Engine oil prices

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.

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.

Everyone easily raises prices, no one quickly lowers them.

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,

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