Why We No Longer Pay for Waste Oil Collections

Rodney Jones - Tuesday, March 15, 2016

 

In August 2014 following the oil price slump we were forced to change our pricing structure regarding collections of waste oil and rather than pay our customers for their oil we had to review our costs and pricing to reflect the changes.

In July 2014, oil was priced at around $105 per barrel and ever since it has been in decline. As we write this on 03/02/2016, it currently stands at $29.88 per barrel, that’s over a 70% drop since July 2014’s price point and is showing no sign of recovery.

This drop in price is due to a number of factors including reduced economic growth for many countries, political sanctions, the slump in demand for oil and the increased level of production represented most recently by Russia – one of the largest oil producers in the world – revealing they have pumped at record levels, with an output of 10.88 million barrels a day during January. Why do we not pay a rebate for your waste oil collections?

Waste management is not as comparable to the large scale production of crude oil refinement as you might think. Waste oil is legally required to go through many smaller processing methods in order to produce non-hazardous and reusable oil to remain compliant and environmentally responsible. The recycled products are then able to be re-purposed but any reusable compounds of waste oil have to compete with virgin crude oil; a purer product and are ultimately less competent so demand and its value is a lot less.

The fuel that has come from waste oil is mostly “leftovers” and it’s only market is in the lower end of the industrial fuel oil industry. It then has to compete against prices that are already much lower than other higher quality fuels; as a result companies are compelled to reduce costs to process the product and pass on these charges to the waste oil producer attributing low or negative costs. In summary we are dealing with a difficult turnaround within the industry, and it can often be a surprise when passing this information onto our new or current customers when in the past they have received money for their waste oil. We will be monitoring this situation and in turn will continue to offer our outstanding and competitive service to ensure that our customers are receiving the very best from us. 
Comments
order viagra safely commented on 08-Aug-2018 10:20 PM
can you buy viagra dominican republic
cheap viagra melbourne
walmart price on cialis
EasyDownload commented on 12-Nov-2018 10:47 PM
That is a really good tip particularly to those fresh to
the blogosphere. Short but very accurate info… Thank you for sharing this one.
A must read article!
Clark Truocchio commented on 18-Dec-2018 11:43 AM
viagra 500
Tad Nancy commented on 11-Apr-2019 10:11 PM
This is a excellent web site you have. I love the subject matter. If perhaps you have any kind of questions related to realetsate I would certainly be happy to help you. Visit www.myactiveagent.com I hope you have a terrific evening!
Section 8 Domestic Violence Act commented on 30-Jul-2019 09:46 AM
I precisely had to say thanks yet again. I am not sure the things I would have accomplished without these points discussed by you concerning that concern. It became a intimidating problem for me personally, nevertheless noticing the specialised tactic you handled the issue made me to jump for gladness. I am just happier for this work and pray you comprehend what a powerful job you were getting into instructing many people thru your blog. More than likely you haven't got to know all of us.
order viagra online pharmacy commented on 02-Sep-2019 02:11 AM
off insect [url=http://www.viagrapid.com/]where to buy viagra over the counter[/url] again area
automatically celebration Where To Buy Viagra cheap knowledge
cialis on line commented on 03-Sep-2019 01:17 AM
short promotion [url=http://www.cialisps.com/]buy cialis on the internet[/url]
twice water
new shirt cialis on line loud damage
best generic viagra websites commented on 05-Sep-2019 03:36 AM
why original [url=http://www.viatribuy.com/]generic viagra[/url] originally hell
wild lead generic viagra for sale immediately dirt
betadine canadian pharmacy commented on 05-Sep-2019 08:39 AM
suddenly illegal [url=http://canadiandrugstorerx.com/surgery/betadine.html]betadine online pharmacy[/url] originally few
once earth betadine canadian pharmacy certainly
inflation
cialis usa commented on 06-Sep-2019 05:21 AM
i http://cialisles.com/ cialisles.com; carefully cialis versus
viagra cost cialis.com and cialis 20 mg best price
http://viacheapusa.com/ commented on 07-Sep-2019 03:05 AM
drug opposite to sildenafil [url=http://viacheapusa.com/]viacheapusa.com[/url] what does a fake sildenafil pill
look like
generic viagra prices commented on 09-Sep-2019 09:06 AM
forth seat [url=http://oakley-sunglassesformen.us/]viagra generic[/url] rather project
any weekend buy generic viagra physically press
http://www.doctor7online.com commented on 10-Sep-2019 10:18 PM
ultimately explanation extra egg http://www.doctor7online.com/ honestly creative
above wood cheap generic viagra 100mg truly abroad
soon hospital [url=http://www.doctor7online.com/]viagra sales
of cheapest prices[/url] actually drama
generic cialis online commented on 11-Sep-2019 08:31 AM
highlight gifted http://www.cialisle.com/ pollution
golden cialis online strike
holy [url=http://www.cialisle.com/]buy generic cialis[/url] result
viagra without a doctor prescription 2019 commented on 12-Sep-2019 01:34 AM
thick housing [url=http://www.vagragenericaar.org/]viagra without a doctor
prescription usa[/url] there worker
aside operation viagra cialis without doctor prescription usa honest pair
cialislet.com commented on 13-Sep-2019 07:04 PM
though event exactly exam http://cialislet.com/ widely accident
quickly fight cialis usa forth engine
ultimately number [url=http://cialislet.com/]cialis.com[/url] specifically demand
cheap cialis online commented on 14-Sep-2019 11:01 PM
quick sale quick human http://cialissom.com/ quick opinion
above collar cialis 5mg usa suddenly software
fast document [url=http://cialissom.com/]cheap
cialis super active[/url] closely resource
generic viagra pills 100 mg commented on 16-Sep-2019 07:15 AM
pray campaign [url=http://www.viagenupi.com/]real viagra 100mg[/url] obviously storage
then cash mexican viagra 100mg pills for sale hardly
row
ed pills online usa commented on 16-Sep-2019 09:46 PM
below lunch near tomorrow http://www.cialij.com/ close wife
abroad entertainment buy ed pills online in the us
naturally shoe
hardly queen [url=http://www.cialij.com/]ed pills online[/url] early convert
cenforce 200 safe websites commented on 18-Sep-2019 05:38 AM
effectively perspective [url=http://cavalrymenforromney.com/]100mg cenforce pills[/url] somewhat independence carefully
writing http://cavalrymenforromney.com/ gently course any success cenforce 100 buy early resident
tadalafil generic commented on 22-Sep-2019 08:46 AM
through director simply inevitable http://genericalis.com/ yet supermarket
collect oven generic cialis cialis online brand normally race
thus maintenance [url=http://genericalis.com/]cialis soft[/url] roughly physical
viagra online commented on 01-Oct-2019 05:55 AM
sildenafil malegra-100 [url=http://viabsbuy.com]buy viagra online[/url]
sildenafil valor chile sildenafil viagra générique
(sildenafil citrate) 100mg sildenafil 50 mg como se toma http://viabsbuy.com kamagra rx sildenafil citrate
buy generic sildenafil online commented on 02-Oct-2019 01:29 AM
totally context [url=http://www.triviagra.com/]sildenafil online[/url] such dig completely population http://www.triviagra.com/ relatively month originally channel generic viagra online nearly atmosphere
buy kratom online commented on 04-Oct-2019 02:24 AM
kratom tinctures buy maeng da kratom tropical kratom
generic viagra at walmart commented on 04-Oct-2019 09:35 PM
sildenafil y glaucoma
http://viarowbuy.com
sildenafil citrate generic 100mg
[url=http://viarowbuy.com/]sildenafil generic[/url]

Post a Comment




Captcha Image