SinclairOil.com  |  GrandAmerica.com  |  LittleAmerica.com  |  WestgateHotel.com  |  SunValley.com  |  Snowbasin.com
Home
About Sinclair
Sinclair History
Contacts
CreditCard Pay Bill
Employment
Exploration
Fleet Services
Distributor Services
Carrier Services
Merchandise
Gift Cards
Lubricants
MSDS
Station Locator
Gold Truck Stops
Trucking
Pipelines
Hotels & Resorts
Feedback
Success Story

First well in Venezuela 1941; find eased war shortages of crude oilFive Far-Sighted Programs Prepare Companies For War
Far-sighted planning enhanced the ability of Sinclair companies to continue their Anticipating war, Sinclair sold all European outlets for $1,000,000 profit: unable to export money from Hitler Germany, company took iron pipe instead growth through World War II. Almost as though the management possessed a crystal ball, it set in motion five programs in anticipation of the conflict which, by the system's twenty-fifth birthday year in 1941, had proven eminently correct. The sequence began with Hitler's rise to power in Germany.


Foresighted building of modern tanker fleet gave Sinclair ten efficient 15-knot vessels as World War II began; two were sunk on war dutyWhat Sinclair Did:

  • Sold its European marketing subsidiaries for cash and barter goods at a profit of about $1 million. So Sinclair lost nothing to Hitler during World War II.
  • Anticipated the need for 100-octane gasoline by experiments with alkylation and polymerization processes beginning in 1937. When war came, Sinclair was able to expand quickly its production of aviation gasoline, the critically-needed polymers and codimer.
  • Combination crude and cracking unit at East Chicago substantially decreased fuel requirements for processing: efficiently produced gasolines for the home frontFrom 1937 stepped up oil exploration in Venezuela, with the result that the Santa Barbara field was discovered before U.S. entry into the war. By 1945 this new crude oil source contributed 27,000 barrels daily to U.S. operations, helping to offset acute shortages at home.
  • Augmented its obsolete tankers with ten fast new vessels which were delivered in 1941 and 1942. Of these, eight survived the war, giving Sinclair economical ocean transport during the post-war readjustment.
  • Built a new products pipeline linking the eastern seaboard with the Ohio River, serving the hugeExpecting transport shortage, Sinclair built products pipeline in 1941 from Marcus Hook, Pennsylvania to Ohio River with spurs to Baltimore, Maryland and Washington, D.C. industrial cities of the Allegheny region and Washington, D.C. This line served Sinclair marketing when other transport was preempted for military uses.


[ Previous | Index | Next ]

 

Copyright © 2008 Sinclair Oil Corporation. All Rights Reserved.
Best viewed at 800x600 resolution using Microsoft Internet Explorer.
No portion of this site may be reproduced without permission.
webmaster@sinclairoil.com