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Old 01-15-2016, 07:29 AM   #1
spinelll
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Join Date: May 2010
Location: Northern New Jersey
Posts: 337
Default 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?
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