Overview of Brand Presence
Of the leading fuel station brands, Speedway has the most gas stations in the United States, with 2,866 as of 2018. Circle K had almost 4,500 stations in 2017, but that number dropped to 1,625 in 2018.
76 stations originated in California, operated by Union Oil of California, otherwise known as Unocal. It was a popular brand in the Los Angeles area and grew in popularity upward toward Seattle.
Import Sources and Company Rankings
The top five source countries of U.S. gross petroleum imports in 2021 were Canada, Mexico, Russia, Saudi Arabia, and Colombia.
In the 2020 Forbes Global 2000, Chevron was ranked as the 61st-largest public company in the world.
Historical Milestones
The first dedicated gas station was established in St. Louis, Missouri in 1905. In 1907, the first service station was installed by Standard Oil of California (now Chevron) in Seattle, Washington. Frank Urich opened the first modern self-serve gas station in Los Angeles in 1947.
Current Leaders and Revenue
The largest gas station chain in the U.S. is Exxon Mobil, with a revenue of $413.68 billion. Shell is the second most popular with a revenue of $386.20 billion, followed by Chevron with a revenue of $246.25 billion.
California has the most expensive gas in the nation, while Mississippi has the cheapest.
Exxon Mobil is the largest gas station in 18 U.S. states and territories based on the number of locations.
Gas stations and convenience stores bring in over $400 billion in revenue each year across the U.S. The global gas station market is projected to grow at 4% CAGR through 2027.
Top Selling and Largest Stations
The brand of motor fuel most frequently sold is Shell. Across the country, there are over 100,000 gas station/convenience stores which bring a cumulative of over $400 billion revenue each year.
Known as the Fuel City, this massive complex in Oklahoma City, Oklahoma offers not only fuel but also a wide range of amenities, including restaurants, shops, and even a petting zoo.
Chevron is the most popular gas station chain on the West Coast of the United States. Circle K is a multinational gas station chain that serves over 20 countries and the United States.
Conclusion
Buc-ee’s in New Braunfels, Texas is considered the world’s largest gas station. Shell, Exxon Mobil, and Chevron are the largest gas stations in the United States in 2023 based on the number of locations, with Shell having the most number of locations at 12,324 across 51 states and territories.