[Oshkalaboomboom]

It’s been like that for as long as I can remember. If the price of oil goes up pump prices go up instantly but if they go down it lags by ages.

[P.O.E.]

Funny how that works.

[Ymani Cricket]

True that! They always blame it on the spread but they sure do go up faster than the spread meets equilibrium when they are higher. I predict if this keeps up we will be investigating gouging, because there sure isn’t going to be much travel for awhile and the law of supply and demand should be working here..

[metmom]

Yeah, it’s *got to work it’s way through the system.*

[Berosus]

I once heard gas prices described as “rising like a rocket, falling like a feather.”

[snoringbear]

“ It’s been like that for as long as I can remember. If the price of oil goes up pump prices go up instantly but if they go down it lags by ages.”
****

Yeh, sure does. It goes up instantly on speculation. It goes down slowly driven by demand (lack of) and storage space.