Industry Analysis & Industry Trends
As the US economy gains steam, more consumers are expected to hit the road and demand gasoline. Furthermore, strong economic growth will push up demand for crude oil, thus paving the way for higher industry revenue. Although the majority of industry revenue is earned through gasoline sales, store owners are increasingly reliant on convenience store sales because in-store products are more profitable than gasoline... purchase to read more
Industry Report - Industry Locations Chapter
The concentration of industry operations largely mirrors the distribution of the population throughout the United States. Exceptions to this trend include expansive regions where the population is more spread out, requiring more vehicle travel and establishments per capita than densely populated regions.
Over a third of this industry's establishments are located in the Southeast. However, only a fourth of the US population resides in this region. The region's dispersed population and limited access to public transportation services result in heavy reliance on road transportation, thus contributing to its relatively large share of overall establishments. The next largest fuel-consuming region is the Great Lakes which is followed by the Southwest... purchase to read more