- 12 Dec
Retail fuel margins make largest leap of the year
According to OPIS, the average retail fuel margin across the US just made its largest increase of the year, jumping $0.097 per gallon from last week. That means we have an average retail fuel margin of over $0.30 a gallon for the fourth time this year. This week the retail fuel margin average is $0.336. That’s $0.145 per gallon higher than this week last year.
The year to date retail fuel margin average now stands at $0.211 per gallon. The Q4 average is $0.290 per gallon, and the six week average is $0.271 per gallon.
This is not the time of year where we see high fuel volumes from miles driven, so these margins don’t have as much of a revenue impact as they would during the summer months. But at least we can expect to see strong margin opportunities through the Christmas holiday season into New Years.