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- 31 Jan
Retail fuel margins drop a penny
According to today’s OPIS report, the average retail fuels margin across the US dropped just over a penny this week to $0.179 per gallon. That reflects a margin drop of $0.013 per gallon from last week, and more than offsets the gains the c-store industry saw a week ago.
The year to date retail fuels margin average across the US remains at $0.172 per gallon, while the six week average dropped to $0.166 per gallon. The same day last year retail fuel margins were $0.112 gallon.
In 2013, we saw a three week consecutive margin drop at this time, bottoming out at $0.084 per gallon on February 7, 2013. Let’s hope we don’t repeat that trend this year.
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