Tools commonly used in the Oils-Petroleum (Retail) industry for day-to-day tasks and operations.

• Fuel dispensers
• Fuel storage tanks
• Fuel pumps
• Fuel nozzles
• Fuel filters
• Fuel meters
• Fuel hoses
• Fuel tanks
• Fuel additives
• Fuel testing equipment

Common products and services typical of NAICS Code 457210-05, illustrating the main business activities and contributions to the market.

• Gasoline sales
• Diesel fuel sales
• Heating oil sales
• Lubricant sales
• Fuel delivery services
• Fuel card programs
• Fuel system maintenance services
• Fuel tank cleaning services
• Fuel quality testing services
• Fuel storage solutions

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

• Petroleum Equipment Institute (PEI) Certification: This certification is required for individuals who install, service, and maintain petroleum equipment. The certification is provided by the Petroleum Equipment Institute.
• Hazardous Materials Transportation License: This license is required for businesses that transport hazardous materials. The license is provided by the Federal Motor Carrier Safety Administration.
• Environmental Protection Agency (EPA) Spill Prevention, Control, and Countermeasure (SPCC) Plan: This plan is required for facilities that store, handle, or transport oil and petroleum products. The plan is provided by the Environmental Protection Agency.
• Occupational Safety and Health Administration (OSHA) Hazard Communication Standard (HCS) Training: This training is required for employees who work with hazardous chemicals. The training is provided by the Occupational Safety and Health Administration.
• National Institute for Occupational Safety and Health (NIOSH) Respirator Certification: This certification is required for individuals who use respirators in the workplace. The certification is provided by the National Institute for Occupational Safety and Health.

A concise historical narrative of NAICS Code 457210-05 covering global milestones and recent developments within the United States.

• The "Oils-Petroleum (Retail)" industry has a long and rich history worldwide. The first oil well was drilled in Pennsylvania in 1859, and by the early 1900s, the automobile industry was booming, leading to a significant increase in demand for gasoline. In the 1920s, the first gas stations began to appear, and by the 1950s, self-service gas stations became popular. In the 1970s, the oil crisis led to a significant increase in oil prices, which had a profound impact on the industry. In recent years, the industry has faced challenges due to the rise of electric vehicles and the increasing popularity of alternative fuels. In the United States, the "Oils-Petroleum (Retail)" industry has a more recent history. In the 1950s and 1960s, the industry experienced significant growth due to the rise of the automobile industry. In the 1970s, the oil crisis led to a significant increase in oil prices, which had a profound impact on the industry. In the 1980s and 1990s, the industry faced increased competition from convenience stores and hypermarkets, which began to sell gasoline. In recent years, the industry has faced challenges due to the rise of electric vehicles and the increasing popularity of alternative fuels.

The anticipated future trajectory of the NAICS 457210-05 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 Oils-Petroleum (Retail) industry in the USA is positive, with a projected growth rate of 2.5% over the next five years. The industry is expected to benefit from the increasing demand for petroleum products, driven by the growth of the transportation sector and the rising population. Additionally, the industry is likely to benefit from the increasing adoption of electric vehicles, which will lead to a higher demand for petroleum products in the short term. However, in the long term, the industry may face challenges due to the increasing focus on renewable energy sources and the growing concerns over climate change. Overall, the industry is expected to remain a significant contributor to the US economy in the coming years.

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

• Mobile Fuel Delivery Services: Companies such as Filld and Booster Fuels are offering on-demand fuel delivery services, allowing customers to order fuel through a mobile app and have it delivered directly to their location.
• Electric Vehicle Charging Stations: Some petroleum retailers, such as BP and Shell, are installing electric vehicle charging stations at their retail locations to cater to the growing demand for electric vehicles.
• Loyalty Programs: Many petroleum retailers are offering loyalty programs to incentivize customers to return to their stores. These programs offer discounts, rewards, and other benefits to customers who make frequent purchases.
• Online Ordering and Delivery: Some petroleum retailers, such as ExxonMobil and Chevron, are offering online ordering and delivery services, allowing customers to order fuel and other products online and have them delivered to their location.
• Renewable Energy Investments: Some petroleum retailers, such as BP and Shell, are investing in renewable energy sources such as wind and solar power to diversify their business and reduce their carbon footprint.