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If oil prices remain high
Posted on 5/26/26 at 10:12 pm
Posted on 5/26/26 at 10:12 pm
Will we see a big push in the used motor oil recycling industry? Since many people take their cars in to a five minute franchise - or change oil at home and bring it to an auto parts store - shouldn't it be easy to get it back to a refiner who could reprocess the oil?
I did some looking and Clean Harbors (CLH) - via Safety Kleen subsidiary - is the biggest motor oil recycler in the US. I didn't see any other publicly traded companies in this realm.
What are thoughts on this angle? Personally, I think oil will remain high especially if the economy keeps clicking. Crude demand will stay up and supply is super tight, even after the war premium goes away.
Not talking bio fuels. Specifically, motor oil recycling opportunities and viability.
I did some looking and Clean Harbors (CLH) - via Safety Kleen subsidiary - is the biggest motor oil recycler in the US. I didn't see any other publicly traded companies in this realm.
What are thoughts on this angle? Personally, I think oil will remain high especially if the economy keeps clicking. Crude demand will stay up and supply is super tight, even after the war premium goes away.
Not talking bio fuels. Specifically, motor oil recycling opportunities and viability.
Posted on 5/27/26 at 6:15 am to TDFreak
Motor oil recycling and crude oil pricing have little correlation. Most people don't change their own oil anymore, and even for the ones that do, you're talking about gallons per year in most cases.
This post was edited on 5/27/26 at 6:17 am
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