by John Keller | Sep 18, 2013 | Industry News, Retail Fuel Margins
The latest OPIS report shows average retail fuels margins across the US have recovered the losses of recent weeks and now stand at $0.211 per gallon. That’s a $0.04 gain this week. Retail fuels margins are higher than they have been in four weeks and are nearly back to the levels of August 16.
Year to date retail fuel margin averages are up slightly to $0.182 per gallon and the average Q2 retail fuel margins are at $0.198 per gallon. The six week average is essentially unchanged at $0.202 per gallon.
Historically this is the time of year when costs start to drop as we transition to the winter blends, offering opportunities for increased fuel margins across the country.
by John Keller | Sep 10, 2013 | Industry News, Retail Fuel Margins
The latest OPIS numbers show a $0.002 increase in US average retail fuel margins over last week. The average retail fuel margins across the US are now at $0.171 per gallon. The year to date national average remains at $0.181 per gallon. The Q2 average dipped to $0.196 per gallon. The six week average remained the same at $0.203 per gallon.
The current retail fuel margins are $0.028 higher than last year at this time.
Recently the crude prices have stopped their rising, so hopes are up that margins can remain strong as we finish Q2.
by John Keller | Aug 30, 2013 | Fuel Price Management, Fuel Pricing Strategy, Industry News, Retail Fuel Margins
According to today’s OPIS report, retail fuel margin averages across the United States fell for the second straight week. This week retail fuel margins decreased $0.018 per gallon and now stand at $0.169 per gallon.
The year to date average dipped slightly to $0.181 per gallon. The Q2 average also slipped, to an average margin of $0.199 per gallon. The six week average stands at $0.203 per gallon and the average margin since Memorial Day is $0.204.
Retail margins this year are $0.025 per gallon higher than this time last year.
With the Syrian conflict in all the news and the rising cost of crude, there was fear of tanking retail fuel margins heading into the Labor Day holiday, but it looks like the c-store retail industry will be able to survive this weekend with reasonable margins and head into the next season with a solid year to date margin average.
by John Keller | Aug 23, 2013 | Fuel Price Optimization, Retail Fuel Margins
According to the OPIS report today, average retail fuel margins across the US ended their streak of four consecutive weekly gains, losing $0.069 per gallon this week.
Retail fuel margins across the US now stand at $0.187 per gallon. The year to date average remains at $0.182 per gallon and the six week average is now at $0.192 per gallon. For the summer season since Memorial Day, the retail fuel margin average has been $0.206.
While retail fuel margins lost ground this week, they are still a solid $0.06 higher than last year at this time.
Using PriceAdvantage, these types of statistics and comparisons are available with a few quick mouse clicks. How difficult is it to compare your retail fuel margins to these industry benchmarks using your system?
by John Keller | Aug 16, 2013 | Fuel Price Optimization, Retail Fuel Margins
The OPIS report today reveals a $0.038 increase in retail fuel margins this week. National retail fuel margins across the US now stand at an average of $0.256 per gallon, which is $0.132 above the margins for the same week one year ago, when national averages were a measly $0.124 per gallon.
The year to date average across the US now stands at $0.182 per gallon while the Q2 average is at $0.205 per gallon. The six week average stands at $0.189, and since Memorial Day the average is $0.208 per gallon.
These are proving to be the strong months of profitable margins and traditionally high summer gallons. Now is the time to make the most of these summer days in anticipation of decreasing volumes.
by John Keller | Aug 9, 2013 | Retail Fuel Margins
According to the latest OPIS report, retail fuel margins held steady this week across the US, and now stand at an average of $0.218 per gallon. That’s up $0.004 per gallon from last week, bringing the average for calendar year Q2 to $0.197. The six week average also stands at $0.197 per gallon.
These numbers reflect a healthy time of year for the c-store industry. Let’s hope the solid margins can continue through Labor Day during these summer days of high fuel volumes and into the fall.
This is the season for quarterly earnings reports, and a chance to compare national fuel margins to those reported by various c-store chains.
