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- 05 Apr
Retail fuel margins lose $0.045 this week
According to the weekly OPIS report, retail fuel margins across the US lost $0.045 per gallon this week to settle at $0.175. Average retail fuel margins across the US are now the lowest since early March, a full $0.09 less than their peak on March 8.
Average retail fuel margins for this year are continuing their upward trend started on February 22, when average fuel margins were at $0.127.
According to a generally accepted NACS statistic, the break-even point for c-store retail fuel margins in the US is $0.12 per gallon. That means there have been nine weeks out of the 14 weeks so far this year where the average retail fuel margin is above the break-even point.
From a fuel price management perspective, 2013 is shaping up to be another year when margins are tough. Fuel managers will need to employ the best fuel pricing software technology possible in order to optimize fuel profits by balancing volumes and margins. PriceAdvantage provides the rich analytics, reports and optimization prices fuel managers need to make the winning decisions.
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