- 01 Oct
Marathon Oil Retail Fuel Margins Up 26%
Marathon Oil reported in their quarterly financial earnings statement a 26% increase in retail fuel margins. Gasoline and distillate gross retail fuel margin per gallon averaged 13.28 cents in the second quarter of 2010, compared to 10.51 cents in the second quarter of 2009.
This earnings report is more good news in a long line of positive reports from c-store companies who are reporting increased retail fuel margins in 2010. At this rate, 2010 will go down in the history books as a blockbuster.