What is the lag between crude prices and pump prices when the price of crude drops?
I imagine the price increase is near-instantaneous on the way up, but probably lags a bit (or a lot!) on the return trip. Anyone know of a comparison site online with this sort of historic data?
Crude has dropped around 10 dollars in the past month but not seen much sign of this at the forecourt.
Cheers
HV
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Well, took some finding but it makes interesting reading I'm sure you will agree ;o)
ww
HV
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