The Ford Barn - View Single Post

spinelll · 01-15-2016, 07:29 AM

Please explain this equation to me:

Crude oil price rises ($100+/barrel) = gasoline price rises ($4.00+/gal) = motor oil price rises ($4.24/qt). Understood.

Crude oil price falls ($35/barrel) = gasoline price falls ($1.87/gal) = motor oil price remains the same ($4.24/qt). Not understood.

How is it that I’m paying $1.87 for a gallon of gas and $17.00 ($4.24/qt) for a gallon oil?

01-15-2016, 07:29 AM	#1
spinelll Senior Member Join Date: May 2010 Location: Northern New Jersey Posts: 337	Confused about motor oil prices Please explain this equation to me: Crude oil price rises ($100+/barrel) = gasoline price rises ($4.00+/gal) = motor oil price rises ($4.24/qt). Understood. Crude oil price falls ($35/barrel) = gasoline price falls ($1.87/gal) = motor oil price remains the same ($4.24/qt). Not understood. How is it that I’m paying $1.87 for a gallon of gas and $17.00 ($4.24/qt) for a gallon oil?