- 28 Mar
Retail fuel margins reverse two week trend with $0.025 rebound
The OPIS numbers released in the NACSDaily report today show US retail fuel margins rose for the first time in two weeks with an increase of $0.025 per gallon. The average retail fuel margin across the US now stands at $0.168 per gallon. This same day last year the average retail fuel margin was $0.22 per gallon. The six week average now stands at $0.146 per gallon, up $0.004 from last week.
The March retail fuel margin average this year finished at $0.153 per gallon, compared to $0.212 in March 2013. The first quarter margin average this year finished essentially the same as last year, with an average of $0.158 per gallon in 2014 compared to $0.159 per gallon in 2013.
In 2013, the Q2 average retail fuel margin was $0.191 per gallon. Let’s hope that 2014 can repeat that margin gain so we can see a more profitable quarter.