- 08 Feb
Retail fuel margins continue three week trend, slip $0.028
According to the latest OPIS report, retail fuel margins have dropped for the third consecutive week. Retail fuel margins across the country now average $.084 per gallon, which is $0.028 per gallon lower than last week.
The average retail fuel margin so far in 2013 dipped slightly from last week to $0.132 per gallon.
As a comparison, according to NACS, the overall fuel margin for 2012 was $0.184 per gallon, and the average fuel margin for the past five years was $0.169 per gallon.
The US Energy Information Administration provides a chart showing an annual consistent price increase from this time of year through May. From a fuel price management and fuel pricing strategy perspective, we can expect margins to remain difficult as we face the annual steady increase in retail fuel prices through the spring, and we see margins struggle to maintain pace with those price increases.