No. According to the latest information, the major integrated oil companies own about 3% of the 157,393 retail stations and operate about a third of the retail stations that they do own. When a station bears a particular API member’s brand, it does not mean that the API member owns or operates the station. The vast majority of branded stations are owned and operated by independent retailers licensed to represent that brand. According to the National Association of Convenience Stores (NACS), more than half of the retail stations in the US are owned by an individual or family. Through various branding agreements, approximately 37% of the retail stations in the US sell fuel under API members’ brands. See
U.S. Retail Service Station Outlets Table and
Retail Service Station Outlets Ownership Pie Chart.