Pump Oil.. cheap vs. "the good stuff"
If you want to use "minimal cost" .. you get minimal lubricity with $3/qt. non-detergent motor oil.
..spend a little more, and get air-compressor 30wt oil.. $6/qt.
..another step up would be the average bottle marked "pump oil" .. $9 to 13/qt.
I suggest 85w90wt synthetic gear oil.. at Wal-Mart.. it is about $9/qt.
..and it is 3 times the insurance of 30wt motor oil in protecting your pump.
If you do an oil change every 3 months ..
.. at approx. 45 hrs/week runtime.. = every 250 hrs.
that's probably only about 1/2 as often as you should, but..
for argument's sake.. let's say $9 per oil change, at 4 x per year..
that's $36 .. let's say $20/yr. more than cheap = a better chance at NOT having back-end problems with your pump
.. ever.
Here's a chart to more easily understand the comparisons of different viscosity ratings..