FYI...
Quote:
At a time when raw crude oil prices have dropped some 20% from $87 to $69 and gasoline prices drop, sources tell me that Shell has indicated they'll be raising prices on prices of some of their lubricants by as much as 8%. Shell cites the increased cost of raw materials and says that price increases will be implemented in early June.
With Shell making their announcement, it is likely that other lubricant manufacturers will follow Shell's lead, increasing their prices as well. Price increases will likely show up in automotive part stores, quick lube locations, dealer service centers, and gas stations. The increase could be short lived as oil prices and related petroleum product prices dive, but that remains to be seen.
http://blog.gasbuddy.com/posts/Maintenan...409134-304.aspx
Quote:
At a time when raw crude oil prices have dropped some 20% from $87 to $69 and gasoline prices drop, sources tell me that Shell has indicated they'll be raising prices on prices of some of their lubricants by as much as 8%. Shell cites the increased cost of raw materials and says that price increases will be implemented in early June.
With Shell making their announcement, it is likely that other lubricant manufacturers will follow Shell's lead, increasing their prices as well. Price increases will likely show up in automotive part stores, quick lube locations, dealer service centers, and gas stations. The increase could be short lived as oil prices and related petroleum product prices dive, but that remains to be seen.
http://blog.gasbuddy.com/posts/Maintenan...409134-304.aspx
