If crude oil went down why didn't my darn 2 cycle oil price go down??!!

[SEASWIRL PAUL]

I'm sick of getting ripped off. The 2 cycle oil I buy used to be 8 bucks, now it's 11. I expect it to go back down but it aint. Any Idea why? Other than someone keeping their profit up high!

Paul

[Wolakrab]

SEASWIRL PAUL - 12/12/2008 8:52 AM

Other than someone keeping their profit up high!

Paul

Bingo.....

[ScarabChris]

My oil did go down. I use the XD-50 for my E-Tecs. At the peak of oil and gas prices the oil was $29.99 a gallon. Now its down to $17.99 a gallon.

That combined with the 1.65 a gallon gas and its almost free to run the boat.

[Kamper]

Hang in ther buddy! Shop around and you can probably get some price relief.

Good luck!

[My Gal]

Seller inventory cost. Like gas, changes with next truck load/order.

[John_Madison CT]

Not to defend the oil companies, but 2 cycle oil never caught up to the full increase in crude oil pricing. It will go down, but there is always a lag in the supply chain. Just a few short months ago crude oil was $147/barrel.

[Knottymaid]

Why did synthetics go up when crude went up?

[My Gal]

Knottymaid - 12/12/2008 10:49 AM

Why did synthetics go up when crude went up?

Because they can!

[On The Edge 1]

If I am not mistaken Synthetic oil is not “artificial” oil as it ‘s name leads people to believe. It is real oil whos molecules have been modified to give better perfomance, or to do things that “regular” oil can not do.

[chiselchst]

On The Edge 1 - 12/12/2008 10:20 AM

If I am not mistaken Synthetic oil is not “artificial” oil as it ‘s name leads people to believe. It is real oil whos molecules have been modified to give better perfomance, or to do things that “regular” oil can not do.

Correct, it's made from crude oil.

[hatterasman]

not electronically tied into the price of crude on the commodities board. its based on actual inventory costs

[ronyon1]

There is a lag time, but you will likely never see the price go back to what it was before the price of crude skyrocketed. Too much money to be had in the form of profits for that to happen.

[SIM]

At least from Yamaha and Merc.............their engines oils did not go up as fast as fuel costs or crude prices didgoing up.OEM oil pricesdid finallycatch up, but it did take a few months.

I would expect as mentioned, the price going down is going to have to do with their inventory. Since boating use is down(at least by us it was) I will imagine it will take a few months to see pricereductions at the retail end.

Andy

[Raybo Marine NY]

heating oil went down- thats more important and makes me happy

[JasonWA]

chiselchst - 12/12/2008 12:45 PM

Correct, it's made from crude oil.

Not all. Some synthetics are parrafin wax based. 2190TEP the Navy uses for the turbines is this way. Others are made through a true all sythetic method.

Here read the Wikapedia about it. Your right for synthetic blends, but a true synthetic is that such as Havoline Synthetic. Most companies offer a true synthetic and then a blend. It is all in the class of synthetic. True synthetics are really expensive.

http://en.wikipedia.org/wiki/Synthetic_oil

[1Mainiac]

Many business's price based on COGS not current market value. And do not have the time to change prices evry time the market goes up or down. Most gas and Oil companies price based on curent market price and as such many change price 2 or 3 times a day to keep up with what they expect to pay to to refill the tank. I know of a few smaller stations that were stuck with high priced fuel that they had to sell for below cost due to price drops.

[Bogii]

xd-50 has been 18 bucks in mexico for 3 years straight go figure

[tobnpr]

Boat builders said they needed to raise prices when the price of oil shot up. Even once the existing inventory is gone, don't hold your breath for prices to come down.

[SEASWIRL PAUL]

Yeah and if gas stays down I may be able to make 30 mile runs again like I used to. But who trusts that the price of gas will stay down? Not me.