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- 13 Dec
Retail fuel margins lose ground again
The OPIS report released today announced that retail fuel margins dropped $0.019 per gallon this week, the fifth margin loss in six weeks. The average retail fuel margin across the US now stands at $0.191 per gallon. The year to date average is $0.190 per gallon and the fourth quarter average is $0.204 per gallon. The six week average is $0.188 per gallon.
The retail fuel margin for this week last year was $0.240 per gallon. The fourth quarter average across the US in 2012 was $0.230 per gallon, so with only two weeks remaining in the year, it doesn’t look like Q4 margins this year will match the Q4 margins of last year.
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