Why doesnt engine oil pricing change as rapidly as gas prices?

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  • notjoe
    Confirmed User
    • May 2002
    • 5599
    #1

    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....
    Tags: None
    • 420
      cuck
      • Mar 2003
      • 11571
      #2
      start putting the engine oil in your tank. you'll show them!
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        Comment

        • DR_PHIL
          Confirmed User
          • Oct 2002
          • 4099
          #3
          whole different process, whole different demand.

            Comment

            • notjoe
              Confirmed User
              • May 2002
              • 5599
              #4
              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.

                Comment

                • asuna
                  Confirmed User
                  • May 2002
                  • 8743
                  #5
                  good point!

                    Comment

                    • Lane
                      Will code for food...
                      • Apr 2001
                      • 8496
                      #6
                      much higher profit margin, thefore price changes of raw oil has much smaller affect on it

                        Comment

                        • Mr Pheer
                          So Fucking Banned
                          • Dec 2002
                          • 22083
                          #7
                          a gallon of oil already costs alot more than a gallon of gas

                            Comment

                            • markell
                              Confirmed User
                              • Nov 2002
                              • 1190
                              #8
                              you dont use as much engine oil as you use fuel..
                              blah blah fucking blah

                                Comment

                                • notjoe
                                  Confirmed User
                                  • May 2002
                                  • 5599
                                  #9
                                  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.

                                    Comment

                                    • mardigras
                                      Bon temps!
                                      • Feb 2003
                                      • 14194
                                      #10
                                      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
                                      .

                                        Comment

                                        • twistyneck
                                          So Fucking Banned
                                          • Jan 2002
                                          • 4660
                                          #11
                                          Originally posted by markell
                                          you dont use as much engine oil as you use fuel..
                                          My 1978 Mustang 2 sure the hell did.

                                            Comment

                                            • 69pornlinks
                                              Confirmed User
                                              • Mar 2003
                                              • 5560
                                              #12
                                              Originally posted by twistyneck


                                              My 1978 Mustang 2 sure the hell did.

                                              it's a Ford what you expect
                                              It IS what it IS

                                                Comment

                                                • notjoe
                                                  Confirmed User
                                                  • May 2002
                                                  • 5599
                                                  #13
                                                  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?

                                                    Comment

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