Pump Socks
Main Tag:
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.
