Forecast
Period
|
2026-2030
|
Market
Size (2024)
|
USD
32.38 Billion
|
Market
Size (2030)
|
USD
40.28 Billion
|
CAGR
(2025-2030)
|
3.71%
|
Fastest
Growing Segment
|
Air
Transport Vehicle
|
Largest
Market
|
United
States
|
Market Overview
The North America Fuel Station Market was valued at USD 32.38 Billion in 2024
and is expected to reach USD 40.28 Billion by 2030 with a CAGR of 3.71% during
the forecast period. The North America fuel station market
refers to the network of service stations across the United States, Canada, and
Mexico that supply a range of fuels such as gasoline, diesel, compressed
natural gas, and increasingly, alternative energy sources including electricity
and hydrogen for vehicles.
These
stations often include convenience stores, automotive services, and fast food
outlets, evolving into multi-service hubs that cater to both traditional and
modern mobility needs. The market is witnessing a steady rise due to a
combination of factors including population growth, increased vehicle
ownership, and sustained reliance on road transportation for freight and
passenger movement. Urban expansion and the development of rural transportation
infrastructure are further fueling demand for accessible and reliable fuel
supply points across the region.
The
growing trend of integrating electric vehicle charging stations within
traditional fuel station infrastructure is reshaping the industry, making it
future-ready and aligned with environmental sustainability goals. The push for
cleaner fuels, supported by government initiatives and investments in green
energy infrastructure, is encouraging fuel stations to diversify their
offerings. Large retail chains and oil & gas companies are also entering or
expanding their fuel station operations to capitalize on shifting consumer
behavior and long-distance travel trends. In addition, technological
advancements in payment systems, mobile applications, and customer loyalty
programs are enhancing the consumer experience and driving increased foot
traffic.
With
evolving energy policies, the gradual electrification of mobility, and the
expansion of smart fueling infrastructure, the North America fuel station
market is expected to grow significantly in the coming years. It will play a
critical role in supporting energy distribution, mobility solutions, and
consumer convenience in both urban and remote areas. As the region transitions
toward a hybrid energy future, combining conventional and renewable sources,
fuel stations will remain central to enabling efficient and accessible energy
access for transportation.
Key Market Drivers
Rising Vehicle Ownership and Road Transportation
Dependency
The North America fuel station market is
significantly propelled by the increasing rate of vehicle ownership and the
region’s ongoing reliance on road-based transportation. In countries such as
the United States, Canada, and Mexico, personal vehicles remain the most
preferred mode of transport due to their convenience, accessibility, and
flexibility. This trend is particularly pronounced in suburban and rural areas
where public transportation infrastructure is either limited or underdeveloped.
The expansion of the e-commerce industry has also contributed to a surge in
demand for light commercial vehicles for last-mile deliveries, thereby
elevating the frequency of fuel refills across regional routes. Furthermore,
economic growth and rising household incomes have encouraged more individuals
to own private vehicles, intensifying the need for easily accessible fuel
stations. The robust logistics and freight sector in North America, especially
in cross-border transportation, further necessitates a comprehensive fuel
supply network across highways and industrial zones.
In this context, fuel stations are not only serving
the routine needs of private motorists but also acting as critical refueling
hubs for commercial fleets, freight trucks, and delivery vans. As traffic
volumes increase and inter-city connectivity improves through federal and state
infrastructure development programs, fuel station operators are strategically
expanding their geographic presence to meet the growing demand. Additionally,
with the projected increase in population and urban sprawl, the requirement for
more fuel dispensing outlets is set to rise, especially in emerging suburbs and
high-growth corridors. The combined effect of personal, commercial, and
industrial mobility requirements is creating a strong foundation for continued
fuel station expansion across the region.
As of 2023, the United States registered over 283
million vehicles on the road, including passenger cars, trucks, and commercial
vehicles, as per the U.S. Department of Transportation's Federal Highway
Administration.
Expansion of E-Commerce and Last-Mile Delivery
Logistics
The rapid expansion of the e-commerce sector across
North America has emerged as a powerful catalyst for the growth of the fuel
station market, primarily due to the exponential increase in last-mile delivery
requirements. With consumer behavior shifting toward online shopping for both
essential and discretionary goods, logistics providers have been compelled to
build vast delivery networks that operate efficiently and quickly. This has led
to a significant rise in the use of delivery vans, trucks, and third-party
logistics vehicles, all of which are heavily reliant on fuel availability for
timely operations.
The growth of on-demand delivery platforms for
food, groceries, and consumer electronics has increased fuel demand even within
dense urban areas, requiring fuel stations to remain accessible, operational,
and strategically located. To meet these operational needs, fuel station
networks are being upgraded with services tailored for fleet vehicles,
including fast fueling infrastructure, longer operating hours, and integrated
fleet payment systems. The decentralization of warehousing and logistics
facilities closer to urban centers has also contributed to the need for
localized fuel supply. Many fuel station operators are capitalizing on this
demand by introducing loyalty programs and fleet-specific solutions that
encourage repeat usage and operational continuity for delivery-based
businesses. The integration of technology-driven route optimization in
logistics has also directed higher traffic through main corridors and
high-demand zones, where fuel station density is becoming a competitive
advantage. The synergy between fuel availability and logistical efficiency
continues to support long-term growth in the fuel station sector, particularly
as e-commerce penetration deepens across North American markets.
The U.S. Census Bureau reported that e-commerce
sales in the United States reached over USD 1.1 trillion in 2023, representing
a year-over-year growth of nearly 8%, driving greater demand for delivery
infrastructure and fuel.
Integration of Value-Added Services and Non-Fuel
Revenue Models
Fuel stations in North America are evolving from
simple refueling points into diversified retail hubs, offering a range of
value-added services that significantly enhance consumer engagement and
profitability. This transformation is being driven by changing customer
expectations, competitive pressures, and the need to create non-fuel revenue
streams amid fluctuating oil prices and growing fuel efficiency. Many modern
fuel stations now feature convenience stores, food service outlets, automated
car washes, and parcel pickup points, increasing their footfall and overall
profitability. These multi-service stations are strategically designed to
maximize consumer dwell time and spending per visit, thus transforming the
traditional fuel station model into a hybrid retail destination.
Fuel station operators are investing in digital
tools such as mobile apps, loyalty programs, and contactless payment solutions
to enhance customer experience and drive repeat visits. Franchise models and
partnerships with well-known food and beverage brands are also gaining
traction, enabling stations to attract broader consumer demographics. This
trend is especially significant in high-traffic areas near highways, commuter
zones, and border crossings, where customer turnover is high and convenience is
paramount. By offering a one-stop-shop experience, fuel stations are able to
diversify their revenue sources while maintaining steady fuel sales. These
innovations are not only increasing profitability but also helping fuel station
operators stay competitive in a market that is gradually transitioning toward
electric and alternative fuel vehicles. As non-fuel revenue becomes a key
growth pillar, this integrated service model is expected to continue reshaping
the industry across North America.
According to the National Association of
Convenience Stores, over 80% of fuel stations in the United States operate with
a co-located convenience store, highlighting the dominance of non-fuel revenue
strategies in the fuel station business model.
Adoption of Alternative Fuels and EV Charging
Infrastructure
The increasing adoption of alternative fuels,
including electricity, hydrogen, compressed natural gas, and biodiesel, is
redefining the North America fuel station market by encouraging a new wave of
infrastructure development. As federal and state governments introduce
incentives and regulatory mandates for reducing carbon emissions, fuel station
operators are integrating environmentally friendly fueling options alongside
conventional gasoline and diesel. The inclusion of electric vehicle charging
stations has gained particular traction, with both independent operators and
large oil & gas companies investing in fast-charging infrastructure to
accommodate the growing population of electric vehicles. These efforts are
being supported by substantial public and private funding aimed at achieving
carbon neutrality and modernizing national transportation networks. The ability
to serve a wider variety of vehicle types enhances station utility and ensures
future resilience in a transitioning energy landscape.
Consumer demand for cleaner energy and the
development of hydrogen-powered commercial fleets are driving the placement of
multi-fuel stations in industrial corridors and logistics hubs. This
diversification is vital for meeting sustainability goals and securing
long-term viability, especially as vehicle technology and energy standards
evolve. Forward-looking fuel station operators who embrace this trend are
expected to benefit from first-mover advantages and brand differentiation in a
competitive market. As the energy mix continues to shift, fuel stations that
offer alternative fuels will be instrumental in supporting the adoption of
low-emission vehicles and enabling regional decarbonization strategies.
As of late 2023, the U.S. Department of Energy
reported that the country had over 63,000 public electric vehicle charging
outlets, with thousands more in development as part of federal clean energy
initiatives.
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Key Market Challenges
Transition to Electric Vehicles and Declining Demand
for Traditional Fuels
The increasing penetration of electric vehicles
across North America poses a significant structural challenge to the
traditional fuel station market, threatening long-term demand for gasoline and
diesel. With consumers and governments becoming more environmentally conscious,
the transportation sector is undergoing a substantial transformation, driven by
efforts to reduce greenhouse gas emissions and promote cleaner energy sources.
Electric vehicle adoption is being accelerated by financial incentives, technological
advancements in battery range, and expanding charging infrastructure, all of
which reduce the consumer's dependence on internal combustion engine vehicles.
Automakers have committed to ambitious electrification goals, with many
planning to phase out fossil fuel-powered vehicles within the next decade. This
shift is being further reinforced by legislative mandates in regions such as
California and parts of Canada, where future sales of new gasoline-powered
vehicles are expected to be banned. As the electric vehicle population grows,
the frequency of visits to traditional fuel stations will decline, directly
impacting their revenue streams and profitability. While some fuel stations are
adapting by incorporating electric vehicle charging ports, the transition
requires significant capital expenditure, grid readiness, and space
reconfiguration.
Electric vehicle charging often takes longer than
fueling with gasoline, which may necessitate rethinking station layout and
consumer engagement strategies. The shift also challenges the existing business
model, which relies heavily on fuel sales to drive traffic to high-margin
convenience retail services. With reduced fuel volumes, there is a real risk of
declining total footfall, especially in stations that fail to modernize their
offerings or secure a loyal customer base. While the electric vehicle revolution
promises sustainability, it concurrently threatens the relevance of thousands
of conventional fuel stations that do not adapt quickly enough. This evolving
energy landscape creates strategic uncertainty for operators, especially
independent owners, who must now weigh the costs of transformation against
unpredictable returns and long-term viability in a post-combustion engine era.
Fluctuating Fuel Prices and Profit Margin
Volatility
Fuel stations across North America face
considerable challenges in maintaining stable profit margins due to the
volatile nature of global fuel prices, which are influenced by complex
geopolitical, economic, and supply chain dynamics. Unlike other retail businesses,
fuel stations operate within a pricing structure where wholesale costs are
largely uncontrollable and change frequently, leaving minimal room for margin
flexibility. These price fluctuations are often sudden and driven by external
events such as political instability in oil-producing nations, disruptions in
global supply chains, regulatory shifts, or fluctuations in currency exchange
rates. For example, a supply shock due to international conflict or natural
disasters can send crude oil prices soaring, forcing fuel stations to adjust
retail prices accordingly, often to the dissatisfaction of consumers.
Conversely, a dramatic drop in prices might not
immediately reflect in retail rates, creating public perception challenges and
reducing sales volumes as consumers delay refueling in anticipation of further
declines. Compounding the issue, most fuel stations derive relatively thin
margins on fuel itself, with profitability heavily dependent on in-store
purchases such as snacks, beverages, and automotive products. In this
environment, unpredictability in wholesale fuel pricing makes revenue
forecasting and financial planning difficult for operators. This is
particularly detrimental to small and independent fuel station owners who lack
the financial resilience of larger corporate-backed chains. Additionally,
regional variations in fuel taxation, environmental regulations, and seasonal
demand shifts further complicate margin management. To remain competitive, many
fuel stations engage in price wars, which can further erode profitability. The
cumulative effect of these variables not only creates financial strain but also
limits investment capacity for innovation, technology upgrades, and service
diversification—factors critical for long-term market sustainability. As the
market becomes more competitive and consumers demand greater transparency and
value, navigating fuel price volatility will remain one of the most persistent
and complex challenges for North American fuel station operators.
Regulatory Compliance and Environmental Liability
Regulatory compliance and environmental liability
represent a persistent and costly challenge for fuel station operators
throughout North America, as authorities at federal, state, and municipal
levels continue to tighten regulations on fuel storage, emissions, land use,
and environmental protection. Fuel stations are inherently associated with
potential risks related to fuel spills, soil contamination, and groundwater
pollution due to the nature of storing and dispensing hazardous materials. To
mitigate these risks, operators must comply with a complex web of environmental
regulations, such as those administered by the United States Environmental
Protection Agency, Health Canada, and regional environmental agencies. These
regulations cover tank design and installation, leak detection systems, vapor
recovery mechanisms, and site remediation protocols. Failure to adhere to these
standards can result in hefty fines, legal liabilities, and in some cases,
forced closure of operations.
In addition to environmental regulations, zoning
laws, land-use permits, and licensing requirements add another layer of
administrative burden. Many operators struggle with the capital-intensive
nature of compliance, especially when upgrading underground storage tanks,
retrofitting vapor recovery systems, or installing advanced monitoring
technologies. The cost of addressing past environmental damage through site
remediation is particularly daunting, as legacy contamination from older
stations can result in multi-million-dollar cleanup costs. Furthermore,
regulatory compliance is not static; it evolves frequently with changes in
legislation, public expectations, and environmental science. As climate change
becomes a more prominent public concern, the scrutiny on carbon-intensive
infrastructure such as fuel stations is expected to increase. Local resistance
to the construction of new stations is also rising, with community groups
citing pollution, traffic congestion, and urban planning concerns. The bureaucratic
complexity and high financial outlay required to stay compliant discourage many
smaller operators from expanding their businesses or investing in
modernization. In this increasingly regulated environment, only those fuel
station businesses that proactively address environmental and legal obligations
are likely to remain competitive, while non-compliant operators risk falling
behind or exiting the market altogether.
Key Market Trends
Convergence of Fuel Stations with Retail and
Lifestyle Services
Fuel stations across North America are undergoing a
notable transformation by integrating retail and lifestyle services into their
business model, shifting from traditional refueling points to comprehensive
consumer service hubs. In response to evolving consumer expectations, operators
are redesigning stations to offer convenience stores, branded food chains,
automated car washes, parcel lockers, and even coworking spaces. This
convergence serves a dual purpose: it drives non-fuel revenue growth and extends
customer dwell time, which can lead to higher in-store purchases. Strategic
partnerships with popular retail brands and food service providers have enabled
fuel stations to attract diverse customer segments and increase repeat visits.
In urban and suburban regions, where competition is intense, offering a broader
range of services enhances differentiation and boosts profitability.
Digital innovations such as contactless payments,
mobile app loyalty programs, and online pre-orders have elevated convenience,
aligning fuel stations with broader retail industry trends. This retail
hybridization is especially effective in locations with high foot traffic,
commuter density, or proximity to highways, where customers seek quick,
multi-purpose stops. As consumer behavior continues to prioritize convenience,
time-saving, and access to multiple services in one location, this
transformation is set to accelerate. Fuel stations that successfully evolve
into retail and lifestyle destinations will not only remain relevant in a
changing mobility landscape but also unlock new revenue opportunities that
support long-term growth.
Increasing Integration of Electric Vehicle Charging
Infrastructure
The integration of electric vehicle charging
infrastructure into existing fuel stations is becoming a prominent trend across
North America as the region pushes forward with decarbonization goals and
transportation electrification. With electric vehicle adoption growing rapidly
due to government incentives, rising fuel prices, and environmental awareness,
fuel station operators are being compelled to adapt by offering fast-charging
options to remain competitive. Major oil & gas companies, as well as independent
fuel station owners, are investing in partnerships with electric vehicle
charging providers to retrofit existing sites or develop new ones that support
electric vehicle users. Fast-charging stations are increasingly being deployed
in urban areas, highway corridors, and strategic logistics routes to ensure
accessibility and reduce range anxiety among drivers.
Fuel station brands are exploring integrated
platforms where customers can track charging availability, pay via mobile apps,
and receive loyalty rewards. The shift is also attracting attention from
utility companies, which are collaborating with station operators to upgrade
grid connections and deploy high-capacity chargers. While infrastructure
investment is capital-intensive, the long-term benefits of serving a dual fuel
and electric vehicle market are being recognized as a critical path to
resilience. As the share of electric vehicles on the road continues to rise,
fuel stations that fail to integrate electric vehicle charging risk losing
market share to new entrants and specialized charging networks. Thus, the
inclusion of electric vehicle infrastructure is evolving from a competitive
advantage to a strategic necessity in the modern fuel station business model.
Growth of Sustainable Fuel Options and Low-Carbon
Alternatives
The growing emphasis on environmental
sustainability is driving a significant shift in the North America fuel station
market toward offering low-carbon and renewable fuel options. Increasing
pressure from regulatory bodies, environmental advocacy groups, and socially
conscious consumers is prompting fuel station operators to diversify beyond
conventional gasoline and diesel. Biofuels, renewable diesel, hydrogen, and
compressed natural gas are becoming more accessible at both urban and
industrial fueling sites, particularly in regions with aggressive climate
mandates such as California and British Columbia. These cleaner alternatives
are being introduced not only to meet regulatory requirements but also to
attract fleet operators and environmentally aware consumers seeking to reduce
their carbon footprint.
Fuel stations are increasingly participating in
government-backed programs that subsidize the installation of low-emission
fueling infrastructure, improving the financial feasibility of such
investments. Some operators are also investing in carbon offset programs, green
building certifications, and solar-powered station components to signal their
commitment to sustainability. This shift toward greener fuels is aligned with
broader decarbonization strategies across transportation, logistics, and public
infrastructure. While the transition presents operational challenges,
particularly in terms of storage, supply logistics, and staff training, it also
offers long-term strategic advantages by positioning fuel stations as
environmentally responsible players in a future-ready energy landscape.
Stations that embrace sustainable fuels early are likely to benefit from brand
differentiation, policy support, and consumer trust as environmental
accountability continues to influence purchase decisions.
Segmental Insights
Fuel Type Insights
Petrol segment dominated in the North America Fuel Station Market in
2024 and maintain its leadership throughout the forecast period. This sustained
dominance is primarily driven by the high prevalence of internal combustion
engine vehicles across the region, particularly in the United States and
Canada, where petrol-fueled passenger vehicles constitute the majority of the
vehicle fleet. Despite the rising popularity of electric vehicles and
alternative fuel technologies, petrol continues to be the preferred choice for
most daily commuters due to its widespread availability, established fueling
infrastructure, and cost efficiency compared to other options. The
well-developed highway and road networks across North America support
long-distance travel and personal vehicle ownership, reinforcing the demand for
petrol and the expansion of related fuel stations.
Ongoing consumer preference for light-duty trucks
and sport utility vehicles, which predominantly run on petrol, further
contributes to the segment’s strength. The petrol segment also benefits from
consistent investment in refining capacity and distribution networks, ensuring
steady supply and competitive pricing. While other fuel types such as diesel,
natural gas, and alternative fuels are gaining momentum in specific
applications, such as heavy-duty transport or environmentally focused regions,
they have yet to achieve the same level of penetration and convenience as
petrol. The relatively slow turnover rate of the vehicle fleet in North America
means that the existing petrol-dependent vehicles will remain in operation for
years to come, sustaining the demand for petrol and reinforcing its market
leadership. As a result, the petrol segment is anticipated to remain the
cornerstone of fuel sales in North America, supported by infrastructure
resilience, consumer behavior, and gradual rather than abrupt shifts in
mobility patterns across the continent.

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Country Insights
Largest Country
In 2024, the United States firmly established its
position as the dominant country in the North America Fuel Station Market and
is projected to maintain its leadership throughout the forecast period. This
dominance is primarily attributed to the country’s expansive transportation
network, high vehicle ownership rates, and a deeply entrenched culture of
road-based mobility. With one of the world’s largest and most diverse vehicle
fleets, including passenger cars, commercial vehicles, and long-haul freight
trucks, the demand for fuel remains substantial across both urban and rural
regions. The United States also benefits from a well-developed fuel station
infrastructure that spans interstate highways, suburban zones, and city
centers, offering consumers widespread accessibility and convenience.
Significant investments in retail modernization,
digital payment systems, and the integration of electric vehicle charging
stations have allowed U.S. fuel station operators to adapt to evolving mobility
trends while maintaining high service efficiency. The country’s robust refining
capacity and fuel distribution networks further ensure supply stability,
enabling competitive pricing and consistent service. While Canada and Mexico
are experiencing growth in fuel station development, particularly in niche
segments, the United States continues to lead in both scale and innovation,
reinforcing its central role in shaping the future trajectory of the North
America Fuel Station Market.
Emerging Country
Canada is rapidly emerging as a significant player
in the North America Fuel Station Market due to its expanding infrastructure,
increasing investment in alternative fuels, and growing emphasis on
convenience-led service models. While traditionally smaller in market size
compared to the United States, Canada is witnessing notable progress through
modernization of existing fuel stations and strategic deployment of new
stations in underserved and remote areas. The country’s push toward energy
diversification, including the integration of electric vehicle charging ports
and low-emission fuel dispensers, is positioning its fuel station network for
long-term relevance in a changing energy landscape.
Canadian fuel retailers are adopting digital
payment systems, loyalty programs, and retail partnerships that align with
consumer preferences for speed, convenience, and multi-service access. With
government support for cleaner energy adoption and strong consumer demand in
urban centers such as Toronto, Vancouver, and Calgary, Canada is steadily
carving out a more influential role in shaping the future dynamics of the North
America Fuel Station Market.
Recent Developments
- In November 2024, Casey’s General Stores, Inc.
(Nasdaq: CASY) completed its largest acquisition to date by acquiring Fikes
Wholesale, owner of CEFCO Convenience Stores. The deal adds 148 stores in Texas
and 50 in Alabama, Florida, and Mississippi, expanding Casey’s footprint to
approximately 2,900 stores. This strategic move aligns with Casey’s long-term
growth plan and strengthens its presence in key southern markets while
introducing its popular offerings, including Casey’s pizza, to new high-volume
locations.
- In August 2024, 7-Eleven, Inc. announced a major
expansion of its 7FLEET Diesel Network, now surpassing 375 locations with plans
to exceed 500 sites nationwide by 2025. Serving professional truck drivers
across 26 states, the network offers high-flow diesel lanes, 4,500+ truck
parking spaces, diverse payment options, and food services. This strategic
growth reinforces 7-Eleven’s commitment to delivering convenience, reliability,
and comprehensive solutions to the commercial fleet sector.
- In January 2024, Sunoco LP announced the sale of
204 convenience stores in West Texas, New Mexico, and Oklahoma to 7-Eleven,
Inc. for approximately USD 1.0 billion. The deal includes amendments to
Sunoco’s fuel supply agreement, enhancing fuel gross profit. Proceeds will
support debt reduction and future growth. Sunoco also plans to acquire liquid
fuels terminals in Amsterdam and Bantry Bay, reinforcing its strategic
international expansion.
- In May 2023, BP completed its USD 1.3 billion
acquisition of TravelCenters of America, enhancing its U.S. convenience and
mobility network. The deal combines TA’s highway locations with BP’s
off-highway sites, offering nationwide services for fleets and consumers. It
supports BP’s strategic transition growth engines, including EV charging, with
plans to invest USD 1 billion by 2030 and expand EV infrastructure across 200
TA locations with 1,000 chargers.
Key
Market Players
- Exxon Mobil Corporation
- BP p.l.c.
- Chevron Corporation
- Phillips 66 Company
- Sunoco LP
- Alimentation Couche-Tard Inc.
- 7-Eleven Inc.
- RaceTrac, Inc.
By Fuel Type
|
By End-Use
|
By Country
|
|
- Road Transport Vehicle
- Air Transport Vehicle
- Water Transport Vehicle
- Others
|
- United States
- Canada
- Mexico
|
Report Scope:
In this report, the North America Fuel Station
Market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- North America Fuel Station Market, By
Fuel Type:
o Petrol
o Diesel
o Gas
o Others
- North America Fuel Station Market, By
End-Use:
o Road Transport Vehicle
o Air Transport Vehicle
o Water Transport Vehicle
o Others
- North America Fuel Station Market, By Country:
o United States
o Canada
o Mexico
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the North
America Fuel Station Market.
Available Customizations:
North America Fuel Station Market report
with the given market data, TechSci Research offers customizations according
to a company's specific needs. The following customization options are
available for the report:
Company Information
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market players (up to five).
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