Costco Rationing Kirkland Motor Oil Amid Oil-Price Surge

1 min read
Source: Jalopnik
Costco Rationing Kirkland Motor Oil Amid Oil-Price Surge
Photo: Jalopnik
TL;DR Summary

Costco is limiting purchases of Kirkland full-synthetic motor oil to two 10-quart containers per customer and raising the price to $57.99 due to crude oil near $100 a barrel. The spike reflects refiners prioritizing fuel over oil, higher branding/licensing costs, and stricter oil chemistries, all amid geopolitical tensions in the Middle East that threaten supply lines; diesel has hit a record $6 per gallon and prices are expected to stay elevated in the near term.

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