Gasoline Is Cheap This July Fourth. Fuel Retailers Aren’t Complaining.

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Drivers hitting the road over July Fourth weekend are poised to enjoy the cheapest holiday gasoline prices in years, but the gas stations are doing OK, too.

Fuel retailers have benefited from record margins on gasoline in recent months. The difference between the price U.S. consumers paid at the pump and the wholesale price of gasoline, less taxes and other costs, averaged about 41 cents a gallon during the first half of the year, the highest six-month average on record, according to analytics firm IHS Markit.



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