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money for used motor oil

money for used motor oil

We put together realistic pricing models from the beginning of the relationship and maintain transparency throughout. The heaters are not allowed in some areas, including California and New York City. It is the top brand as far as oil filters go. Used motor oil can be reprocessed into fuel that can be used in furnaces for heat, or in power plants to generate electricity for homes, schools and businesses. As the industry of recycling used motor oil expands to meet demand, the options for recycling are becoming more abundant and therefore, more complex. “We have a mechanism that gives the provider and us transparency and shows the value of the oil in the marketplace,” he said. “Ask a company what they’re doing with the oil and find out what type of environmental insurance they carry,” said Scott Parker, executive director of Nora, An Association of Responsible Recyclers, in Haymarket, Va. Jim Price, environmental health and safety manager for Valley Power Systems, a member of WheelTime Network LLC, Greensboro, N.C., said he uses several purveyors to pick up his used oil. Even after draining, the filter can contain as much as 10 oz. 1) Will not put in or have a supply of Mobil extended performance, the 15K/ 1 year motor oil. The location sells its oil six months of the year and burns it for the other six months. “Most designs take 3-5 years to go from initial concept to consumer-ready production units.” It isn’t just the value of a gallon of used oil that is benefiting fleets. The BendPak Team • October 27, 2016. Engine Check your engine oil weekly when the car is warm and on level ground. In addition to selling used oil, a number of carriers continue to burn it as a fuel source to heat their shops. “We can sell the waste oil more profitably than we can consume it ourselves,” he said. To find your nearest oil bank check the oil bank web site at www.oilbankline.org.uk, telephone 03708 506 506 or contact your local authority recycling officer. Additive exhaustion 3. These days, for some fleets used oil is now a profit center. Diesel engine oil is sometimes interchangeably referred to as the ‘diesel oil’ and sometimes the ‘motor oil‘ or diesel fuel’ for that matter. Most importantly, our service is top-notch. These can last for up to two years or 18,000 miles between changes, saving you money by having longer service intervals. “If it is stored in tanks outside, it needs to be covered, not mixed with other wastes, and the lids need to be screwed on tight,” he said. That’s where Quest comes in. It will give you up to 15,000 miles of oil filtering before you need to replace it with a new filter. We went to workshops and placed containers for their waste oil. Here in Texas the going rate, believe it or not, is 50 cents a gallon. Think of it this way: When investing your money, you want to diversify your portfolio to minimize any risks in the market. Used motor oil can generate quality energy, if processed, stored and handled with care. Facts about Motor Oil “It fluctuates just like any of the petroleum products,” he said. Moreover, you can consider purchasing a container […] SELECT YOUR STATE. He said he looks at prices of ultra-low-sulfur diesel, oil products and virgin crude oil quarterly to help determine a fair rate. Before signing on with a company, Price said, he checks out the firm on the Environmental Protection Agency’s website, runs a Dun & Bradstreet background check and inspects the transport vehicles. The same goes for the fuel manufacturers. Over the years, Quest has recycled more than 200 million gallons of used motor oil for thousands of customers. Hall and Hinton both said they test used oil from new customers to ensure it meets their acceptance criteria. 950 N Glebe Road Suite 210, Arlington, VA 22203, Energy Agency: Virus to Cause First Oil Demand Decline in Decade, ‘External Source’ Causes Oil Tanker Blast Off Saudi Arabia, Oil Rallies With Strong Jobs Data Adding to OPEC+ Cut Optimism, XPO Names Leadership Team for Logistics Business, Biden’s Go-Big Stimulus Plans Will Test Closely Divided Senate, Recent Acquisitions Bode Well for Trucking in 2021, FMCSA Names Members of Its MCSAC Advisory Committee, Congestion, Slowdown at Ports Cause Growing Concern. Step 1 Collect waste motor oil (WMO) in a black, aluminum container and leave it in the warm sun for a few days; the color and type of the container will help draw heat into the oil, without reaching boiling point. Push the dipstick all the way in, wait a second, and then withdraw it and check the level. Cornell said he puts out a request for proposals on his used oil. 1. P.A.M., which ranks No. The value of used oil also depends heavily on the end market for the product, which is unique to geographic regions and the markets that are available in those areas, industry experts have said. Don’t mix engine oil with any other substance – as this makes it difficult to recycle. Stop-and-go driving in your daily commute can actually cause a lot of damage. Nowadays, it cost’s almost $40 to get your oil changed at Jiffy Lube! It is also sold as a burner fuel to the asphalt industry and is sometimes burned in steel mills. Rather, it should be the oil that lubricates the engine. Recycling engine oil keeps it away from water sources and soil, preventing pollution. This discrepancy is entirely due to each oils' different kinds of base stock, which makes up three-quarters of a typical bottle of oil. A WOCS is a place where private citizens and do-it-yourselfers (DIY) can drop off waste motor oil in an appropriately-designed drum or tank. “If they’re going down the road and a wheel falls off, we’re coming to the party,” he explained, meaning that his company could be held liable and get pulled into a lawsuit. A few years ago, I would have said to have your oil changed at an oil shop. As to flushing an engine out prior to an oil change, I think the man from Ford is absolutely spot on. Depending on the vehicle and motor oil used, diesel oil can even extend the time between your next oil change. If you want to skip this article and read the official government code, Title 40, Chapter I, Subchapter I, Part 279, you’ll learn everything there is to know about used oil disposal and recycling. of residual oil. There are a lot of companies out there that are going to offer you an amazing introductory rate, only to flip the switch sometime down the road and jack their rates up. In the market of used motor oil recycling, a swing in pricing as little as $0.50 per gallon could make or cost you millions. The same goes for the fuel manufacturers. Our rates are extremely competitive. Perry sells his oil to re-refiner Safety-Kleen Systems Inc., Plano, Texas. Recycling engine oil keeps it away from water sources and soil, preventing pollution. Other factors also come into play. Make sure your used engine oil is stored in a sealed container. Previously, it was almost impossible to remove the residual oil left in a used oil filter. Castrol motorcycle oils are some of the most used for professional or personal riding, they offer a versatile selection of all oil types. Used motor oil can come from cars, trucks, motorcycles, boats, tractors, and lawn mowers. Buying a fuel additive is just a waste of money. Certified used oil collection centers will take used motor oil from the public and will pay you 40 cents per gallon. Quest does the same thing with your used motor oil – we diversify the technologies and opportunities to ensure stable, fair prices, and safe recycling. While our competitors built expensive infrastructure around a couple of recycling technologies, Quest partners with 25 of the best-used oil collectors and recyclers in North America, and directs the flow of material to recycle across the optimum mix of recycling technologies at all times. If you change your own oil, you will need to learn how to responsibly recycle your used oil and oil filter. The collection site should be well marked to ensure that it is only used for uncontaminated lubricating oil and it should be serviced regularly by a waste oil transporter. There are tons of great ideas online showing off unique uses for motor oil; use in an oil burning furnace (many people on craigslist are always taking oil for exactly this), keeping it around the shop to help loosen rusted bolts, mixing with diesel fuel for penetrating lube, filtering it yourself for re-use in chainsaws, coating machined parts left in storage, and many more! Most centers will take up to five gallons at a time. Disadvantages. The Royal Purple High Mileage Synthetic Motor Oil is the best high mileage oil on the market. This keeps the parts in shape, providing good fuel efficiency and keeping a good balance of friction and lubrication. You can recycle engine oil at your nearest recycling bank. One gallon of used motor oil provides the same 2.5 quarts of lubricating oil as 42 gallons of crude oil. The most important aspect of this business as a service provider is to recycle motor oil at fair market value. Stop the engine and wait a few minutes for the oil to settle, remove the dipstick and wipe it clean. There are several components to motor oil breakdown. “You paid to have it re-moved, but as re-refining technologies have been perfected, it has become more valuable.”. Because Valley Power Systems, based in City of Industry, has several locations in California, Price takes extra precautions. ... 50 Years of Money-Saving Tips! Facts about Motor Oil Used oil can be re-refined into lubricants, processed into fuel oils, and used as raw materials for the refining and petrochemical industries. One Quart of Used Motor Oil will pollute up to 40,730 Square Feet of Soil! When it’s time to do the oil change, make sure that it is NOT the fuel oil which powers your vehicle that you are changing. Additional storage capacity is for fuel and asphalt extender produced in our re-refining process. Remember the oil filter. Some drivers report the oil lasts up to 2000 miles before minimal oil top-up is required. The only thing wrong with used motor oil is that it is dirty and all the additives have been used up. People with larger quantities, like garages, burn it in shop heaters or they accumulate it and sell it. Oil leaks are expensive. 62 on the for-hire TT 100, recycles oil at all nine of its locations, and Mead negotiated a contract rate with adjustable commodity pricing based on oil prices. You are not truly done with an oil change until you have properly recycled your used motor oil and oil filter. We do it because it is the right thing to do. Recycling in 3 easy steps. Quest doesn’t focus on recycling because it’s the trendy thing to do. Bill Hinton, vice president at United Solutions Inc., Leominster, Mass., a regional recycler with operations in Ohio, Indiana and Kentucky, said the challenge in using the indexes is that they don’t take into account regional demand. Even with the value of used motor oil, Treadway said, Kenworth Sales Co. still charges environmental fees to help cover expenses associated with disposing of other chemicals and oily rags, cleaning uniforms and maintaining the necessary paperwork. Regular oil changes, used with the right motorcycle oil filer, will maximize your engine’s life. The engine is the most important part of your bike and needs to be cared for with the most attention to detail. Our solutions are innovative. Consider a leak that drips once per second can result in a loss of 405 gallons of oil in one year. Also avoid storing used engine oil in containers that once housed other fluids. Find My Local Store. Of this, 48,000 bbls is dedicated for used oil feed and 40,000 bbls is for HCC 150 Group II base oil. When Con-way Truckload, Ann Arbor, Mich., gets rid of its used oil, it is sold to a refinery that pays the carrier $1.50 a gallon — which extrapolates to $4,800 a month, or $57,600 a year, for the 3,200 gallons it produces monthly. It can also be used in industrial and utility boilers, blended for marine fuels, and other uses. Miller said the heater needs to be cleaned monthly, but it has not required any additional maintenance. However, Perry said, Ryder’s contract is proprietary, so he couldn’t disclose the terms. Consider a leak that drips once per second can result in a loss of 405 gallons of oil in one year. Also avoid storing used engine oil in containers that once housed other fluids. As oil prices rose and third parties got better at reprocessing it, the entire market changed. In California, for example, used oil is considered hazardous waste, so it has a slew of reporting requirements. Typically, the filter would be crushed and the oil … With big concerns about the environmental impact of used oil in our waste and water ground. We focus on clear, consistent prices that reflect fair market value, dependable, impeccable service so your tanks never overflow, and complete visibility to all services completed and volume recycled through Q Link, our online dashboard. For Con-way Truckload, burning oil still makes sense. This can be a deterrent to people, but not a big one in light of the fact that there is more time between oil changes which will offset the cost increase. The car, truck, or SUV you’re driving went through a significant investment of time and money by teams of design and development staff before it found its way to the showroom floor. How it Works: Recycling Used Oil and Oil Filters. How Can I Avoid Fees for Used Oil and Filter Disposal? Producing a gallon of re-refined base stock requires less energy than producing a base stock from crude oil. Tried and true is an understatement for Quaker State. Even with the amount that is burned for heat, Nora’s Parker said more than 1 billion gallons of used oil are collected and recycled each year. Cornell said the price for a gallon of used oil would have to increase dramatically to offset the savings Con-way gets from burning it to heat its inspection bays. It’s A Performance Booster: A properly lubricated engine will improve your engine’s efficiency and overall performance. Molecular breakdown You can somewhat fix 1. and 2. by filtration and replenishment of the additives respectively, but there is little you can can do to reverse 3. which is caused by the breaking of the long hydrocarbon chains reducing the viscosity. Blackstone Labs analyzes the contents of used motor oil to check how well engines wear over time. Used oil used to be garbage,but now it is worth money and is bought by the recyclers. I am often asked to visit plants that have excessive amounts of oil leakage in order to make some recommendations. 2) Insist one must change their oil every 5000 miles, no matter what What will you give for it?’ ” Cornell said. Their Purolator Boss oil filter works wonderfully with synthetic engine oil.. “Right now, it is much more cost-effective for us to use it to heat the facility,” he said. For example, Hall said the drier used oil is the more value it has. Mobil engineers have done extensive testing!! Due to environmental concerns, it is also illegal to burn the oil or dump it into a drain. Best Conventional Motor Oil for the Cost. Recycling used motor oil is an industry-standard practice that automotive service providers are all too familiar with. That passion is what has allowed us to work with some of the largest companies in North America. It is our passion. As the industry of recycling used motor oil expands to meet demand, the options for recycling are becoming more abundant and therefore, more complex. One gallon of used motor oil provides 2.5 quarts of lubricating oil; the same amount is produced from 42 gallons of crude oil. Motor oil poured onto the ground, into storm drains, or tossed into trash cans (even in a sealed container) can contaminate and pollute the soil, groundwater, streams, and rivers. Quest believes in maintaining long-term partnerships through honesty and fair practices. Gerald Mead, vice president of maintenance for P.A.M. Transportation Services, Tontitown, Ark., said the fleet gets paid $1.43 a gallon for used oil, plus it’s also able to dispose of antifreeze, cleanup materials from spills, and oil and fuel filters free of charge. Depending on the vehicle and motor oil used, diesel oil can even extend the time between your next oil change. “The savings that we have recognized in the first year, $3,000, are a 55% reduction of our heating bill,” Miller said, noting that the heater cost $10,000. Mineral; The Honda "VTEC-LEV" engine oil is meant for the low-emissions rated engines, e.g. Although this oil is tested for Harley Davidsons, it’s not just a Harley oil, it can be used in any American or Japanese 4-stroke bike that recommends 20W-50 oil. Treadway said he negotiates rates periodically and is currently getting about $1.10 a gallon. We accept used engine oil in sealed containers (No bigger than 10L) at selected sites and will be collected for recycling. Oil change full synthetic at the lube shop costs over $60 bucks, but I can get the oil for $1 a quart (5 quarts) and an oem filter for $8. It is up to carriers to do their homework to secure the best price for their discarded oil, said Randy Cornell, vice president of maintenance for Con-way Truckload. It is resilient to evaporation with all types of vehicles and recommended by race car drivers. Recycling used motor oil conserves a natural resource (oil) and is also good for the environment. That is one year supply for 50 people! Although carriers are passing their used oil along to recyclers, they still are liable for the material. We know it is of value, and they can get paid for it,” he said. Most Autozones will allow you to dump it there for free. Although the oil from their pickups could be mixed with that from other producers, Price said, he prefers to have his own hazardous-waste manifest. One gallon of used motor oil provides the same 2.5 quarts of lubricating oil as 42 gallons of crude oil. It can also be used in industrial and utility boilers, blended for marine fuels, and other uses. With years of experience in the motor oil recycling industry, we understand that the technologies and practices in place today are only going to change tomorrow. 0845 862 3435 Search for: Most motor oil contains about 15 to 30% oil additives straight off the shelf. 12 on the for-hire TT 100. The used oil can be re-refined into motor oils, marine diesel and even Tiki torch oil. oil change businesses want your money, bad. Recycled motor oil can be refined and redistributed pretty much indefinitely. Producing a gallon of re-refined base stock requires less energy than producing a base stock from crude oil. Even after draining, the filter can contain as much as 10 oz. Punch a hole in the oil filter and let the oil drip into the catch container. Oil Monster is the leading waste oil specialist, delivering smooth, friendly and affordable waste oil collections, treatment and recovery for you. Oil filters contain both steel and oil, so they're perfect candidates for recycling. of residual oil. Disposing of used motor oil and oil filters in the garbage is illegal in many jurisdictions. We work with companies who do it correctly, responsibly and understand that the benefits to our planet can also be a benefit to your bottom line. Aftermarket oil supplements can also be used to further enhance oil and engine … Industry officials told Transport Topics that carriers need to exercise caution when selecting whom they work with for recycling. It takes 42 gallons of crude oil but only 1 gallon of used motor oil to produce the same 2.5 quarts of lubricating oil. Quaker State designed this conventional motor oil with this in mind. MinStar’s maintenance facility, NorthStar Diesel Service, also in Eagan, Minn., installed a waste-oil heater for its six-bay truck shop in 2011. That arrangement results in profits and savings of about $72,000 annually, he said. For example, engine oil additives may be used to help a dirty diesel engine run cleaner or to improve seals and block leaks in an older engine. Punch a hole in the oil filter and let the oil drip into the catch container. No crude oil is used when manufacturing synthetic oil and this enhances the performance of any engine. This is now ridiculous. “You bid it out and say, ‘We’re going to produce X number of gallons a month on the average. All of this is done in compliance with the Waste Act. The fuel lines and pumps in a gas engine aren't intended to handle this type of fuel, and many of the sensors used to determine fuel ratios in modern cars simply can't cope well with this variation. Old Oil Boys was founded by Juan Stander in 2012. * You still need to dispose of the used oil and filter and pay the disposal fee. "The process starts when you pour the used motor oil into the opening of the large column. If you operate across several regions or in all 50 states, Quest is the only option that delivers fair market prices and great service. Used oil from a single oil change can ruin a million Gallons of fresh water ! Recycling used motor oil is an industry-standard practice that automotive service providers are all too familiar with. Kenworth Sales has eliminated waste oil burners at its locations as it remodels. Contamination 2. Their 5W-30 motor oil has been sold to vehicle owners for over 100 years. The re-refinery site is operated by 75 full time employees. Whether it's used motor oil, diesel fuel, kerosene, off-spec fuels, used vegetable oil, used gear oil, cutting fluids, transformer oil, bilge oil, and may more, they can all be recycled or re-purposed. Total is $13 and some time, versus $60 and even more time. He averages higher rates in metropolitan areas because of increased competition for the used oil. One gallon of used motor oil provides 2.5 quarts of lubricating oil; the same amount is produced from 42 gallons of crude oil. “You have to look at competition,” he said. Used oil can become a virulent contaminant if it comes into contact with water or soil. Mitch Miller, owner of MinStar Transport, Eagan, Minn., said he stays on top of prices by talking to his colleagues. It is also the bestselling oil, manufactured by a trusted brand that creates formulas for use by different devices. Buying a fuel additive is just a waste of money. Oil filters contain both steel and oil, so they're perfect candidates for recycling. “I went back through our invoices and told the dealerships we’re not going to pay those fees. Recycling oil also reduces our independence on foreign oil; the more oil we recycle, the less oil we need to purchase from other sources. Savings is roughly $45 and about a half hour gained. You are not truly done with an oil change until you have properly recycled your used motor oil and oil filter. Do you really want to do business with a company that stole its pricing practices from a cable company? The global automotive engine oil market size was valued at USD 35.67 billion in 2017 and is projected to expand at an estimated CAGR of 3.7% from 2018 to 2025. There is rerefined oil for use in motor vehicles available to buy at some places, but the great majority of used motor oil is burned for heat.Some industries (such as a portland cement plant I know of here in GA) use it, and there are available all sorts of plans on the Internet(look under waste oil heaters), and commercially manufactured units that have a thermostat, etc. That’s beyond doubt. Till the cost of a Barrel of Crude Oil exceeds $100 or more, recycling of Used Motor Oil into more Motor Oil is not cost effective, and there are doubts that even at $120.00 per Barrel, or more it will never be a break-even proposition. Used oil can be re-refined into lubricants, processed into fuel oils, and used as raw materials for the refining and petrochemical industries. Our strategies are nimble. Con-way’s Cornell said he also ensures his agreements specify that the company buying the oil is following all applicable laws. Top of Page. Don’t mix your used oil with brake fluids or anti-freeze. 3 on the Transport Topics Top 100 list of the largest for-hire carriers in the United States and Canada. Evergreen Oil, Irvine, Calif., is the largest re-refiner in the state and maintains one- to three-year contracts with its customers. “Where are the re-refiners?”. If you long for quality, reliability, and functionality, look no further than the Royal Purple High Mileages Synthetic Motor Oil. However, that same amount of clean oil can be repurposed from just a gallon of previously used motor oil. Good quality oil manufacturers spend a lot of time and money on research to give the best lubricating and cleaning properties to their products. The co-op has a production facility in an industrial park in South Omaha, where the used oil is cleaned up and made suitable for use in powering the motor vehicles owned by the co-op members. D15B 3-stage VTEC or the D17 on the new Civic. In an effort to win business, bundling services among used-oil purveyors has become commonplace, and carriers have been able to negotiate prices that include the disposal of other fluids and contaminated materials. Given the increasing value of dirty oil, Kevin Ferrick, manager of global industry services for the American Petroleum Institute, Washington, D.C., said carriers and shop managers have to decide if it is better for them to sell used oil rather than burn it.

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