From Pennzoil tech support:
Thank you for your interest in our product. The shelf life of the Pennzoil Platinum is 5 years under the conditions you describe.(stored in 68*F basement unopened) After this time the additives may start to drop out of solution. In addition oil is normally improved about every 3-5 years and the newer vehicles are designed to run on the latest oils for warranty and optimum performance issues.
Sincerely
Product Technical Service
Thank you for your interest in our product. The shelf life of the Pennzoil Platinum is 5 years under the conditions you describe.(stored in 68*F basement unopened) After this time the additives may start to drop out of solution. In addition oil is normally improved about every 3-5 years and the newer vehicles are designed to run on the latest oils for warranty and optimum performance issues.
Sincerely
Product Technical Service