Gasoline & Petroleum Bulk Stations in the US
Given that the Gasoline and Petroleum Bulk Stations industry serves as a conduit between petroleum refiners and markets further downstream, the industry's performance is intimately linked to the supply and demand for petroleum and petroleum products. Consequently, industry revenue fell sharply at the end of 2014, as collapsing oil prices driven by strong North American production and weak global demand caused a subsequent sharp drop in the prices of industry products. At the beginning of the five-year period to 2018, industry revenue is estimated to have fallen. The growth that the Gasoline and Petroleum Bulk Stations industry has seen for the past year is expected to continue over the five years to 2023 as oil prices stabilize. This is due to an anticipated rise in demand for industry products coupled with current underinvestment in extraction infrastructure, which will decrease future oil supplies.
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.
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