Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

[jtexas]

Price of gasoline at the pumps pretty much tracks with crude oil prices, but I never noticed if motor oil prices fluctuate the same way. What about solvents, plastics & other petrochem stuff?<br /><br />How high does the price of oil have to be before synthetic motor oil becomes the economical alternative (think short-term, not long-haul economics)?<br /><br />just wondering.<br /><br /><br />BTW heard this morning that OPEC is increasing production 2% on April 1. They say the ideal price is around $44/barrel. They talking about that same barrel they have us all over?

 

[kenimpzoom]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

Everything goes up, if crude oil goes up. Plastics, solvents, everything.<br /><br />But nowdays, some oils are made from natural gas. Yes.. gas to oil.<br /> http://www.chemlink.com.au/gtl.htm <br /><br /><br />Ken

 

[JRJ]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

With the opec news, crude futures are up over $56/barrel already. Buy,sell? Guess I'll go fish

 

[NYMINUTE]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

Everything that uses the product gets whacked. Seems to take a bit longer to hit the oil racks.<br />The pirates just aren't making enough $$.

 

[LubeDude]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

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[Dave Abrahamson]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

Wonder if they'll ever come up with "synthetic" gasoline? <br />Maybe refined from "synthetic crude"?

 

[kenimpzoom]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

Synthetic is defined as anything coming from a chemical reaction.<br /><br />Therefore if you change natural gas to gasoline via gas to liquids (which uses chemical reactons), you will have synthetic gasoline.<br /><br />It has already been done, but it was terribly expensive.<br /><br />Ken

 

[NYMINUTE]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

Vasiline, were gonna need it.

 

[sangerwaker]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

You don't actually think they will have the courtesy to use lube, do ya NYM?

 

[Elmer Fudge]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

Originally posted by sangerwaker:<br /> You don't actually think they will have the courtesy to use lube, do ya NYM?

Only if you pay for it yourself, and even then you will still get the red arse

 

[KaGee]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

What's the Oil Doc's opinion?<br />JK!<br /> <br />

 

[DJ]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

Lubricity and world economics are two completely different topics.<br /><br />Which one?

 

[tomatolord]

Re: Crude Oil - Gasoline - Motor Oil - Other Petroleum Products

The issue is 2 things<br /><br />1 US oil refinery production is almost maxed out and there are no new refinery's planned<br /><br />2 - Demand - china and and india - as they modernize and increase mfg production need more oil to do so<br /><br />Nothing to do about #1 except build plants in mexico where the environmentalists are not screaming at you<br /><br />#2 - nothing you can do either but drill for more oil or coal<br /><br />a 1% increase in the US GNP requires a .01% increase in energy needs<br /><br />a 1% gnp increase in china requires a 30% increase in energy