Yes, if the interval is 3 months. I believe that a sizeable number of US motorists insist on 3 monthly changes. If it's 6 months, the ratio would be 2:1, of course, so not quite the dramatic saving, but still some.
Btw, some cars sold in Europe have a 15 month interval with the specified synthetic oil. The cars have a 5 year mechanical warranty, so the manufacturers must be confident. And that's not recent - dates back some 5 years or so.