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- 06 May
Retail fuel margins drop for third consecutive week
The latest OPIS report on May 3 shows average retail fuel margins in the US have dropped for the third consecutive week. This week the average retail fuel margins decreased $0.035 to $0.162 per gallon. That is the third week in a row where retail fuel margins have lowered by $0.03 per gallon or more.
This three week trend has brought the average US retail fuel margin to levels last seen March 1. Year to date average retail fuel margins continue to stand at the $0.173 per gallon level. Quarter to date average retail fuel margins are now at $0.207 per gallon.
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