Oil prices down.Y is a quart so high?
Hi all. Going to change the oil in my Class'A'. Went to the auto parts store to get the oil. Conventional. A Barrel (55 Gallons)sells for about $32 on the world market. WHY does it STILL cost about $5...
Forum Discussion
Additives and processing make up a sizeable chunk of the cost. Even at $100/barrel, the oil itself wasn't the majority of the cost of a quart.
And as someone else said...when prices go up there is a lot of incentive and little to lose raising them quickly. When prices go down, there a lot of incentive and little to lose dropping them slowly.
And as someone else said...when prices go up there is a lot of incentive and little to lose raising them quickly. When prices go down, there a lot of incentive and little to lose dropping them slowly.
