Trends: Start of the decade brings record retail margins

摘要

Stock market maven Jim Cramer made news in Januarywhen he said, “I’m done with fossil fuels. They’re done.They’re just done.”Cramer was speaking about the struggles of explorationand production companies and refiners. If he looked a littlefurther downstream and checked retail numbers, he mighthave spoken differently. OPIS Retail Data Warehouse showsthat January 2020 margins for U.S. fuel retailers representthe best start to any year on record, and the prosperity runhas accelerated in February.