Squeaks like crazy

This wheel certainly serves it's purpose and the cost was good but it squeaks like no other. We have 2 other wheels in the house and neither make noise anywhere close to this one. It is SO loud and constant. We've had it about a month and I'm oiling it every 3-4 days. Now it's starting to look rusty at those spots. I'm about to toss it and order a different one.

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