Question:

How long does it take for price of crude oil on a specific day to reflect the price at the pump?

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trying to figure out when is the best time to get gas using recent crude oil price

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2 ANSWERS


  1. Based on past observations, it depends on whether the price goes up or down. If it goes up, the price on the pump is reflected almost immediately. But a lower price seems to take days.

    If an American holiday is approaching, the price of crude doesn't appear to be a factor. Pump prices always go up.


  2. It seems to take 5 minutes.

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