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Gulf Oil was born in 1901 with an oil discovery in Spindletop, Texas. It was founded by William Larimer Mellon of the Pennsylvania Mellon's. Gulf Oil grew over time, and its innovations include the first drive-in service station, complimentary road maps and drilling over-water at Ferry Lake. It had extensive exploration operations in the Gulf of Mexico and elsewhere.
Its undoing as an independent company began in 1982 when T. Boone Pickens a Texas oilman and corporate raider (or greenmailer), and owner of Mesa Petroleum made an offer for the much larger Cities Service Company from Tulsa, OklahomaTulsa is the second-largest city in Oklahoma. As of the revised 2003 census report, the city had a total population of 387,807. It is the county seat of Tulsa County 6. History Tulsa began as a settlement of Creek Indians during the migration of tribes fr. Gulf offered to be a white knightThe term White knight can have several meanings. The white knight is a chess-piece, often associated with the abstract battle of good against evil. This is the origin of most of the other meanings. See also Black Knight. The White Knight is a character in and take over Cities Service (more generally known by the name Citgo) to keep them out of the clutches of Mesa. Cities Service was ultimately sold to Occidental Petroleum, and the retail operations were resold to Southland Corporation7-Eleven is the world's largest chain of small convenience stores which operates in 20 countries including the United States, Canada, Norway, Sweden, Denmark, Japan, Australia, Taiwan, China, Hong Kong, Malaysia, and Singapore. The company was founded in, the operators of 7-Eleven7-Eleven is the world's largest chain of small convenience stores which operates in 20 countries including the United States, Canada, Norway, Sweden, Denmark, Japan, Australia, Taiwan, China, Hong Kong, Malaysia, and Singapore. The company was founded in stores.
Mesa later turned on Gulf, and acquired 11% of the company. Gulf turned to Standard Oil of California (better known as ChevronThis page is about the pattern or symbol called a chevron. For information on the global energy company, see ChevronTexaco. A chevron (also, especially in older documents, spelled cheveron is a V-shaped pattern. The word is usually used in reference to a) to act as their white knightThe term White knight can have several meanings. The white knight is a chess-piece, often associated with the abstract battle of good against evil. This is the origin of most of the other meanings. See also Black Knight. The White Knight is a character in in 1984. To settle with the government antitrust requirements, they sold some Gulf stations and a refinery in the eastern United States to British Petroleum (BP) and Cumberland Farms in 1985. Confusion arose as both BP and Chevron continued to use the Gulf name through the early 1990s, but would not accept each others' credit cards. All Gulf stations franchised by BP and Chevron have since been converted to those names. Stations operating under the Gulf name are now limited to those run by Cumberland Farms of Canton, Massachusetts, a convenience store operator in the Northeast and Middle Atlantic states.
Their gasoline line "Goodgulf" became the name of a character in Bored of the Rings, a parody of The Lord of the Rings.