Marketing, the same reason why people buy name brand Tylenol or Marlboro. Frankly the entire concept is there to separate you from your money.
Walmart Super Tech - has it been discontinued?
- Thread starter grampi
- Start date
Marketing, the same reason why people buy name brand Tylenol or Marlboro. Frankly the entire concept is there to separate you from your money.
Remember the OPEC oil embargo 50+ years ago? I'm sure you do.
I wasn’t even alive when this happened yet I was surprised no one else mentioned it.
I see… market shortages and global supply disruption shouldn’t affect prices?
Perhaps we can just hope for a recession, you know, to help consumers.
I don't recall the '73-'74 one but the '79 issues I do. You could only by gas on odd/even days based on license plate #. My parents had one odd and one even My job daily was to swap plates as needed so dad go and keep them full so he could go to work. Most places had limits on gallons.
We did a trip towing trailer with a '75 Ford LTD. We had 4-5 Five gallon gas cans inside the trailer in case we needed them. Probably not the safest thing. At the highway fuel stops he would get what he could then pulled around to the opposite side and did it again. We brought the other license plates in case we needed them. Memories!
And that was a product we had to rely on another country for...even then we were getting screwed by the world economy...
It's totally pathetic and you're absolutely right.
Again, if we produced what need in this country, we wouldn't be having this problem...
Some just gotta spend the extra $$$ to get their warm fuzzies...
I kinda feel like you don't understand how all this works...or has worked for generations...
I said it once and I'll say it again, all the non-BITOG-type people in my life thought I was crazy buying oil as often as I did.
Now I'm set for years with top flight oil I bought for about 1/3 of what it's currently priced at in Canada. Who's the crazy one NOW
?
🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢
Now I'm set for years with top flight oil I bought for about 1/3 of what it's currently priced at in Canada. Who's the crazy one NOW
?🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢
I said it once and I'll say it again, all the non-BITOG-type people in my life thought I was crazy buying oil as often as I did.
Now I'm set for years with top flight oil I bought for about 1/3 of what it's currently priced at in Canada. Who's the crazy one NOW
🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢
Oh no, we're still crazy. By sheer accident it just happens to be useful at the moment.
Yup, this. We're definitely still crazy, just not as crazy in the present.
Grabbed some Castrol on "rollback" for less than what supertech was going for
You hang out here don't you?I said it once and I'll say it again, all the non-BITOG-type people in my life thought I was crazy buying oil as often as I did.
Now I'm set for years with top flight oil I bought for about 1/3 of what it's currently priced at in Canada. Who's the crazy one NOW
🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢
Sounds like lack of supply and full of demand.
Were we having these problems 60 years ago? I'll answer for you. No...
I'm not buying the notion that one little strait controls so much supply that it's causing all of these problems...
It's not the straight that's the problem. Refineries in UAE, Bahrain, and Qatar that produce 20% of the worlds supply of high quality Group III base stocks that are used in most modern low viscosity synthetic motor oils were bombed by Iran in May and are currently out of production. They will not be rebuilt and brought back online for the foreseeable future, either. Not until the hostilities have been resolved. Even then it will take years to get that production capacity back.
It's a simple matter of supply and demand.
Petroleum products are a semi-inelastic class of product meaning it is very difficult for consumers (both industrial and end purchasers) to significantly reduce their consumption. The makes supply side shortfalls quite impactful in terms of price pressure. Economics 101.
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