SIC 5171 Petroleum Bulk Stations and Terminals

SIC 5171

This industry consists of companies that wholesale crude petroleum and petroleum products from bulk liquid storage facilities. Distributors of liquefied petroleum gas from bulk liquid storage facilities are also included.

NAICS CODE(S)

454311

Heating Oil Dealers

454312

Liquefied Petroleum Gas (Bottled Gas) Dealers

422710

Petroleum Bulk Stations and Terminals

In 2001, U.S. Census Bureau reported 7,020 petroleum bulk stations and terminals companies. Combined, these companies employed approximately 94,034 workers. The annual payroll totaled $3.7 billion. In 2003, the total number of establishments dropped substantially to only 4,603. The employee number almost dropped in half to 45,419 workers. Total sales were $33.1 billion, with the average sales per establishment at about $10.9 million. Texas, Minnesota, and California reported the highest number of establishments.

Analysts subdivided the industry into three categories: petroleum bulk stations, petroleum bulk terminals, and liquefied petroleum (LP) gas bulk stations and terminals. Petroleum bulk stations were defined as businesses with bulk storage capacity from 10,000 to 100,000 gallons for stations getting supplies by tanker, barge, or pipeline, and those with capacity from 100,000 to 2,100,000 for stations getting supplies from other sources. Petroleum bulk terminals were those businesses whose bulk storage capacity exceeded 100,000 gallons in facilities getting supplies by tanker, barge, or pipeline, and those whose capacity exceeded 2,100,000 gallons for facilities getting supplies from other sources. LP gas bulk stations and terminals were plants selling...