Costco is limiting purchases of its Kirkland Signature full-synthetic motor oil as prices nearly double amid tightening supplies. A 10-quart package that previously sold for about $30 is now priced at $57.99, with customers limited to two packages per week. Crude oil prices near $100 per barrel are pushing refiners to prioritize more profitable gasoline and diesel production, leaving less capacity for products like motor oil. The pressure comes as the Iran war and threats to major Middle Eastern shipping routes continue to disrupt global oil markets.
Why This Matters:
Costco nearly doubling the price of motor oil from $30 to $57.99 is significant, but the rationing may be the bigger warning sign. Until now, much of the impact from higher fuel costs has shown up indirectly through more expensive groceries, packaging, shipping, and other inflationary pressures. Now consumers are seeing an everyday oil product physically limited as supplies tighten, offering a clearer sign of what could happen if energy disruptions continue. That growing pressure makes reducing dependence on fuel-based backup power more practical and more economical. Solar generators can provide backup power without requiring a continuing supply of gasoline or diesel.
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Source: Jalopnik
By: Andy Kalmowitz
