- 12 Sep
Retail fuel margins up a penny
The OPIS report today showed the average retail fuel margin across the US raised $0.011 per gallon this week to hit $0.206 per gallon. That is slightly under the equivalent week last year, when the average retail fuel margin was $0.211 per gallon.
The year to date average stands at $0.185 for the third straight week. The average margin for the quarter dipped $0.003 to $0.237 per gallon. The six week average is $0.224, reflecting a fourth straight weekly drop.
The average for the quarter last year ended at $0.207, so with two weeks remaining, it looks like we’ll beat that margin this year.