duheme
Life Member
As many of you may know Amsoil was forced by rising energy and supply cost to raise their prices as of August first. Today we recieved notice that they will be raising prices again in September. If any of you guys out there wish to order Amsoil before it goes up again contact either sleddheadd or myself about becomeing a preferred customer and purchase Amsoil at dealer cost.
Just curious what percentages are the increases for Aug and Sept?
duheme
Life Member
The august increase was in the 8-16% range and the projected September increase is to be around 4-7%.
We are aware that back-to-back price adjustments can create a difficult situation for AMSOIL Dealers, but all oil companies are forced to do this. Rest assured, every step was taken to prevent this action. As noted in the State of the Lubricants Industry presentation given at the 35th Anniversary Convention and summarized in the August Action News, AMSOIL has been issued repeated increases from our suppliers, and by much larger percentages than ever before. The Action News article indicates that, in the past 12 months, the price of base oils used in the production of AMSOIL synthetic lubricants has risen by 47 percent. In addition, diesel oil additives are up 24 percent, two-stroke oil additives are up 27 percent and gasoline engine oil additives are up 25 percent, all in the past six months. Those statistics are nearly a month old now and, with suppliers issuing price increases, sometimes on a weekly basis, are quite outdated.