Nowadays, it cost’s almost $40 to get your oil changed at Jiffy Lube! "The process starts when you pour the used motor oil into the opening of the large column. I am often asked to visit plants that have excessive amounts of oil leakage in order to make some recommendations. One gallon of used motor oil provides 2.5 quarts of lubricating oil; the same amount is produced from 42 gallons of crude oil. 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. We put together realistic pricing models from the beginning of the relationship and maintain transparency throughout. How it Works: Recycling Used Oil and Oil Filters. Motor oil falls into three distinct categories: conventional, fully synthetic, and semi-synthetic. Oil leaks are expensive. Take your used oil to an oil bank to dispose of it safely and legally. Synthetic motor oil can cost 2 or 3 times more than standard motor oil. “We have a mechanism that gives the provider and us transparency and shows the value of the oil in the marketplace,” he said. It isn’t just the value of a gallon of used oil that is benefiting fleets. The most important aspect of this business as a service provider is to recycle motor oil at fair market value. Locate your nearest store below and put it in the big yellow bin. As to flushing an engine out prior to an oil change, I think the man from Ford is absolutely spot on. Push the dipstick all the way in, wait a second, and then withdraw it and check the level. Rather, it should be the oil that lubricates the engine. The only thing wrong with used motor oil is that it is dirty and all the additives have been used up. Quest believes in maintaining long-term partnerships through honesty and fair practices. The re-refinery site is operated by 75 full time employees. 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. 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. Remember the oil filter. 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. Don’t mix engine oil with any other substance – as this makes it difficult to recycle. That arrangement results in profits and savings of about $72,000 annually, he said. On top of that, you never know if they are doing a good job. Producing a gallon of re-refined base stock requires less energy than producing a base stock from crude oil. Facts about Motor Oil 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. Mitch Miller, owner of MinStar Transport, Eagan, Minn., said he stays on top of prices by talking to his colleagues. 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. Recycling oil also reduces our independence on foreign oil; the more oil we recycle, the less oil we need to purchase from other sources. Old Oil Boys was founded by Juan Stander in 2012. 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. It can also be used in industrial and utility boilers, blended for marine fuels, and other uses. Aftermarket oil supplements can also be used to further enhance oil and engine … * You still need to dispose of the used oil and filter and pay the disposal fee. Top of Page. The "Honda Engine Oil" is a semi-synthetic 15W-40 oil which is recommended for all Honda engines, including the super high spec'ed DOHC VTEC and DOHC iVTEC versions. Con-way’s Cornell said he also ensures his agreements specify that the company buying the oil is following all applicable laws. We collect over 2 000 000ℓ of used motor oil every year which we then deliver to refineries to process and recycle. 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. Some drivers report the oil lasts up to 2000 miles before minimal oil top-up is required. “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. Used motor oil can come from cars, trucks, motorcycles, boats, tractors, and lawn mowers. The added administrative costs decrease the value of a gallon to anywhere between nothing and $1, an oil refiner said. Punch a hole in the oil filter and let the oil drip into the catch container. Global Fuel Recovery is an on-line marketplace where you can buy and sell used oil products and off-spec fuels. The contracts range from a fixed price to an indexed price based on either the Platts recycled fuel oil price or the Nymex, said Darwin Hall, senior vice president of the company. Used oil can become a virulent contaminant if it comes into contact with water or soil. Regular oil changes, used with the right motorcycle oil filer, will maximize your engine’s life. Recycling engine oil keeps it away from water sources and soil, preventing pollution. The oil should be between the two marks. This discrepancy is entirely due to each oils' different kinds of base stock, which makes up three-quarters of a typical bottle of oil. However, that same amount of clean oil can be repurposed from just a gallon of previously used motor oil. Although carriers are passing their used oil along to recyclers, they still are liable for the material. Our strategies are nimble. If you change your own oil, you will need to learn how to responsibly recycle your used oil and oil filter. These days, for some fleets used oil is now a profit center. Consider a leak that drips once per second can result in a loss of 405 gallons of oil in one year. “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. How Can I Avoid Fees for Used Oil and Filter Disposal? It is resilient to evaporation with all types of vehicles and recommended by race car drivers. 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. 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. “I went back through our invoices and told the dealerships we’re not going to pay those fees. Recycling used motor oil is an industry-standard practice that automotive service providers are all too familiar with. Disadvantages. 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. Of this, 48,000 bbls is dedicated for used oil feed and 40,000 bbls is for HCC 150 Group II base oil. Facts about Motor Oil You are not truly done with an oil change until you have properly recycled your used motor oil and oil filter. Also avoid storing used engine oil in containers that once housed other fluids. 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