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- 19 Dec
Retail fuel margins now highest of the year
The OPIS report today revealed that the average US retail fuel margin jumped $0.045 per gallon to hit the highest level of the year. The average retail fuel margin now stands at $0.381 per gallon. The year to date average is $0.214 per gallon, while the Q4 average is $0.297 and the six week average is $0.289 per gallon.
In 2013, on this equivalent day the retail fuel margin was $0.221 per gallon.
Most analysts believe that retail gas prices will continue to lower over the coming weeks as the drop in crude prices makes its way through the supply chain. Assuming that’s true, we can expect to see margins at similar or dare we say even better levels than we see today.
It certainly is turning out to be a happy time for both consumers and fuel marketers alike.
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