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- 14 Jun
Retail fuel margins drop
According to OPIS, the average national US retail fuel margin dropped $0.064 per gallon this week. The drop this week brought the overall retail fuel margin average to $0.152 per gallon, the lowest in three weeks.
The year to date average retail fuel margin is holding steady at $0.170 per gallon. The quarter to date average retail fuel margin is down slightly at $0.183 per gallon. The six week average retail fuel margin is down $.002 per gallon to $0.163 per gallon.
Over the past nine weeks, there have only been two weeks of increases, with the remainder being decreases from the previous week.
There are only two weeks remaining in the quarter, and without drastic increases, average margins will not achieve the level seen at the end of Q1, where average margins were at $0.220 per gallon.
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