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- 01 Aug
Retail fuel margins dip for first time in five weeks
The OPIS report today revealed that the average retail fuel margin dipped $0.023 per gallon this week to $0.269 per gallon. The year to date average continued its gradual upward trend to hit $0.178 while the average for the quarter jumped $0.004 to $0.252 per gallon. The six week average continued its fifth consecutive weekly climb to hit $0.236 per gallon.
The current retail fuel margin average now stands $0.055 above the equivalent day last year. That makes four consecutive weeks that we’re at levels above last year.
So far we are tracking $0.059 per gallon quarter to date above the 2013 quarter to date at this time. Let’s hope this strong quarter can continue.
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