I'm not being snide, but why didn't you buy GM's oil? It seems to me that if GM is willing to warrant the engine for 100,000 miles, they would use "the best oil money can buy". Does Mobil 1 exceed the Dexos requirements? And, if so, is it necessary for an engine that sees the kind of usage the Volt engine sees?
At least for the Gen1, I can't think of one item that could be considered "cheap". That probably goes for the Gen2, also.