Petroleum Cooperatives, 1982

This study examined the vital role cooperatives played in supplying petroleum products to U.S. farms in 1982. The flow of petroleum products through the vertical levels of cooperatives’ petroleum system, from crude oil acquisition to retail distribution, is analyzed, based on a survey of 20 regional and interregional cooperatives. Cooperatives supplied an estimated 37 percent of all petroleum fuels used in U.S. farm production in 1982, continuing the long-term trend in cooperatives’ share growth. Between 1979 and 1982, cooperatives increased proven crude oil reserves by 45 percent.