Analysis
NAICS 424710 is the 2022 national industry for petroleum bulk stations and terminals, part of 42471 (Petroleum Bulk Stations and Terminals). Census lists 23 example activities under it in the official index.
County Business Patterns counts 3,747 US establishments in this code in 2023, employing 67,377 people at an average annual payroll of $95,075 per employee (81st percentile of national industries). 33% of the establishments have fewer than five employees, which is close to the national mix.
Its index entries, the activities Census uses to assign businesses to this code, include alternative fuels, blended with petroleum, bulk stations…, asphalt binder bulk stations and terminals, merchant…, asphalt, liquid, bulk stations and terminals, merchant… and biodiesel, blended with petroleum, bulk stations and…, among 23 in all.
For example, bulk storage of petroleum are classified in 493190 (Other Warehousing and Storage) instead.
Census lists 1 related activities that belong elsewhere, most often in 493190. Businesses that do several things are classified by their primary activity, the one that generates the most value, so check those boundaries before settling on this code.
Official definition
This industry comprises establishments with bulk liquid storage facilities primarily engaged in the merchant wholesale distribution of crude petroleum and petroleum products, including liquefied petroleum gas.
Source: US Census Bureau, NAICS 2022 Manual.
Not this code if…
| The business mainly does | Use instead |
|---|---|
| Bulk storage of petroleum | 493190 Other Warehousing and Storage |
Index entries (23)
- Alternative fuels, blended with petroleum, bulk stations and terminals, merchant wholesalers
- Asphalt binder bulk stations and terminals, merchant wholesalers
- Asphalt, liquid, bulk stations and terminals, merchant wholesalers
- Biodiesel, blended with petroleum, bulk stations and terminals, merchant wholesalers
- Biofuels, blended with petroleum, bulk stations and terminals, merchant wholesalers
- Bulk gasoline stations, merchant wholesalers
- Bulk stations, petroleum, merchant wholesalers
- Compressed liquefied petroleum gas (LPG) bulk stations and terminals, merchant wholesalers
- Crude oil terminals, merchant wholesalers
- Diesel fuel bulk stations and terminals, merchant wholesalers
- Ethanol, blended with petroleum, bulk stations and terminals, merchant wholesalers
- Fuel oil bulk stations and terminals, merchant wholesalers
- Gasohol bulk stations and terminals, merchant wholesalers
- Gasoline bulk stations and terminals, merchant wholesalers
- Heating oil bulk stations and terminals, merchant wholesalers
- Jet fuel bulk stations and terminals, merchant wholesalers
- Kerosene bulk stations and terminals, merchant wholesalers
- Liquefied petroleum gas (LPG) bulk stations and terminals, merchant wholesalers
- Lubricating oils and greases bulk stations and terminals, merchant wholesalers
- Oil, petroleum, bulk stations and terminals, merchant wholesalers
- Petroleum and petroleum products bulk stations and terminals, merchant wholesalers
- Propane bulk stations and terminals, merchant wholesalers
- Terminals, petroleum, merchant wholesalers