Gas Shorts
Description: The Wakefield Oil Company was founded by Charles Cheers Wakefield in 1899. The brand "Castrol" originated after researchers added castor oil to their lubricant formulations. In 1966, Castrol was acquired by company Burmah Oil, which was renamed Burmah-Castrol. Burmah-Castrol was purchased by London-based multinational BP in 2000.
Description: The Northwest Refining Company from Cut Bank opened a new bulk plant in Shelby Montana, featuring Grizzly gasoline, which is widely accepted by motorists in northern Montana, and is made entirely from Montana crude oil. Location of the new plant is south of the railroad tracks, directly across from the Sullivan Hotel. A. J. Wilcox is the distributor of the gasoline. This company was sold to Carter Oil a subsidiary of Standard Oil Co. of New Jersey in 1944.
Description: During September 1919, Harry Sinclair restructured Sinclair Oil and Refining Corporation, Sinclair Gulf Corporation, and 26 other related entities into Sinclair Consolidated Oil Corporation. In 1932, this new entity was renamed Consolidated Oil Corporation. In 1943, it was renamed Sinclair Oil Corporation. Near the beginning of the Great Depression, Sinclair sold the remaining interest in its pipeline subsidiary to Standard Oil Company (Indiana) for US$72.5 million (Standard Oil had purchased a 50% interest in the pipeline subsidiary in 1921). With these funds, including an additional US$33.5 million from an additional common stock issue, Sinclair retired several promissory notes and prepared to weather the Depression.
Description: Harry Sinclair had his eye on a rival, Prairie Oil and Gas – a Rockefeller interest as big as Sinclair Consolidated. Sinclair held a half interest in the Ajax pipeline, which was jeopardizing the entire Prairie system by siphoning off most of their pipeline traffic. But in 1930, Sinclair sold its half to Standard Oil Company, along with its 50 percent interest in the Sinclair Crude Oil Purchasing Company, for $72.5 million cash.
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