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- 23 Aug
Retail fuel margins lose ground
According to the OPIS report today, average retail fuel margins across the US ended their streak of four consecutive weekly gains, losing $0.069 per gallon this week.
Retail fuel margins across the US now stand at $0.187 per gallon. The year to date average remains at $0.182 per gallon and the six week average is now at $0.192 per gallon. For the summer season since Memorial Day, the retail fuel margin average has been $0.206.
While retail fuel margins lost ground this week, they are still a solid $0.06 higher than last year at this time.
Using PriceAdvantage, these types of statistics and comparisons are available with a few quick mouse clicks. How difficult is it to compare your retail fuel margins to these industry benchmarks using your system?
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