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
Old-Biscuit wrote:Add to that, all the new government environmental regulations and higher wages, taxes, etc.
GO buy yourself a barrel of that OIL.....
Oh wait.
That OIL is crude straight out of the ground.
Would need to process it.......separate the impurities from the oil then separate the oil based on molecule size by distillation then deasphalting then solvent extraction then solvent dewaxing then finishing then you get a final base oil which has to be shipped to processing plant for additives, packaging then shipped to retail stores.
Perhaps that $5 quart would be even more if the price of oil hadn't come down...........:?
