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- 26 Jun
CSN Reports Rise in Fuel Margins
Last year’s national retail fuel margins rose 25% to 18.8 cents per gallon.
According to Convenience Store News, the gross retail fuel margin in 2012 reached 18.86 cents per gallon nationally, compared to 15.03 cents per gallon in 2010. That’s a 25.5% increase in retail fuel margins year over year.
Meanwhile, the annual fuel volume gallons per store number was 4.1% lower year over year, falling to 1,205,095 gallons for 2011. That equates on average to 100,425 gallons per store per month across the nation. CSNews attributes the fuel volume drop to a slower economy, high unemployment, and more fuel-efficient automobiles.
From a fuel price management perspective, it is important to use these benchmarks to help gauge the relative performance of individual stores, markets, and overall chains.
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