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- 24 Jan
Retail fuel margins rise one cent
OPIS reported the average retail fuel margin across the United States increased $0.01 per gallon this week to $0.192 per gallon. The one cent gain erased the loss of last week. Average year to date retail fuel margins continued to rise, hitting a mark of $0.170 per gallon. The six week retail fuel margin average held steady at $0.173 per gallon.
Last year on the equivalent of this date, average retail fuel margins were $0.02 cents per gallon lower, at $0.15 per gallon.
Hopefully 2014 won’t see the dramatic retail fuel margin drops we saw in 2013, when the average retail fuel margin dropped to $0.102 per gallon over the course of the equivalent next four weeks.