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Gas Station Industry Overview
- The largest gas station chain in the U.S. is Exxon Mobil, with a revenue of $413.68 billion.
- Shell ranks second with a revenue of $386.20 billion.
- California has the most expensive gas while Mississippi has the cheapest.
- The global gas station market is projected to grow at 4% through 2027.
Historical Notes
- The first dedicated gas station opened in St. Louis, Missouri in 1905.
- Frank Urich opened the first modern self-serve gas station in Los Angeles in 1947.
Exxon Mobil and Industry Statistics
- Exxon Mobil is the largest gas station in 18 U.S. states and territories.
- Buc-ee’s in New Braunfels, Texas is considered the world’s largest gas station.
- Gas stations and convenience stores bring over $400 billion revenue cumulatively each year across the U.S.
Additional Insights
- As of 2022, the US gas station industry has a market size of $138.3 billion.
- There are over 145,000 gas stations across the US.
- Buc-ee’s stores are larger than a traditional gas station, with some locations spanning over 60,000 square feet.