How fast are Oil prices reflected in home heating oil costs?

Discussion in 'Commodity Futures' started by DataCruncher, Jan 19, 2009.

  1. when someone buys home heating oil for their house, how quickly does the price they pay reflect changes in the quoted price of oil in the futures market? I assume it varies based on each individual heating oil vendor, but perhaps I can get a general idea of what the lag time is.