Retail fuel margins drop for fourth consecutive week

  • Retail fuel margins drop for fourth consecutive week

    According to OPIS, the average retail fuel margin across the US dropped again this week. That’s the fourth consecutive weekly drop and the retail fuel margin average is now at its lowest since January 3.

    The average retail fuel margin now stands at $0.128 per gallon, off $0.018 per gallon from last week, and almost $.05 per gallon since the trend began on January 31. The year to date average is $0.164 and the six week average is $0.168 per gallon.

    Last year the retail fuel margin average was $0.102 per gallon. We can only hope that retail fuel margins turn around quickly.

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