How long does it take for crude oil prices to impact gas prices at the pump?
Sunday, June 14th, 2009
tjdrag1 asked:
I’m watching the oil market and notice that crude oil is nearing record his of last month. There was a sudden spike today. How soon should I expect gas prices at the pump to spike? Is it immediate (should I fill up today) or will it take days or weeks to take affect?
Brandon
I’m watching the oil market and notice that crude oil is nearing record his of last month. There was a sudden spike today. How soon should I expect gas prices at the pump to spike? Is it immediate (should I fill up today) or will it take days or weeks to take affect?
Brandon
