Gasoline & Petroleum Wholesaling in the US
Operators in the Gasoline and Petroleum Wholesaling industry distribute most of the same petroleum products as the Gasoline and Petroleum Bulk Stations industry (IBISWorld report 42471), but on a smaller scale. Over the five years to 2018, the industry has experienced volatile conditions. Increased global economic activity provided the basis for gains in crude oil product demand, resulting in high crude oil prices at the beginning of the period. Industry players generate profit from purchasing crude oil and selling it to retail outlets. Therefore, the prices of retail gasoline and crude oil strongly influence profit. Over the five years to 2023, petroleum product prices are projected to increase as the global economy gains steam and demand for fuel expands.
The US Gasoline and Petroleum Wholesaling industry distributes most of the same products as the Gasoline and Petroleum Bulk Stations industry (IBISWorld report 42471), but on a smaller scale. Operators in this industry purchase petroleum products directly from bulk stations and sell them to retailers, including gas stations, car parts retailers, warehouses, superstores and supermarkets, manufacturers and natural gas retail distributors.
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.