by John Keller | May 17, 2013 | Fuel Software, Industry News, Retail Fuel Margins
Today’s OPIS report showed retail fuel margins dropped yet again this week. That extends the losing streak to five weeks. Retail fuel margins across the US now stand at $0.123 per gallon, down $0.021 per gallon from last week. Average retail fuel margins have lost a total of $0.145 per gallon since the streak began.
Retail fuel margins are at February levels for the second week in a row. Average retail margins year to date are now at $0.169 per gallon. Quarter to date average retail margins are at $0.186 per gallon.
These are tough times for the c-store fuel managers, especially when they are managing the balance between volumes and margins without fuel software to manage their fuel price management strategies. Every penny, every hour, matters at this point, and investing in a fuel management system is the only way to make the most of the difficult times.
by John Keller | May 10, 2013 | Industry News, Retail Fuel Margins
In today’s OPIS report, retail fuel margins showed yet another decrease, extending their loses to four consecutive weeks. Retail fuel margins dropped $0.018 per gallon to an average of $0.144 per gallon.
Average retail fuel margins across the US are now at the lowest levels since February of this year. Quarter to date retail fuel margins are down slightly to $0.203 per gallon.
by John Keller | May 6, 2013 | Industry News, Retail Fuel Margins
The latest OPIS report on May 3 shows average retail fuel margins in the US have dropped for the third consecutive week. This week the average retail fuel margins decreased $0.035 to $0.162 per gallon. That is the third week in a row where retail fuel margins have lowered by $0.03 per gallon or more.
This three week trend has brought the average US retail fuel margin to levels last seen March 1. Year to date average retail fuel margins continue to stand at the $0.173 per gallon level. Quarter to date average retail fuel margins are now at $0.207 per gallon.
by John Keller | Apr 29, 2013 | Industry News, Retail Fuel Margins
OPIS reported this week that average retail margins across the US dropped again. For the week ending April 26, average retail fuel margins were down $0.037 per gallon to $0.197 per gallon.
The drop in margins these past two weeks has slowed the growth in the year to date average margins, but at $0.173 per gallon, year to date margins are still the highest of the year. The six week average now stands at $0.215, just slightly above the Q1 average that was $0.212.
by John Keller | Apr 19, 2013 | Industry News, Retail Fuel Margins
According to the latest report from OPIS, average retail fuel margins across the US lost $0.034 per gallon this week. Despite the up and down margin gains and losses over the past four weeks, overall US retail fuel margins for 2013 continue to be on the rise.
The year to date average for US retail fuel margins in 2013 are now at $0.172 per gallon, up from $0.168 per gallon for the year, according to last week’s report. The average US retail fuel margin in 2013 is now the highest of the year.
The margin for the week has been over $0.16 per gallon each week since March 1. From a fuel price management perspective, that means retail fuel margins are now at a level where profits can recoup the losses that started the first two months of 2013.
by John Keller | Apr 12, 2013 | Fuel Price Management, Fuel Price Optimization, Industry News, Retail Fuel Margins
According to the latest OPIS report, retail fuels margins across the US had their largest weekly increase in over a month. The average retail margin today stands at $0.268 per gallon, an increase of $0.093 per gallon over last week. The last time margins were at this level was November 9, 2012.
Fuel margins averaged $0.159 per gallon for the entire Q1 of 2013. It is still early in Q2, but fuel margins are off to a good start with an average so far of $0.222 per gallon. For the past six weeks, retail fuel margins have averaged $0.223 per gallon.
This is only the second time this year when the retail fuel margin weekly increase was over $0.09 per gallon.
