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Gasoline & Petroleum Bulk Stations in the US - Industry Market Research Report

  • June 2017
  • 39 pages
  • Ibisworld
Report ID: 198879

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Step on it: Revenue will rise as oil prices stabilize and demand for industry products grows

Abstract
Gasoline & Petroleum Bulk Stations in the US

The Gasoline and Petroleum Bulk Stations industry is intimately linked to the supply of, and demand for, petroleum and petroleum products. Consequently, the industry grew strongly as oil prices and oil demand rebounded postrecession. However, industry revenue fell sharply over the past five years, as collapsing oil prices driven by strong North American production and weak global demand have caused a subsequent sharp drop in the prices of industry products. Moving forward, the industry is expected to return to growth as the oil price stabilizes and the volume of oil and petroleum products supplied by industry operators is forecast to expand over the five years to 2022.

Companies in this industry operate bulk crude oil, gasoline and other petroleum products storage facilities for the resale of these products to smaller petroleum distributors, gasoline stations, petroleum refiners and other downstream markets.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

MAJOR COMPANIES
- Valero Energy Corporation
- Exxon Mobil Corp.

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Gasoline
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ref:plp2017

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