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
Everyone can explain the market and how it works, but it boils down to the fact that they will charge what they can get away with.
Several years ago, tire prices almost doubled, especially RV and truck tires. The industry response was......the cost of oil! It was funny, because a $250.00 Goodyear went to almost $350.00 overnight. So......oil was about $75.00 a barrel, so I guess that meant that each tire used a couple of barrels of oil per tire to make.
Now at $30.00 a barrel, I don't see the tire prices cut in half. No matter what they say or do, oil has always been a tool used to justify prices going in one direction only.....up.
Several years ago, tire prices almost doubled, especially RV and truck tires. The industry response was......the cost of oil! It was funny, because a $250.00 Goodyear went to almost $350.00 overnight. So......oil was about $75.00 a barrel, so I guess that meant that each tire used a couple of barrels of oil per tire to make.
Now at $30.00 a barrel, I don't see the tire prices cut in half. No matter what they say or do, oil has always been a tool used to justify prices going in one direction only.....up.
