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Grinding isn't an option for a vast majority of the playerbase,and the oil having -no- direct way to grind.
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Take a look at old items from the dragon raids. Most of which are more expensive than current materials.
To add onto these two points: Let's not forget that the Oil is mandatory for the Stage 1 Large Pet Pasture, like Iyasenu mentioned. I (among other people) are screwed out of being able to rest large pets because of this, until the Oil drops in price. Assuming it ever even does. This is especially frustrating whenever you have very few higher level pets, and some of those happen to be large pets, which means you wind up having to hold off on sending them anywhere in the hopes of a special expedition showing up. Or just bite the bullet and send your large pets out, only to kick yourself later when a special expedition pops up and you literally cannot take it because you can't remove the fatigue off your pets.
The rarity of the oil / special expeditions wouldn't even bother me if the Stage 1 Large Pasture didn't require it. Hell, I'd even take a stat-less "lite" version of the first stage if it meant I could rest my large pets without having to obtain oil. I'd even accept it if I had to grind even more Artificial Turf just for this decision, to eventually upgrade the pasture from Stage 0 > Stage 1 > Stage 2. Would it be annoying to grind? Sure, but I'd accept it over what we have. Alternatively: a new pet house altogether that was universal--it'd rest any pet regardless of type. Again, would not mind if it was stat-less and could only house one pet at a time. Just as long as it could house large pets, and did not need oil to make.
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As far as the actual prices for the Oil on the market? Comparing KR to NA is not always accurate. We have a different community and different economy with different factors leading up to that. You should not expect the prices of the Oil to drop to "reasonable levels" on our servers just because they did over in KR. You shouldn't even expect the same price trends between NA's servers. Taking dragon raid materials as an example for that last point: Even between Mari and Nao (and unfortunately, I cannot comment on other servers), prices varied wildly. Black Dragon Heart? I saw it consistently listed for around 20mil or so on Mari, post-Auction House update. 20mil. For an item that has been in the game for many years. An item from a raid which people still farm, if the pop-up text is anything to go by. Since the server merge, that price has only skyrocketed. Now, any time I look, it's been almost always anywhere from 100-200mil. All because three different servers, with three inherently different markets, got merged into one. It's been, what? A year since that merge? And the price is still up there.
My point of that rant is just to show an example: You cannot always rely on something being consistent between the various servers. Some things can be vastly different, and as far as the market goes? Things might be way higher on one server, or plummet way lower on another. Or even the rate, or timing of when each price shift happens will vary between servers. There's no guarantee the Oil will ever be realistically low enough on our servers for the people who cannot afford to drop several million gold for a single pet house stage.
Don't get me wrong. I understand it's not supposed to be easy. I understand this whole thing was designed to be grindy. I do not expect that to ever change. I just wish there was an alternative for large pets that didn't require the oil. And I don't like for something to be handled with "the price will drop eventually" in mind, whenever that's not always the case. I can only hope that either something changes for the better in-game, or that predictions of it dropping to ~100k like KR are accurate (and doesn't take an obscene amount of time to do so).
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Apologies for the text wall; I struggle with condensing my thoughts.
