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 to 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 Analysis Chapter
The Fuel Dealers industry sells and delivers fuel directly to end users, including homeowners and commercial and industrial businesses. Its primary products are petroleum-based fuels, such as propane, heating oil and diesel fuel. These products are purchased from producers or wholesalers and resold to customers for heating, cooking and powering motorized equipment. Using a fleet of trucks, dealers then deliver fuel to customer properties where they are stored in on-site tanks, which fuel dealers often supply as well.
The influence of weather
Industry revenue has fluctuated substantially over the past five years in line with the severity of particular winters, as well as with changes in the prices of crude oil and natural gas... purchase to read more