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- 28 Apr
Retail fuel margins increase first time in three weeks
The latest OPIS report shows the average weekly retail fuel margin across the US increased $0.024 per gallon, reversing a three week trend of decreases that started April 4. The average retail fuel margin across the US now stands at $0.145 per gallon, with the year to date average at $0.153 per gallon, and the quarter to date average at $0.137 per gallon. The six week average is now $0.143 per gallon, unchanged from last week.
The average retail fuel margin is now $0.052 below this week last year. But then through May 24 of last year, the average retail fuel margin dropped $0.073 per gallon to $0.124 per gallon. Hopefully this year the seasonal drops in average retail margins are behind us and we can start to see a healthy trend.
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