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....

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

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.

good point!

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

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

you dont use as much engine oil as you use fuel.. :2 cents:

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.

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:glugglug

My 1978 Mustang 2 sure the hell did.

it's a Ford what you expect :1orglaugh

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?