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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... :disgust |
what makes that sort of shit even funnier is a gallon of gas costs $2.50 but a quart of motor oil costs $6
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so not only does the price not drop when the wholesale price does, it's artificially inflated to begin with!
nice racket. |
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. |
some1 will make extra profit
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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. . |
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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. |
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change price tags everyday like the price of oil changes. Quote:
:1orglaugh |
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