Industry Analysis & Industry Trends
Industry performance tends to fluctuate widely, in line with crude oil prices and competitors' offerings. Fuel dealers can pass on product price increases or decreases to customers, which causes industry revenue react accordingly. Consequently, as the world price of crude oil dropped during the recession, so did industry revenue. The price of crude oil is expected to continue to decrease, hurting industry operators. However, an improving overall economy will boost revenue and lead to modest industry growth... purchase to read more
Industry Report - Industry Products Chapter
The Fuel Dealers industry mainly sells propane and heating oil. Operators also sell small quantities of diesel fuel, regular unleaded gasoline and other types of liquefied petroleum gas.
Propane accounts for the largest share of industry revenue, at roughly 38.5%. Propane is manufactured from crude oil and natural gas processing, and it is used primarily for space and water heating and outdoor cooking. This product's share has increased during the past five years, with propane price gains resulting in higher revenue for industry operators. Demand for propane can increase with the severity of climatic conditions. For example, when the weather is colder than normal, industry operators can pass along price increases more easily... purchase to read more