Oil prices down.Y is a quart so high?

jolooote wrote:
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 $5.00 a QUART???:M

Because it's not the same product, for one. If cotton prices go down do you think a shirt is going to be less?

We are lucky to see gasoline and other fuel prices falling. It is about inventory being held, there is just so much tank space.