A fluid dispenser has a housing in which fluid flow control components are located and a fluid conduit completing a fluid flow path between a fluid storage tank and a nozzle coupled to the housing. The fluid dispenser further has a control system, at least one controllable valve and a fluid flow meter located along the fluid flow path. The fluid dispenser further has a fluid temperature conditioning subsystem located along the fluid flow path upstream of the flow meter. The control system selectively operates the fluid temperature conditioning subsystem upon detection of a predetermined temperature. At least one controllable recirculation valve may also be provided, and the control system may selectively actuate the controllable recirculation valve such that the fluid flows back to the fluid storage tank. A method of measuring the flow rate of a fluid in the fluid dispenser is also disclosed.