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PURCHASE PRICE VS. VALUE
What is the cost of oil? Some people tell you it’s the price you paid for it. They may even tell you how much money they have saved when they find a less expensive oil.
What is the real cost of oil?
- Its the purchase price.
- Its the cost in service as represented by energy savings.
- Its the cost of labor and replacement parts.
- Its the cost of downtime and lost production.
- Its the oil service life’s represented by oil drain frequency.
- Its the cost of used oil disposal.
These are all part of the oil cost. Evaluate these as you analyze the cost of oil to you.
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