Study: America’s Favorite Gas Stations of 2012

by Angela Nazworth | June 22, 2012 10:53 am

When it comes to fueling their vehicles, American’s are more loyal to their wallets and schedules than they are to a particular gas station, according to a new consumer study by Market Force Information[1].

Although traditional national-brand gas stations sell the most gas, customers are increasingly using pumps at mass retailers like Costco (NASDAQ:COST[2]) and Wal-Mart (NYSE:WMT[3]) — and its subsidiary Sam’s Club. Grocery stores, especially Kroger (NYSE:KR[4]), are popular as well.

Results from the panel research study, which was conducted with more than 4,500 participants across North America, showed that 48% of customers choose gas stations based on convenient locations. Price also is an important deciding factor to 46% of the respondents.

The 12 favorite gas stations of Americans are as follows (results are based on door count):

  1. Costco
  2. Kroger
  3. Sam’s Club
  4. Hess (NYSE:HES[5])
  5. Shell — owned by Royal Dutch Shell (NYSE:RDS.A[6], RDS.B[7])
  6. Wal-Mart
  7. Sunoco (NYSE:SUN[8])
  8. Valero (NYSE:VLO[9])
  9. 7-Eleven
  10. Exxon Mobil (NYSE:XOM[10])
  11. BP (NYSE:BP[11])
  12. Chevron (NYSE:CVX[12])

Wanna know if loyalty cards really help gas stations? Check out the entire report: Market Force Study Finds Grocery and Wholesale Retailers are America’s Favorite Gas Stations.[13] And in case you didn’t know this already … consumers also have strong opinions concerning where they’ll purchase gas[14].

Endnotes:

  1. a new consumer study by Market Force Information: http://www.marketforce.com/press-releases/item/market-force-panel-study-on-americas-favorite-gas-stations/
  2. COST: http://studio-5.financialcontent.com/investplace/quote?Symbol=COST
  3. WMT: http://studio-5.financialcontent.com/investplace/quote?Symbol=WMT
  4. KR: http://studio-5.financialcontent.com/investplace/quote?Symbol=KR
  5. HES: http://studio-5.financialcontent.com/investplace/quote?Symbol=HES
  6. RDS.A: http://studio-5.financialcontent.com/investplace/quote?Symbol=RDS.A
  7. RDS.B: http://studio-5.financialcontent.com/investplace/quote?Symbol=RDS.B
  8. SUN: http://studio-5.financialcontent.com/investplace/quote?Symbol=SUN
  9. VLO: http://studio-5.financialcontent.com/investplace/quote?Symbol=VLO
  10. XOM: http://studio-5.financialcontent.com/investplace/quote?Symbol=XOM
  11. BP: http://studio-5.financialcontent.com/investplace/quote?Symbol=BP
  12. CVX: http://studio-5.financialcontent.com/investplace/quote?Symbol=CVX
  13. Market Force Study Finds Grocery and Wholesale Retailers are America’s Favorite Gas Stations.: http://www.marketforce.com/press-releases/item/market-force-panel-study-on-americas-favorite-gas-stations/
  14. concerning where they’ll purchase gas: https://investorplace.com/2012/06/study-consumers-favorite-grocery-stores/

Source URL: https://investorplace.com/2012/06/study-americas-favorite-gas-stations-of-2012/

Copyright ©2024 InvestorPlace unless otherwise noted.