SIC Code 5172-01 - Petroleum Products (Wholesale)
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SIC Code 5172-01 Description (6-Digit)
The Petroleum Products (Wholesale) industry involves the distribution of refined petroleum products to various businesses and industries. These products include gasoline, diesel fuel, heating oil, jet fuel, and lubricants. Companies in this industry purchase large quantities of petroleum products from refineries and then sell them to retailers, commercial businesses, and government agencies. The industry is highly competitive and requires significant investment in transportation and storage infrastructure to ensure timely delivery of products to customers. Companies in this industry must also stay up-to-date with changing regulations and market conditions to remain profitable.
Hierarchy Navigation for SIC 6-Digit Code 5172-01
Parent Code (less specific)
Tools
- Tanker trucks
- Railcars
- Pipelines
- Storage tanks
- Fuel pumps
- Fuel meters
- Fuel filters
- Fuel hoses
- Fuel nozzles
- Fuel additives
Industry Examples of Petroleum Products (Wholesale)
- Gas stations
- Trucking companies
- Airlines
- Shipping companies
- Construction companies
- Government agencies
- Agriculture businesses
- Mining companies
- Manufacturing plants
- Power plants
SIC Code 5172-01 - Petroleum Products (Wholesale)
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