China Aviation Oil Competition
Now Viewing China Aviation Oil's competition in: Fuel Oil and LP Gas Dealers
Recent Developments
Dealers Watch Gulf - Fuel oil and LP gas dealers are watching the 2008 hurricane season closely, as supply interruptions could worsen an already tight demand and price climate. According to NOAA, the chance for more storms than normal in 2008 is 90 percent, worrying some in the industry because of the supply problems that plagued the US following Hurricanes Rita and Katrina in 2005. However, industry experts claim that infrastructure improvements should prevent disruptions if a major storm strikes.
International Standard Expected to Promote Biodiesel - Fuel oil and LP gas dealers that sell biodiesel may soon see increased demand due to the approval of ASTM International biodiesel specifications. The standards apply to multiple blends of biodiesel, ranging from 5 percent, which contains 95 percent petroleum diesel, to 100 percent. Engine and equipment manufacturers, among others, have been waiting for the release of standards before recommending a biodiesel blend to consumers.
Researchers Set to Promote Propane Mowers - Capitalizing on increasing concerns about greenhouse gas emissions, the University of Tennessee has partnered with the Propane Education and Research Council (PERC) to study the benefits of propane-powered lawn mowers. The study will compare propane- to gas-powered mowers, which, according to the PERC, emit far more greenhouse gases than autos. The PERC hopes that the study will establish propane as the fuel of choice for lawn mowing businesses and other large fuel customers.
Competitive Landscape
Residential, commercial, industrial, and agricultural heating needs drive demand. The profitability of individual companies depends on efficient operations, low-cost purchasing, and competitive pricing. Large companies have advantages in purchasing, finance, and distribution. Small companies can compete effectively by serving a local market, offering unique products, or providing special services. Average annual revenue per worker is about $250,000.
Fuel Oil and LP Gas Dealers Industry Forecast
from Hoover's/D&B subsidiary First Research
Domestic demand for US oil and gas, an indicator for fuel oil and LP gas dealers, is forecast to increase at an annual compounded rate of 1.5 percent between 2007 and 2012.
Oil and Gas Demand Growth Volatile
First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.
First Research Opportunity Rating
The First Research Opportunity Rating is First Research's estimate of industry performance vs. industry risk over the next 12 to 24 months.
- Demand: Driven by high prices
- Need efficient use of labor, trucks
- Risk: Slower economy cuts energy prices
Industries Where China Aviation Oil Competes
- Energy & Utilities
- Oil & Gas Refining, Marketing & Distribution
- Fuel Oil Dealers
- Oil & Gas Transportation & Storage
- Crude Petroleum Pipelines
- Oil & Gas Refining, Marketing & Distribution
