Quote:
Originally posted by Tony Smith
anyone see the price of Engine Oil or Gear Oil budge an inch? The price of Crude has gone up 80% in the last year, but my brand of Engine Oil iNow with all the crazy fluctuations in the price of Petrol and Diesel, did s still the same price. Now, I see two explanations for this. 1. There is such a massively huge markup in the price of engine oil that they can absorb rises in input costs of 80% and still make a good profit. Why does no-one ever complain about the huge price of oil?, or 2. There are so many additives and detergents in oils these days that the actual mineral oil content is now so insignificant as to not affect the price.
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I think No.1 more than anything else, coupled with the fact that society as a whole simply doesn't use as much oil as propelling/heating fuels.
I DO wonder about the cost of oil used to develop all those other products out there, eg plastics etc. There has to be a million-and-one uses for the stuff we laymen haven't even thought of (I'm sure Mr. Palindrome knows).
At least gas is still cheaper than booze.
