Gas Stations with Convenience Stores in the US - Industry Market Research Report

Gas Stations with Convenience Stores in the US

Downward trends in demand have led to a wave of selling, and major oil companies have sold many gas stations since 2007 in response to sluggish demand for gasoline during the recession. As the US economy gains steam, more consumers are expected to hit the road and demand more gasoline. Furthermore, strong economic growth will push demand for crude oil higher, thus paving the way for higher crude oil prices. These prices will ultimately be realized at gasoline pumps, and consumers will absorb most of the increases as disposable income rises in tandem with economic growth.

Industry operators sell automotive fuels such as gasoline and diesel from stations that are colocated with convenience stores or food marts. They may also provide automotive repair services. This industry is distinct from the Convenience Stores industry and the Gas Stations industry (IBISWorld reports 44512 and 44719, respectively). Major oil producers that franchise out most of their convenience operations are not included unless they own and operate a significant number of sites.

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.