This Week in Petroleum History, December 30 – January 5

by | Dec 30, 2024 | This Week in Petroleum History

December 30, 1854 – First American Oil Company incorporates –

George Bissell and six investors incorporated the Pennsylvania Rock Oil Company of New York. Convinced oil could be found in northwestern Pennsylvania, Bissell formed this first U.S. petroleum exploration company “to raise, manufacture, procure and sell Rock Oil” from Hibbard Farm in Venango County. (more…)

Mobil’s High-Flying Trademark

by | Nov 12, 2024 | Petroleum Art

How a red Pegasus soared into Dallas petroleum history.

 

The Mobil Oil Pegasus perched atop the Magnolia Petroleum building in Dallas from 1934 until 1999, when rust and growing structural issues forced its removal. On the first day of 2000, a carefully crafted duplicate returned to the Dallas skyline.

Thanks to its widespread popularity, Mobil Oil’s high-flying trademark returned to its Texas home with one red Pegasus on each side of a sign painstakingly recreated by the American Porcelain Enamel Company. As the year 1999 drew to a close, the duplicated Pegasus soared again. (more…)

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