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NAICS Code 457210-04 Description (8-Digit)

Oil-Bulk-Dealers (Retail) is a subdivision of Fuel Dealers (Retail) industry that involves the retail sale of heating oil, diesel fuel, and other petroleum products in bulk quantities. These products are typically sold to commercial and industrial customers, as well as residential customers who use large amounts of fuel for heating or other purposes. Oil-Bulk-Dealers (Retail) may also provide related services such as fuel delivery, tank installation, and maintenance.

Hierarchy Navigation for NAICS Code 457210-04

Parent Code (less specific)

Tools

Tools commonly used in the Oil-Bulk-Dealers (Retail) industry for day-to-day tasks and operations.

  • Fuel delivery trucks
  • Fuel storage tanks
  • Fuel pumps
  • Fuel meters
  • Fuel hoses
  • Tank gauges
  • Fuel filters
  • Fuel additives
  • Fuel spill containment equipment
  • Fuel transfer pumps

Industry Examples of Oil-Bulk-Dealers (Retail)

Common products and services typical of NAICS Code 457210-04, illustrating the main business activities and contributions to the market.

  • Heating oil delivery
  • Diesel fuel delivery
  • Fuel oil delivery
  • Kerosene delivery
  • Industrial fuel delivery
  • Commercial fuel delivery
  • Residential fuel delivery
  • Fuel tank installation
  • Fuel tank maintenance
  • Fuel tank removal

Certifications, Compliance and Licenses for NAICS Code 457210-04 - Oil-Bulk-Dealers (Retail)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. The Transportation Security Administration (TSA) provides this certification.
  • Petroleum Equipment Institute (PEI) Certification: This certification is for technicians who install, maintain, and repair fuel dispensing equipment. The certification is provided by the Petroleum Equipment Institute.
  • Environmental Protection Agency (EPA) Underground Storage Tank (UST) Certification: This certification is required for individuals who install, maintain, and remove underground storage tanks. The certification is provided by the Environmental Protection Agency.
  • National Institute for Certification In Engineering Technologies (NICET) Certification: This certification is for technicians who install, maintain, and repair fire protection systems. The certification is provided by the National Institute for Certification in Engineering Technologies.
  • Occupational Safety and Health Administration (OSHA) Hazard Communication Standard (HCS) Certification: This certification is required for employees who work with hazardous chemicals. The certification is provided by the Occupational Safety and Health Administration.

History

A concise historical narrative of NAICS Code 457210-04 covering global milestones and recent developments within the United States.

  • The "Oil-Bulk-Dealers (Retail)" industry has a long history dating back to the early 20th century when oil was first discovered in the United States. The industry has gone through several notable advancements, including the development of new technologies for oil extraction, refining, and transportation. In the 1920s, the industry saw a significant increase in demand due to the rise of the automobile industry, which led to the construction of more gas stations and the expansion of the industry. In the 1970s, the industry faced a major challenge due to the oil crisis, which led to a decrease in demand and an increase in prices. However, the industry was able to recover and adapt to the changing market conditions. In recent years, the industry has faced new challenges due to the increasing demand for renewable energy sources and the growing concern over climate change. In the United States, the "Oil-Bulk-Dealers (Retail)" industry has seen significant growth in recent years due to the increase in demand for oil and gas products. The industry has benefited from the expansion of the shale oil and gas industry, which has led to an increase in domestic production and a decrease in prices. The industry has also seen new advancements in technology, such as the development of new drilling techniques and the use of hydraulic fracturing. However, the industry has faced new challenges due to the increasing demand for renewable energy sources and the growing concern over climate change. Overall, the industry has been able to adapt to the changing market conditions and remains an important part of the US economy.

Future Outlook for Oil-Bulk-Dealers (Retail)

The anticipated future trajectory of the NAICS 457210-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Oil-Bulk-Dealers (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for heating oil and other petroleum products. The industry is also expected to benefit from the growing demand for renewable energy sources, such as biodiesel and other biofuels. However, the industry may face challenges due to the increasing competition from other energy sources, such as natural gas and electricity. Overall, the industry is expected to continue to grow in the coming years, driven by the increasing demand for energy and the growing focus on renewable energy sources.

Industry Innovations for NAICS Code 457210-04

Recent groundbreaking advancements and milestones in the Oil-Bulk-Dealers (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Mobile Fuel Delivery: Some companies are now offering mobile fuel delivery services, allowing customers to order fuel online and have it delivered directly to their homes or businesses. This innovation has made it easier for customers to purchase fuel and has increased convenience for those who may not have easy access to a fuel station.
  • Renewable Energy Sources: Many companies in the Oil-Bulk-Dealers (Retail) industry are now offering renewable energy sources, such as biodiesel and other biofuels. This innovation has helped to reduce the industry's environmental impact and has increased the industry's focus on sustainability.
  • Online Ordering: Many companies in the industry are now offering online ordering services, allowing customers to order fuel and other products online and have them delivered directly to their homes or businesses. This innovation has increased convenience for customers and has helped to streamline the ordering process for companies.
  • Fuel Additives: Some companies are now offering fuel additives that can improve the performance of vehicles and reduce emissions. This innovation has helped to improve the industry's environmental impact and has increased the industry's focus on sustainability.
  • Fuel Monitoring Systems: Some companies are now offering fuel monitoring systems that can help customers to track their fuel usage and reduce waste. This innovation has helped to improve the industry's efficiency and has increased the industry's focus on sustainability.

NAICS Code 457210-04 - Oil-Bulk-Dealers (Retail)

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