NAICS Code 457210-05 - Oils-Petroleum (Retail)

Marketing Level - NAICS 8-Digit

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NAICS CODE 457210-05
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NAICS Code 457210-05 Description (8-Digit)

The Oils-Petroleum (Retail) industry involves the retail sale of various petroleum products, including gasoline, diesel fuel, heating oil, and lubricants. This industry is responsible for providing fuel to a wide range of customers, including individual consumers, commercial businesses, and government agencies. Oils-Petroleum (Retail) companies typically operate through gas stations, convenience stores, and other retail locations.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 457210 page

Tools

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

Industry Examples of Oils-Petroleum (Retail)

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

History

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.