Probably the same old excuse of "we have to work through our expensive inventory from the price spike in Oct/Nov before we lower our price" at play. Prices go up immediately if futures jump but take forever to fall when the opposite occurs.
ULSD futures went from $2.10/gal on Oct. 17 to $2.56/gal on Nov. 19, back to $2.115/gal Tuesday.
Keep an eye on it, if that is the excuse, local prices should fall further but upside risks remain.
ULSD futures went from $2.10/gal on Oct. 17 to $2.56/gal on Nov. 19, back to $2.115/gal Tuesday.
Keep an eye on it, if that is the excuse, local prices should fall further but upside risks remain.
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