In their weekly report released today, OPIS said retail fuel margins dropped for the fourth consecutive week. Retail fuel margins now stand at $0.167 per gallon.
Retail fuel margins lost a total of $0.20 per gallon over the month of November, erasing all October gains. Retail fuel margins are now at levels last seen on October 12, 2012.
From a fuel price management perspective, one can only hope the year can finish at these levels and the November trend will stop.