I thought that the energy companies bought a supply for a certain period at a certain price, so shocks such as rapid rises in crude/FX issues took a while to come through. I may have made this up though.
Edit: ^ far more detail than my measly comment about the same
@c00ps started
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I thought that the energy companies bought a supply for a certain period at a certain price, so shocks such as rapid rises in crude/FX issues took a while to come through. I may have made this up though.