be understood anyway, as they often double as advocates and lobbyist. Complicated, indeed.
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