Have you ever thought about who owns these gas stations?
Well, the majority of people only are familiar with well-known names, such as Shell, ExxonMobil, and BP. According to the NACS, one of the five main oil firms owns 0.4% of the gas stations in the nation. The remaining businesses are owned and run by individual entrepreneurs who determine their prices. As of 2022, there are reportedly around 66,000 Gas Stations with Convenience Stores companies operating in the US.
Top gas station owners
Well, many oil and gas companies are providing their services. For convenience, we have listed top gas station owners. Head below to know the top companies that own the gas stations,
Shell
Through its over 25,000 Shell-branded gas stations around the country, which also serve as the company’s most noticeable public presence, Shell leads the market and is the closest to having a presence in every state—Montana being the lone exception.
Shell sells diesel, gasoline, and LPG at its gas stations.
Exxon Mobil
One of the biggest Big Oil businesses in the world is ExxonMobil. with a total daily refining capacity of 6.3 million barrels across 37 oil refineries in 21 countries. As of 2022, there are more than 12,000 Exxon Mobil gas stations in the US. Texas, Florida, and New York are the three states with the greatest number of Exxon Mobil stations. Crude oil, oil products, natural gas, petrochemicals, power generation, etc. are only a few of the services offered by Exxon Mobil.
Chevron
Chevron is the second-largest oil company in the US. Chevron manufactures natural gas, crude oil, and a variety of other necessary goods through its subsidiaries and affiliates. More than 8,000 Chevron and Texaco retail stations sell chevron products around the country. Additionally, it is invested in the production and sale of chemicals and electricity.
BP
BP plc or The British Petroleum plc is another oil and gas company based in London. In the United States, there are over 6,770- BP outlets, with Wisconsin housing its largest division. This “supermajor” is active across the entire spectrum of the oil and gas sector, including exploration, extraction, refinement, distribution, and marketing, as well as power generation and trading.
Speedway
With the popularity of self-service gas stations growing, Speedway became the go-to place for rapid and frequent fill-ups. Speedway is the second-largest company-owned and operated network of convenience stores in the country, with over 3,300 stores spread out along the country’s coasts. Marathon revealed on August 2, 2020, that Seven & I Holdings would buy Speedway for $21 billion. The agreement was finalized on May 14, 2021.
Pros of owning a gas station
There is always the need for a gas station for meeting everyday transportation requirements. So, this business is something that never gets out of demand. Nowadays, gas stations are not limited to gas-filling only. Many stations build convenience stores where snacks, drinks, and even souvenirs can generate revenue. There are no limitations on how or when you can sell the business when you independently own a gas station. You can put this asset up for sale whenever you wish. You’ll learn that a great location, well-run facilities, and product availability can help to develop several sources of income that help to quickly turn your business profitable.
The gas station evolved into a one-stop shop for all things related to car care through maintenance and repair. Undoubtedly, one of the most significant retail industries in the nation is gas stations. Based on the number of locations, Shell is the largest gas station in the United States and ultimately the owner of most gas stations. Following Shell, Chevron has made up its second place on the list.
Which gas station provides Top Tier gasoline, Shell or Chevron?
Because Shell utilizes additives to keep the engine clean, it is Top Tier gasoline that is superior to off-brand gasoline.
How to choose a long-lasting gas?
To achieve the best engine efficiency, premium gas with higher octane is highly recommended. The greatest strategy to extend the life of your fuel is to drive sensibly, not floor the accelerator, and to use the proper octane of gas.
Can I locate nearby gas stations online?
Yes. There are several online applications to help you out with this. Moreover, every company provides a “Find a station near you” option on its website as well as mobile applications.
