I have good friends that work with the financials in the industry and what the news does not tell you is those so called "record profits!" do not go to their pockets. They mostly go right back to paying off loans that they owe on. Petroleum is a long term endeavor that requires a lot of investment for future planning of commodity and pricing. Equipment, maintenance, leases, permits, insurance, research & development, geological surveying and exploration, etc.A bucket Full syn 15w-40 from a US company is now at least $100. i used to buy 5 gal buckets of the standard stuff at tractor supply for as little as $35.99 on sale and $50 regular. But it's no longer a few bucks more and it's undoubtable oil companies have been abusing the supply chain and inflation excuse to report record profit and record stock growth. Not record gross income but net income. I don't want anything from my neighbor anymore if my neighbor is an abusive unamerican subhuman that's desperate to screw me over because they want me to never stop loving thy neighbor no matter what they do.
Honestly it is only a few bucks, and the big bad oil company you're giving your money to could at least be an American big bad oil company. One that pays US rig workers, field workers, refinery workers, and truck drivers.A bucket Full syn 15w-40 from a US company is now at least $100. i used to buy 5 gal buckets of the standard stuff at tractor supply for as little as $35.99 on sale and $50 regular. But it's no longer a few bucks more and it's undoubtable oil companies have been abusing the supply chain and inflation excuse to report record profit and record stock growth. Not record gross income but net income. I don't want anything from my neighbor anymore if my neighbor is an abusive unamerican subhuman that's desperate to screw me over because they want me to never stop loving thy neighbor no matter what they do.
IMO there are two different worlds with a slight difference:I have good friends that work with the financials in the industry and what the news does not tell you is those so called "record profits!" do not go to their pockets. They mostly go right back to paying off loans that they owe on. Petroleum is a long term endeavor that requires a lot of investment for future planning of commodity and pricing. Equipment, maintenance, leases, permits, insurance, research & development, geological surveying and exploration, etc.
It takes up to 18 months to get an already built drilling rig operational, longer if you need to build a new one. And that is if/when you get through the leasing and then subsequent permitting processes. The Government has been shouting about how many leases they've given, but they are stone walling the permitting process (lease is no good without permits), that is one main reason your gas isn't $2/gal anymore. They were releasing millions of barrels out of our strategic reserve to artificially keep prices lower just before the election, that has ended and now pricing will continue to increase. Not to mention if they replenish the strategic reserve it will be at a much higher price now, which all of us get to pay for with our tax dollars.
Overly simplified and plain incorrect to boot.IMO there are two different worlds with a slight difference:
1. In capitalism, “record profits!” generally means a company is delivering what customers want/need better than anyone else. If prices are needlessly higher than the market will bear, customers will take their dollars elsewhere, and “record profits!” evaporate overnight. The caveat is if a monopoly is allowed to exist.
2. (edit - Mod)
Yeah, I heard that on Fox News, and I'm not even an American.I have good friends that work with the financials in the industry and what the news does not tell you is those so called "record profits!" do not go to their pockets. They mostly go right back to paying off loans that they owe on. Petroleum is a long term endeavor that requires a lot of investment for future planning of commodity and pricing. Equipment, maintenance, leases, permits, insurance, research & development, geological surveying and exploration, etc.
It takes up to 18 months to get an already built drilling rig operational, longer if you need to build a new one. And that is if/when you get through the leasing and then subsequent permitting processes. The Government has been shouting about how many leases they've given, but they are stone walling the permitting process (lease is no good without permits), that is one main reason your gas isn't $2/gal anymore. They were releasing millions of barrels out of our strategic reserve to artificially keep prices lower just before the election, that has ended and now pricing will continue to increase. Not to mention if they replenish the strategic reserve it will be at a much higher price now, which all of us get to pay for with our tax dollars.
Oil from the Chinese government......good luck with that. Does it come with a free ballon?I found this. Full syn sinopec 15w-40 for 13.68 a gallon but it's a 4.75gal bucket, a little odd but ok.
It's shipped directly by Walmart so you get free shipping but it's gotta be the first oil listing I've ever seen that includes the PDS in the pictures and for a full synthetic at that price it looks great. Pour point of -43 and a flashpoint of 233. I'm sure that psd will be a fan.
15W40 Synthetic Diesel Engine Oil - 5 Gallon Pail (18L - 4.75 GAL) - Walmart.com
Buy 15W40 Synthetic Diesel Engine Oil - 5 Gallon Pail (18L - 4.75 GAL) at Walmart.comwww.walmart.com
I don't think anyone in this thread is acting like that.some act like they've never bought Chinese stuff in their life & I don't think anyone would buy that arargument.
Since you want to put words in my mouth, I'll put you on ignore so you can argue with yourself.So, if this oil passes API tests and is licensed, you are saying that the ‘American’ API organization is no good, and the money spent IN AMERICA to the API to certify it is no good?
So…. In layman’s terms: what are you asking or telling any of us???So, if this oil passes API tests and is licensed, you are saying that the ‘American’ API organization is no good, and the money spent IN AMERICA to the API to certify it is no good?
You read it here first.You are saying Rotella T6 and Valvoline Blue are off-brands?
That’s just your opinion. I’ll take this opinion as just that.To me they are.
caveat: in the heavy duty synthetic engine oil arena.
In 2015/2016, it was over $40 per gallon and Mobil Delvac 1 5W-40 was not available at Walmart, only Mobil Delvac 15W-40.Yeah the price has gone up a ton over the last year. It used to be $25 at Walmart. Now it's a whopping $35. Madness
Those off-brands are slack wax derived product. They're cheaper to produce. Mobil Delvac-1 is truly a top shelf product and likely much higher quality than it needs to be.
Sometimes the king just likes to show off.
Delvac esp 5w-40 was available at mine for under $25 up until the prices started going up. Are you talking about Delvac SHC 5w-40? That's a really high end extended drain diesel oil that's pretty rare to come by.In 2015/2016, it was over $40 per gallon and Mobil Delvac 1 5W-40 was not available at Walmart, only Mobil Delvac 15W-40.
Chevron Delo 5W-40 and Shell Rotella T6 5W-40 was also available at Walmart and was about $23 per gallon in comparison making Delvac 1 almost 2x the cost.