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So I'm reading this thread on the blown engine.. GM stated that the owner didn't follow "Protocal" per the manual. So I opened mine and on Page 9-6 under Track Events and Competitive driving :
"Caution: Not changing the engine oil to 15W-50 may cause engine damage. Engine oil MUST be changed to 15W50 synthetic.
This makes me think it is a waste of time to try to run dexos 5w30.
Sounds like for daily driving it should at least be 0w40 and possibly 15w50.
5W-30 is not a waste for street driving. The lower winter viscosity is better on start-up than 15W oil. Since this is when most engine wear occurs, 5w works. The lower operating temp viscosity, the 30 weight, also works better @ street temps/normal operating temps. The 50w helps when oil temps creep into the 270* and above range but this should rarely if ever be seen on the street.
On my C6, I use a 10W-30 when ambient temps are below 65*. Above that for the track, I will switch to a 5w-40. If engine temps get to 280*+, in goes the 15w-50.