You would do good to run a synthetic compressor oil. I also use Amsoil PCK and have ran my compressor at 0*F no problem. The thing about non synthetics or 'dino oil' is that they gel up at much higher temps than a synthetic will. For example, the PCK will pour down to -49* F where a non synthetic will be jello before it gets down to 0*F. People living in the south where it doesn't get that cold or those whose compressors are kept in a heated location can run about any oil but for my application (unheated shop, temps reaching down to -10*F in the winter, when I need air I need air & waiting for the oil to ungel isn't an option) synthetic is the only way to go. Considering that your pump will only take 2 qts max unless you have a monster machine, the extra $2-3/qt for a good synthetic will buy you a lot of operating flexibility for very little money.