Rant Oil at $53/barrel - but my oil change price stays the same? - GoFuckYourself.com

SilentKnight · 01-10-2015, 10:44 AM

Got an oil change in the car earlier this morning - but discovered the price has stayed the same as my last oil change...despite the plummeting price of a barrel of crude.

Curious - I talked to the owner about it. He says his supplier has never dropped the price of oil...so he has no savings to pass along to the customer.

Funny how that is...

dyna mo · 01-10-2015, 10:50 AM

what makes that sort of shit even funnier is a gallon of gas costs $2.50 but a quart of motor oil costs $6

SilentKnight · 01-10-2015, 10:59 AM

Quote:

Originally Posted by dyna mo

what makes that sort of shit even funnier is a gallon of gas costs $2.50 but a quart of motor oil costs $6

There's definitely something back asswards in the equation.

dyna mo · 01-10-2015, 11:01 AM

so not only does the price not drop when the wholesale price does, it's artificially inflated to begin with!

nice racket.

Barry-xlovecam · 01-10-2015, 11:36 AM

Gasoline/motor fuels are a fast depleted/replenished commodity so they are more price sensitive. Motor oil has lower 'traffic' so it is no so sensitive - but- when prices go up they rarely come down fast.

Been to a grocery store lately? The lower fertilizer prices have not affected the food chain for meat production yet and wont for months. Some, price sensitive produce, trucked here from Mexico, has come down in price -- I bought a quart of Mexico grown strawberries for $1.67 yesterday but it was a price loss leader probably. Lower diesel fuel prices help make this possible -- so there is some 'trickle down' affect perhaps.

romeo22 · 01-10-2015, 12:01 PM

some1 will make extra profit

blackmonsters · 01-10-2015, 12:22 PM

You have to figure in inventory.

If I have a month's inventory of oil and the price of oil drops; I still have to
sell a months worth of oil at the previous price since I already bought it.

And motor oil is not crude oil and it has to be refined and graded.

.

dyna mo · 01-10-2015, 12:25 PM

Quote:

Originally Posted by blackmonsters

You have to figure in inventory.

If I have a month's inventory of oil and the price of oil drops; I still have to
sell a months worth of oil at the previous price since I already bought it.

And motor oil is not crude oil and it has to be refined and graded.

.

that's not how the pricing works on oil.

I understand motor oil is refined, but it certainly is NOT refined more than gasoline and its refin9ng process doesn't cost 10x more than gasoline.

ravo · 01-10-2015, 12:32 PM

Quote:

Originally Posted by dyna mo

...and its refin9ng process doesn't cost 10x more than gasoline.

Yeah, but packaging and transport does.

blackmonsters · 01-10-2015, 12:56 PM

Quote:

Originally Posted by dyna mo

that's not how the pricing works on oil.

That's how it's going to work in my store no matter what because I'm not going to
change price tags everyday like the price of oil changes.

Quote:

Originally Posted by dyna mo

I understand motor oil is refined, but it certainly is NOT refined more than gasoline and its refin9ng process doesn't cost 10x more than gasoline.

It takes two bottles of liquid petroleum(refined from gasoline) to make an oil bottle to sell the oil in.

dyna mo · 01-10-2015, 12:57 PM

Quote:

Originally Posted by ravo

Yeah, but packaging and transport does.

no, it does not.

01-10-2015, 10:44 AM	#1
SilentKnight Megan Fox's fluffer Industry Role: Join Date: Oct 2005 Location: shooting pool in Elysium Posts: 24,818	Oil at $53/barrel - but my oil change price stays the same? Got an oil change in the car earlier this morning - but discovered the price has stayed the same as my last oil change...despite the plummeting price of a barrel of crude. Curious - I talked to the owner about it. He says his supplier has never dropped the price of oil...so he has no savings to pass along to the customer. Funny how that is...

01-10-2015, 12:22 PM	#7
blackmonsters Making PHP work Industry Role: Join Date: Nov 2002 Location: 🌎🌅🌈🌇 Posts: 20,226	You have to figure in inventory. If I have a month's inventory of oil and the price of oil drops; I still have to sell a months worth of oil at the previous price since I already bought it. And motor oil is not crude oil and it has to be refined and graded. . __________________ Make Money with Porn

01-10-2015, 10:50 AM	#2
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 63,903	what makes that sort of shit even funnier is a gallon of gas costs $2.50 but a quart of motor oil costs $6

01-10-2015, 11:01 AM	#4
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 63,903	so not only does the price not drop when the wholesale price does, it's artificially inflated to begin with! nice racket.

01-10-2015, 11:36 AM	#5
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	Gasoline/motor fuels are a fast depleted/replenished commodity so they are more price sensitive. Motor oil has lower 'traffic' so it is no so sensitive - but- when prices go up they rarely come down fast. Been to a grocery store lately? The lower fertilizer prices have not affected the food chain for meat production yet and wont for months. Some, price sensitive produce, trucked here from Mexico, has come down in price -- I bought a quart of Mexico grown strawberries for $1.67 yesterday but it was a price loss leader probably. Lower diesel fuel prices help make this possible -- so there is some 'trickle down' affect perhaps.

01-10-2015, 12:01 PM	#6
romeo22 你自己去他媽的 Industry Role: Join Date: Mar 2008 Posts: 23,346	some1 will make extra profit