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FuelMeUp.com: 2007 - Worst Year For Gas Retailers

According to OPIS, 2007 was the worst year for gasoline retailers profit. Gasoline retailers saw the thinnest profit margins in over 10 years. Althought there were huge month to month swings and even day to day swings, overall the profit margin for retailers faltered to 5.1%. That figure does not include the cost of doing business or the huge piece of pie that credit card giants take. It is our opinion that gasoline retailers were lucky to make a 3% profit for 2007. Also the average weekly price swing for fuel was 4.8 cents per gallon last year.

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