by John Keller | Jan 20, 2014 | Industry News, Retail Fuel Margins
The latest OPIS report shows the average retail fuel margin across the US dipped slightly this week to $0.182 per gallon, down $0.011 from last week. The average retail fuel margin across the US is still the highest since 12/20/2013.
So far this quarter the average retail fuel margin has been $0.162 per gallon. The six week average is $0.173 per gallon.
Average retail fuel margin levels remain slightly higher than this time last year, when the average retail fuel margin across the US was $0.171 per gallon. This time in 2013 retail fuel margins dropped significantly to the $0.08 – $ $0.12 range until March, when average retail fuel margins jumped to the $0.20 – $0.26 range.
by John Keller | Jan 14, 2014 | Industry News, Retail Fuel Margins
The OPIS report for January 10, 2014 shows a $0.081 average retail fuel margin increase from the previous week, the largest weekly increase since December 6, 2013. Retail fuel margins across the US now stand at $0.193 per gallon.
Average retail fuel margins year to date and quarter to date now stand at $0.153. The six week average is $0.178.
The current retail fuel margin is nearly $0.05 per gallon higher than this time last year, when the average retail fuel margin was $0.146 per gallon. In 2013 the Q1 retail fuel margin average finished at $0.159 per gallon.
by John Keller | Jan 3, 2014 | Industry News, Retail Fuel Margins
OPIS reported that retail fuel margin averages across the US dropped again this week. The average US retail fuel margin stands at $0.112 per gallon, dropping $0.028 per gallon since last week. The combined decrease over the past two weeks is $0.109 per gallon.
The six week average is $0.167 per gallon, down $0.005 from last week. The equivalent day in 2013 had retail fuel margin averages at $0.126 per gallon. After retail fuel margins bounced along the floor in January and February, March 2013 brought some welcome relief, and by the end of 2013 Q1, retail fuel margins jumped to $0.212 per gallon. We can only hope we’ll see a rise like that again this year.
by John Keller | Dec 20, 2013 | Fuel Price Management, PriceAdvantage, Retail Fuel Margins
OPIS reported that the average retail fuel margin across the US improved $0.03 per gallon this week. The national US average retail fuel margin now stands at $0.221 per gallon, the highest margin since November 15. The year to date average retail fuel margin is at $0.191 per gallon, the Q4 average is $0.205 per gallon, and the six week average is $0.186 per gallon.
The average retail fuel margin this week is slightly less than this time last year, when the average was $0.247. Last year the average retail fuel margin dropped $0.115 per gallon the week of December 28. Unless some unforeseen circumstances should occur, it’s unlikely we’ll see a drop like that again this year.
by John Keller | Dec 13, 2013 | Industry News, Retail Fuel Margins
The OPIS report released today announced that retail fuel margins dropped $0.019 per gallon this week, the fifth margin loss in six weeks. The average retail fuel margin across the US now stands at $0.191 per gallon. The year to date average is $0.190 per gallon and the fourth quarter average is $0.204 per gallon. The six week average is $0.188 per gallon.
The retail fuel margin for this week last year was $0.240 per gallon. The fourth quarter average across the US in 2012 was $0.230 per gallon, so with only two weeks remaining in the year, it doesn’t look like Q4 margins this year will match the Q4 margins of last year.
by John Keller | Dec 6, 2013 | Fuel Pricing Strategy, Industry News, Retail Fuel Margins
The OPIS report today revealed that average retail fuel margins across the US jumped $0.081 per gallon this week, nearly restoring the fuel margin losses suffered since November 15. The average retail fuel margin across the US now stands at $0.210 per gallon. The year to date average is now $0.190 per gallon and the Q4 calendar average is $0.197 per gallon.
The jump this week means average retail fuel margins are now back above the 2012 level for same day last year, when average retail fuel margins stood at $0.198 per gallon. Last year, these weeks in December saw a retail fuel margin increase to $0.24 per gallon.
National news reports say oil prices are decreasing due to a glut in the US Gulf Coast. That may result in lower wholesale costs, and more opportunities for increased retail fuel margins in the coming weeks.
