Gulf Oil

Gulf Oil

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    Although Gulf Oil was originally incorporated in 1907, its beginnings go back to the tapping in 1901 of an enormous oil gusher on Spindletop Hill, near Beaumont, Texas. The development of this well was funded by the Mellon family, known for its banking interests in Pittsburgh, Pennsylvania. Following the discovery, Thomas Mellon built the Gulf refinery in Port Arthur, Texas.

    The firm continued to develop oil fields in Texas, Oklahoma, and Louisiana, as well as in Mexico and Venezuela; by 1923 the Port Arthur refinery was the largest in the world. Gulf was the first oil company to enter the consumer gasoline market when it opened a drive-in filling station in Pittsburgh in 1913.

    It invested in forms of energy other than oil and had secondary interests in chemicals, minerals, and nuclear power.

    The Gulf Oil Corporation ceased to exist as an independent company in 1985, when it merged with Standard Oil of California, with both re-branding as Chevron in the United States.

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    Gulf Oil Corporation Bond Certificate
    Gulf Oil Corporation Bond Certificate
    Gulf Oil Corporation
    $15.00
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