Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Amoco
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== Pipelines and oil transport === In 1921, Indiana Standard bought a half interest in the Sinclair Pipeline Company, a subsidiary of [[Sinclair Oil Corporation]],<ref name=":2">{{Cite web |title=During Depression Years Canny Sale, Purchases Double Sinclair in Size |url=http://sinclairoil.com/history/history_p29.htm |archive-url=https://web.archive.org/web/20101128052929/http://sinclairoil.com/history/history_p29.htm |archive-date=November 28, 2010 |access-date=October 23, 2024 |website=Sinclair Oil}}</ref> which owned a network of crude oil pipelines in the midwestern United States. Indiana Standard made a $36.7 million stake in the [[Pan American Petroleum and Transport Company]] gave the company interest in the American Oil Company, which marketed half of PAT's oil in the United States. Indiana Standard raised its stake in PAT to 81 percent by 1929.<ref name=":10" /> The two companies officially merged in 1954.<ref>{{Cite web |date=February 10, 1954 |title=TWO OIL CONCERNS MOVE FOR MERGER |url=https://www.nytimes.com/1954/02/10/archives/two-oil-concerns-move-for-merger-stanolind-and-pan-american-holders.html |access-date=October 24, 2024 |website=[[New York Times]]}}</ref> In 1930, Stanolind completed its acquisition of Sinclair Pipeline<ref name=":3">{{Cite web |date=January 19, 1964 |title=PIPELINE's CHIEF RECEIVES AWARD |url=https://www.nytimes.com/1964/01/19/archives/pipelines-chief-receives-award-industry-is-recognized-as-a-leading.html |access-date=October 23, 2024 |website=The New York Times}}</ref> and also acquired half of Sinclair Crude Oil Purchasing Company.<ref name=":2" /> All of the pipeline companies were consolidated into the newly formed Stanolind Pipeline Company.<ref name=":3" /> The crude oil purchasing operations became Stanolind Crude Oil Purchasing Company.<ref>{{Cite web |date=November 2, 1930 |title=NEW SLASHES MADE IN CRUDE OIL PRICES |url=https://www.nytimes.com/1930/11/02/archives/new-slashes-made-in-crude-oil-prices-stanolind-announces-second-cut.html |access-date=October 23, 2024 |website=The New York Times}}</ref> The pipeline company headquarters were located in the Philcade building in [[Tulsa, Oklahoma]]. In 1950, all of the corporation's pipeline activities were merged into a single entity, which was named Service Pipeline Company.<ref name=":3" /> By 1964, the company operated 14,500 miles of pipelines located in the central part of the country. It gathered crude oil from 34,300 wells and carried it to 59 refineries, delivering 900,000 to 950,000 barrels a day.<ref name=":3" />
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Amoco
(section)
Add topic