Blue Flame Diesel Oil: Buy Now Before the End of the Year

Oil rig photo by WORKSITE Ltd. on Unsplash

The price of oil has certainly been herky-jerky this year. Pandemic shutdowns in the spring resulted in a sharp decline in fuel prices to the extent that it was more profitable for many oil companies to leave it in the ground than pay to extract and transport it.

Prices at the pump declined as well, which was appreciated by those who were still on the road even though a lot of us were on the sidelines for a spell. By mid-summer, though, crude futures recovered to their target base of $40 and climbing, which helps keep oil companies solvent and truckers on the road. Then again, downstream fuel and oil prices are impacted. 

Apparently oil companies are not losing sleep over that short term hit and things are feeling pretty hopeful going forward. 

In the meantime, however, I saw some news from Champion that came across the wire today. The company has announced a price increase, which means that December might be a good time to stock up for 2021. Here's the story:

Champion Oil Announces MWD Price Increase Effective 2021  

(Clinton, MO 12.08.20) Champion Oil, a major player in development and manufacturing of semi-synthetic and full synthetic motor oils, announced that effective January 1st, 2021 there will be a price increase for Master Warehouse Distributors (MWD) and Private Label Customers.

 

“Champion attributes the increase to a number of factors, one being the recent round of base oil posting increases”, said Karl Dedolph of Champion Brands in Clinton, MO. “In addition, higher freight rates, corrugated packaging, and high demand for resin, caps and bottles due to the massive new/increased demand for cleaning/disinfecting products, which has caused the prices for those commodities to spike. And as is the case with nearly all businesses during the pandemic, the high cost to maintain safe operations and keep plant staffing levels sufficient to run as efficiently as possible.”

 

Why the price increase? https://jobbersworld.com/2020/10/20/why-the-price-increases/

 

It should be noted that Champion Oil, who manufactures primarily synthetic and semi-synthetic motor and engine oils, is not in a direct parallel or correlation with crude oil pricing volatility. The development in creating the base stocks and additives for these oils is a very arduous and expensive process and only in a very small part associated with crude oil.

 

There's little doubt today that synthetics are now superior over conventional mineral based products in almost all scenarios. They feature resistance to high temperature oxidation, good film strength, lower volatility, stable viscosity, improved cold-flow and extended drain interval opportunities.  These properties ultimately result in better operation and life expectancy of engines, gears and other equipment.  This is especially true under harsh or extreme operating conditions.

 

About the company: Champion Brands, LLC, is a globally recognized industry leader in specialty lubricants for over 645 years. Champion also produces and blends over 350 products including fuel, oil, engine additives, and lubricants for the racing, automotive, heavy truck, agricultural, industrial, and specialty markets. For more information call Champion at 660-890-6231. Champion Brands, LLC; 1001 Golden Drive, Clinton, MO, or go to http://www.championbrands.com