Engine oil prices

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Old 21 Nov 2005, 09:03 am   #1 (permalink)
Pszemol
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Default Engine oil prices

Have you noticed how rediculusly high the oil is priced?

Where do you get your oil? I have been buying it at Walmart
and I remember Castrol GTX was for about $1.5-$1.7/Qart
and $5.5-5.7/5Quart. Then the 5 Quart container moved
to over $7, then $9 and yesterday I check the price and
it was over $10/5Quart. 1 quart bottles were priced $2.29
What the hell is going on ? Does it relate to the price
of gas ? But we did not get two fold increase...
And the price of gas is falling very quickly but the oil
continues to climb. Where is the good place to get the
Castrol oil cheaper in retail ? I make many miles on my
'95 camry and to stick to 3000 oil replacement I need to
do an oil change every 8 weeks and the current price makes
is very painfull experience ;-)
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Old 21 Nov 2005, 10:23 am   #2 (permalink)
m Ransley
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Default Re: Engine oil prices

Havnt you heard the price of oil is up

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Old 21 Nov 2005, 11:43 am   #3 (permalink)
Pszemol
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Default Re: Engine oil prices

"m Ransley" <ransley@webtv.net> wrote in message news:29741-4381F495-858@storefull-3137.bay.webtv.net...
> Havnt you heard the price of oil is up


But not that much! And it is going down for several weeks now.
I payed for regular unleaded $2.19/gallon. If I remember correctly,
about 16-18 months ago it was around $1.80 per gallon...
In the same time span the quart of Castrol GTX oil went up from
about a dollar to $2.29 I payed yesterday... It is more then twice.
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Old 21 Nov 2005, 03:31 pm   #4 (permalink)
JM
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Default Re: Engine oil prices


"Pszemol" <Pszemol@PolBox.com> wrote in message
news:dls2hr.25g.0@poczta.onet.pl...
> Have you noticed how rediculusly high the oil is priced?
>
> Where do you get your oil? I have been buying it at Walmart
> and I remember Castrol GTX was for about $1.5-$1.7/Qart
> and $5.5-5.7/5Quart. Then the 5 Quart container moved
> to over $7, then $9 and yesterday I check the price and
> it was over $10/5Quart. 1 quart bottles were priced $2.29
> What the hell is going on ? Does it relate to the price
> of gas ? But we did not get two fold increase...
> And the price of gas is falling very quickly but the oil
> continues to climb. Where is the good place to get the
> Castrol oil cheaper in retail ? I make many miles on my
> '95 camry and to stick to 3000 oil replacement I need to
> do an oil change every 8 weeks and the current price makes
> is very painfull experience ;-)


Well MOBIL 1 is over $60 for a 4.5 ltr bottle.
here in the UK.

Petrol just dropping a bit now to Circa. just inder $7.0 a gallon.

Try them eggs.

Johnny. UK.


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Old 22 Nov 2005, 05:52 am   #5 (permalink)
m Ransley
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Default Re: Engine oil prices

Everyone easily raises prices, no one quickly lowers them.

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Old 22 Nov 2005, 06:29 am   #6 (permalink)
Mark A
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Default Re: Engine oil prices

"Pszemol" <Pszemol@PolBox.com> wrote in message
news:dls2hr.25g.0@poczta.onet.pl...
> Have you noticed how rediculusly high the oil is priced?
>
> Where do you get your oil? I have been buying it at Walmart
> and I remember Castrol GTX was for about $1.5-$1.7/Qart
> and $5.5-5.7/5Quart. Then the 5 Quart container moved
> to over $7, then $9 and yesterday I check the price and
> it was over $10/5Quart. 1 quart bottles were priced $2.29
> What the hell is going on ? Does it relate to the price
> of gas ? But we did not get two fold increase...
> And the price of gas is falling very quickly but the oil
> continues to climb. Where is the good place to get the
> Castrol oil cheaper in retail ? I make many miles on my
> '95 camry and to stick to 3000 oil replacement I need to
> do an oil change every 8 weeks and the current price makes
> is very painfull experience ;-)


Both gasoline and motor oil are based on the price crude oil. Motor oil is
not based on the price of gasoline.

Crude oil prices have been close to $70 in recent months, which is more than
double that of a year ago. Crude prices are actually down to below $60 right
now, but the oil you see on the shelves was probably made from the higher
priced crude. You might see a slight dip in a few months. Gasoline prices
react quicker to price of crude because it is refined and delivered to
consumers much faster than motor oil.

Also, the price of gasoline will not double when crude oil doubles,
partially because each gallon of gas at retail contains a substantial
federal, state, and local tax that is a fixed price per gallon.


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Old 22 Nov 2005, 10:53 am   #7 (permalink)
Pszemol
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Default Re: Engine oil prices

"Mark A" <nobody@nowhere.com> wrote in message news:MP2dnbtb37Snkh7eRVn-qw@comcast.com...
> Both gasoline and motor oil are based on the price crude oil.
> Motor oil is not based on the price of gasoline.
>
> Crude oil prices have been close to $70 in recent months, which is more than
> double that of a year ago. Crude prices are actually down to below $60 right
> now, but the oil you see on the shelves was probably made from the higher
> priced crude. You might see a slight dip in a few months. Gasoline prices
> react quicker to price of crude because it is refined and delivered to
> consumers much faster than motor oil.
>
> Also, the price of gasoline will not double when crude oil doubles,
> partially because each gallon of gas at retail contains a substantial
> federal, state, and local tax that is a fixed price per gallon.


Sounds fair...

My other question was - is there a way to get a better deal than when
purchasing oil in one quart retail packages ? Can I buy, for example,
10-20 gallon drum of Castrol GTX somewhere to get it cheaper than $2.29/quart ?
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Old 22 Nov 2005, 04:51 pm   #8 (permalink)
davidj92
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Default Re: Engine oil prices

Pszemol wrote:

> Sounds fair...
>
> My other question was - is there a way to get a better deal than when
> purchasing oil in one quart retail packages ? Can I buy, for example,
> 10-20 gallon drum of Castrol GTX somewhere to get it cheaper than
> $2.29/quart ?


I purchase oil for the city owned water/sewer utility and the wholesaler
will sell me a 55 Gal drum of oil at wholesale price plus tax. Couple guys
at work have Ford's with the 7.3L diesel so they split a barrel as each
truck will use 14 or 15 qts each change. There might be smaller quantities
available, I know they make a (appx) 30 gal barrel, but not if they sell oil
in it. Check for a wholesaler in your area.
HTH, davidj92


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