-
- 24 May
Retail fuel margins remain steady this week
According to the latest OPIS report, average retail fuel margins in the US were essentially unchanged this week. Retail fuel margins were up $0.001 per gallon to stand at $0.124 per gallon. Year to date retail fuel margins were down $0.002 to $0.167 per gallon. Average retail fuel margins for this quarter dropped $0.008 and now stand at $0.178 per gallon.
According to NACS, at these margins c-stores are operating at break-even levels at best, after all costs are taken into consideration. The mid-west refinery problems in the US are now clearing up, so that will provide cost reductions in the mid-west and Rocky Mountains, allowing c-stores to catch up even as they drop their retail prices. But it is this shift in cost and margins that require careful calculations to balance volumes with margins, and remain competitive while the market evolves.
Fuel software for retail fuel price management systems are the only way the fuel analyst can make the most profit in these turbulent times.
Comments are closed.
