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- 11 Aug
Retail fuel margin average up slightly
The weekly OPIS report revealed a slight uptick in the average retail fuel margin across the US. The average retail margin increased $0.007 per gallon to tie the second highest retail fuel margin of the year at $0.276 per gallon.
The year to date average inched up for the seventh straight week to $0.181 per gallon. The average margin for this quarter increased to $0.256 the same margin as the six week average. The margin average this week is $0.058 above the equivalent week last year. This marks the fifth consecutive week when the average retail fuel margin this year is higher than last year.
We now have three solid weeks of the summer vacation travel season before Labor Day. If margins can maintain their current levels, this quarter will make for strong retail fuel profits across the c-store industry.
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