by Bruce Wells | May 21, 2025 | Petroleum History Almanac
Harry Ford Sinclair established his petroleum company in 1916, making it one of the oldest continuous names in the U.S. energy industry. Appearing among other Sinclair Oil Company dinosaurs during the 1933-1934 World’s Fair in Chicago, “Dino” became a marketing icon whose popularity with children remains today. (more…)
by Bruce Wells | Apr 21, 2025 | This Week in Petroleum History
General Motors celebrated its 100 millionth American-made car (a two-door Chevrolet Caprice). Founded in 1908 by William Durant, the Flint, Michigan, company began as a manufacturer of horse-drawn carriages. After leaving GM, Durant and partner Louis Chevrolet founded the Chevrolet Motor Company in 1911, which became part of GM five years later.
After World War II, GM was the first American corporation to pay more than $1 billion in taxes, according to the Detroit Historical Society, which also notes the company declared bankruptcy in 2009 and emerged less than 40 days later after a federal bailout that saved more than a million jobs. (more…)
