CoCos Comeback

Major oil companies continue to return to retail.

CoCos Comeback

September 2024   minute read

By: Keith Reid

The major oil companies have directly operated retail sites in the United States since the earliest days of the industry. The interest in direct operations has waxed and waned over the years depending on whether ownership and operation provided opportunities or disadvantages at that specific time. Going into the 2000s it was common for the majors to operate several thousand sites or more. This was a notable presence, but the industry was still dominated by independent operators.
Subscribers can view the full article. Log in or subscribe today.
To provide complete functionality, this web site needs your explicit consent to store browser cookies. We recommended that you "allow all cookies" so you may be able to use certain features, such as logging in, saving articles, or personalizing content.