subject: Motor Oil Prices Suffer Due To Inflation [print this page] US auto makers have been going through some major changes. Chrysler and GM both had to beg for bail outs from our government. Ford has some similar changes. This was all the result of the combination of a speculative housing bubble fed by easy lending practices. Adding insult to injury were skyrocketing oil prices forcing people into more respectable fuel efficient cars instead of SUVs and big trucks.
So now we're left wondering which direction to go in. We just bottomed out in the recession that slammed the brakes on American productivity. The federal deficit is out of this world and the national debt is ravenously clawing its way up. The Feds have the answer though...they'll just print more money. In effect, we'll see an inflation of the almighty dollar along with escalating commodity prices.
The cost of gold, copper, oil and things with physical intrinsic value is going to take a huge leap. Everything is going to increase in cost...electricity, gasoline, food etc., but your paycheck will likely remain the same, if you're lucky enough to still have your job, that is. How much longer can this go on? That's a tough one to answer.
Now more than ever is the time to protect your assets, pay off that high interest debt, and be conscientious of the possessions you have now...
So what does that mean when it comes to your car or truck? First off, you don't need another car payment, so making this vehicle last is important. The only way to keep a vehicle running is to maintain it properly like changing your motor oil, and that really only takes a minimal amount of energy, and that's energy well spent.
You might consider a synthetic oil change with extended drain intervals to increase your engine protection and save money. Your vehicle has been faithfully serving your needs so why not spend a few extra pennies to breathe some life into it instead of emptying your piggy bank on a new car payment that you'll have to eventually spend money maintaining anyway?
As oil prices climb the painful filling of the gas tank will return and with the money presses cranked up to full tilt right now the next gas pump price spike could be a big one. Fuel economy is going to become a mainstream topic again and you'll want get your vehicle tuned up to provide the best mileage possible. A little research into synthetic gear oil, transmission oil, and a good synthetic oil change is worth a potential 7% increase in gas mileage. If gasoline prices start to hint at $4 a gallon or more again this can mean huge savings for you.
The bottom line is that your money is going to stay put regardless of what the economy does.
