Now with all the crazy fluctuations in the price of Petrol and Diesel, did 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 is 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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