Rising oil prices?
if gas prices are higher cause of oil, why have the
prices of oil changes NOT increased?
TB sent us these multiple answers:
1) simple greed.
2) there is a time frame between the time to crude was pumped to
when it is refined. Prices do fluctuate regularly. What was bought
at a higher cost yesterday might be cheaper today but you still have
to sell what you bought yesterday. Add state and federal taxes, cost
for storage, loss and transport, gas prices remain high but not as
bad as other countries.
3) There is no reason for gas prices to jump up on the weekends.
David K helped tackle this question with this:
yes, they HAVE! Maybe the oil change prices do not
fluctuate as rapidly as gasoline prices do, but they definitely have
gone up. Keep in mind that the largest component of the cost of an
oil change is LABOR, not the oil itself, and that is part of the
reason for the prices seemingly not rising and falling as quickly as
gasoline prices. Also, gasoline is consumed much more rapidly (the
average vehicle probably consumes about 12 GALLONS of gas per WEEK
vs maybe 5-6 QUARTS of oil every 3 MONTHS), so the way gasoline is
produced and distributed is much more susceptible to the market
value of crude oil than motor oil is.
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