(March 31, 2022 at 9:57 pm)Thumpalumpacus Wrote: Rule of thumb in the industry: rising price per bbl rising is tracked twice per day as a gas station. Falling price per bbl is tracked twice per week at the same station. It's how you stretch margins.
Good to know. I’ve often wondered why the pump price seems to go up immediately when a higher price of oil is announced (when the station clearly hasn’t had the opportunity to buy at the higher price), but seems to take much longer to go back down after the price of oil drops.
Boru
‘But it does me no injury for my neighbour to say there are twenty gods or no gods. It neither picks my pocket nor breaks my leg.’ - Thomas Jefferson
