How long does it take for crude oil prices to impact gas prices at the pump?

Posted by admin
oil prices
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
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    • This entry was posted on Sunday, June 14th, 2009 at 9:38 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    No Responses to “How long does it take for crude oil prices to impact gas prices at the pump?”

    1. Sykopup Says:
      June 17th, 2009 at 12:57 pm

      The price at the pump increases at the price at the pump increases at the mere mention of crude oil.