Industry Analysis & Industry Trends
The Gasoline and Petroleum Wholesaling industry experienced volatile growth over the past five years. While petroleum consumption was relatively stable, product prices fluctuated widely due to the global economic downturn and domestic infrastructure shortages. Since then, however, growing industrial output has buoyed petroleum consumption. Over the five years to 2021, the industry is projected to experience more stable growth due to strengthening demand for petroleum products and the scheduled expansion of pipeline infrastructure... purchase to read more
Industry Report - Industry Products Chapter
Industry operators distribute a variety of refined petroleum products to retail gasoline stations and industrial facilities.
In contrast to the United States, crude oil accounts for the bulk of petroleum wholesaling revenue in Canada. Canada's Petroleum Refining industry (IBISWorld report 32411CA) is comparatively smaller than the United States and lack the capacity to fully process domestic crude oil production. As a result, in addition to distribution crude oil to domestic refineries, Canadian oil extractors rely on wholesalers to transport and distribute crude oil to terminals and storage facilities in order to export oil to the United States and the rest of the world... purchase to read more