Why doesnt engine oil pricing change as rapidly as gas prices? - GoFuckYourself.com

notjoe · 04-01-2004, 04:52 PM

Well, Engine oil and gas come from the same shit.

So, why is it that i can buy 1 litre/gallon of oil for the same price, consistantly and yet gas prices change daily and sometimes multiple times/day?

Things that make you go hummm....

420 · 04-01-2004, 04:54 PM

start putting the engine oil in your tank. you'll show them!

DR_PHIL · 04-01-2004, 04:54 PM

whole different process, whole different demand.

notjoe · 04-01-2004, 04:56 PM

Quote:

Originally posted by DR_PHIL
whole different process, whole different demand.

Fair enough, Different process, different pricing BUT they're both derived from the same source which is unrefined crude oil, which would mean that the prices on it should change along with the gas pricing.

asuna · 04-01-2004, 04:58 PM

good point!

Lane · 04-01-2004, 05:01 PM

much higher profit margin, thefore price changes of raw oil has much smaller affect on it

Mr Pheer · 04-01-2004, 05:10 PM

a gallon of oil already costs alot more than a gallon of gas

markell · 04-01-2004, 05:11 PM

you dont use as much engine oil as you use fuel..

notjoe · 04-01-2004, 05:12 PM

Quote:

Originally posted by Lane
much higher profit margin, thefore price changes of raw oil has much smaller affect on it

I think gas is broken down more than oil would be thus a barrel of crude will actually yeild more gas than motor oil, however, i refuse to believe that oil companies would eat a loss on each unit of oil sold.

I wonder how many liters of gas and how many liters of engine oil a barrel would produce.

I'm guessing that it would produce far more gas than engine oil, which would mean the oil is much more pure and thus more expensive and like gold, more prone to market value.

mardigras · 04-01-2004, 05:13 PM

Exactly. How many cans of oil do you use a year? Then how much gas? If engine oil went up too high people would put it off causing more dead cars not using gas. See how that works

twistyneck · 04-01-2004, 05:13 PM

Quote:

Originally posted by markell
you dont use as much engine oil as you use fuel..

My 1978 Mustang 2 sure the hell did.

69pornlinks · 04-01-2004, 05:23 PM

Quote:

Originally posted by twistyneck

My 1978 Mustang 2 sure the hell did.

it's a Ford what you expect

notjoe · 04-01-2004, 05:24 PM

markell/mardigras: Consider gas like 12k gold and Engine oil like 18k gold. Which one would be harder hit by shifts in market value?

I agree that while the demand for one is much higher than the other the fact is that the other should also shift in price..

I wonder what the markup is on the oil. If the cost of crude oil rose so much that to produce that every single unit of engine oil cost 15% more to produce, such as gasand the daily changes, why isnt that reflected?

How much has the pricing of gas changed in the last few years? do you think engine oil kept pace?

04-01-2004, 04:52 PM	#1
notjoe Confirmed User Industry Role: Join Date: May 2002 Location: Toronto, Canada Posts: 5,599	Why doesnt engine oil pricing change as rapidly as gas prices? Well, Engine oil and gas come from the same shit. So, why is it that i can buy 1 litre/gallon of oil for the same price, consistantly and yet gas prices change daily and sometimes multiple times/day? Things that make you go hummm....

04-01-2004, 04:54 PM	#2
420 cuck Industry Role: Join Date: Mar 2003 Posts: 11,571	start putting the engine oil in your tank. you'll show them! __________________ <!--BEGIN SIMUTRONICS PLAY BUTTON CODE --> <p align="center"> <a href="http://buddy.play.net/dr?TMOREAU1"> <img src="drplay.gif" width="128" height="64" alt="Play DragonRealms!"></a></p> <!--END SIMUTRONICS PLAY BUTTON CODE -->

04-01-2004, 04:58 PM	#5
asuna Confirmed User Join Date: May 2002 Location: Montreal Posts: 8,743	good point! __________________

04-01-2004, 05:01 PM	#6
Lane Will code for food... Join Date: Apr 2001 Location: Buckeye, AZ Posts: 8,496	much higher profit margin, thefore price changes of raw oil has much smaller affect on it __________________

04-01-2004, 05:10 PM	#7
Mr Pheer Retired Industry Role: Join Date: Dec 2002 Posts: 21,262	a gallon of oil already costs alot more than a gallon of gas __________________ 2 lifeguards for Jessica

04-01-2004, 04:54 PM	#3
DR_PHIL Confirmed User Join Date: Oct 2002 Location: Never visits the same thread twice Posts: 4,099	whole different process, whole different demand.

04-01-2004, 05:11 PM	#8
markell Confirmed User Join Date: Nov 2002 Location: Las Vegas & Los Angeles Posts: 1,190	you dont use as much engine oil as you use fuel.. __________________ blah blah fucking blah

04-01-2004, 05:13 PM	#10
mardigras Bon temps! Join Date: Feb 2003 Location: down yonder Posts: 14,194	Exactly. How many cans of oil do you use a year? Then how much gas? If engine oil went up too high people would put it off causing more dead cars not using gas. See how that works

04-01-2004, 05:24 PM	#13
notjoe Confirmed User Industry Role: Join Date: May 2002 Location: Toronto, Canada Posts: 5,599	markell/mardigras: Consider gas like 12k gold and Engine oil like 18k gold. Which one would be harder hit by shifts in market value? I agree that while the demand for one is much higher than the other the fact is that the other should also shift in price.. I wonder what the markup is on the oil. If the cost of crude oil rose so much that to produce that every single unit of engine oil cost 15% more to produce, such as gasand the daily changes, why isnt that reflected? How much has the pricing of gas changed in the last few years? do you think engine oil kept pace?