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- 11 Apr
Retail fuel margins lose ground
The OPIS report today showed average retail fuel margins across the US lost ground again this week. The average US retail fuel margin now stands at $0.127 per gallon, a $0.027 decline from last week. That’s the second consecutive decrease and the fourth drop in five weeks.
The year to date average dipped slightly to $0.156 per gallon, as did the six week average to $0.149 per gallon. The Q2 average is now $0.141 per gallon.
The current retail fuel margin is substantially lower than last year at this time, when it was $0.268 per gallon. The April 2013 average retail fuel margin finished the month at $0.219 per gallon last year. Half way into April, it’s not likely we’ll catch up to that monthly average this year.
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