100th Anniversary of Sinclair Oil Corporation |
---|
Topics: Sinclair
|
Senator John Barrasso
Congressional Record: 114th Congress
14 July 2016
Mr. BARRASSO. Mr. President, today I wish to congratulate
Sinclair Oil on its 100th anniversary of operations. Based in Wyoming,
Sinclair Oil is one of the largest privately held, vertically
integrated oil companies in America.
Sinclair Oil and Refining Corporation was founded in 1916 by Harry
Ford Sinclair. Under his leadership, Sinclair opened America's first
modern service stations in the 1920s. These stations offered gasoline,
oil changes, car repairs, and, for the first time, public restrooms.
With the establishment of this network of full service gasoline
stations, Americans were finally able to experience what drivers have
for nearly a century referred to as ``the long road trip.''
In the 1930s, the world suffered through the Great Depression.
Sinclair Oil continued to operate during those tough times, expanding
its national operations by acquiring dying competitors, and, more
importantly, protecting hundreds of jobs at a time when employment was
scarce. By 1935, the company had 20,000 employees, 8,100 company-owned
or leased service stations, and 14,000 miles of pipelines.
It was also during this time that Sinclair introduced Dino the
Dinosaur as the company's mascot and logo. Dino remains the face of
Sinclair Oil and is one of America's best known oil industry mascots.
Following the retirement of Mr. Sinclair in 1948, the company
continued to operate under various ownership groups until 1976, when
Earl Holding purchased the company's assets. Earl Holding, like Harry
Ford Sinclair, was a self-made man. As was the case of many in his
generation, Mr. Holding grew up with nothing during the Great
Depression. He learned early on that hard work and dedication to one's
goals was the path to success.
Earl Holding's long business career began in 1952 when he and his
wife, Carol, invested in a motel and service station called Little
America. Located in a remote area along what is now I-80 in Wyoming,
the Holdings took 2 years to turn their single operation to
profitability. They fell in love with Wyoming and the people they met,
and it is where they raised their three children, Anne, Kathleen, and
Stephen. With their business successful, they began building the Little
America chain of hotels and gas stations that exist throughout the West
today. Just prior to the Holding's purchase of Sinclair Oil in 1976,
Little America became Sinclair Oil's biggest customer.
Today Sinclair Oil remains a vital player in providing American
drivers with quality gasoline. Incorporated in Wyoming, the company
owns refineries in Casper and Sinclair, WY. There are more than 1,300
Sinclair-branded stations located in 24 States. The company markets
high-quality products, including DINOCARETM TOP
TIERTM Gasoline through a network of 400 distributors.
Sinclair also operates a network of pipelines and terminals in the
Rocky Mountain and midcontinent regions, and the company continues to
invest in its workers and operations to insure reliable and affordable
products for generations to come.
When Earl Holding passed away in 2013, Wyoming lost a remarkable
individual. His love of family and community, and his commitment to
hard work and pursuing one's dreams, led him to a life of tremendous
success and fulfillment.
We are fortunate that his legacy continues through the Holding family
businesses, particularly Sinclair Oil. Headed by current CEO and
chairman of the board, Ross Matthews, the Holding family remains
intimately involved in the company's activities, and the values Earl
and Carol Holding lived their working lives by are still reflected in
Sinclair Oil's company vision: Love of Country, Care for People,
Commitment to Safety.
I invite all members of the Senate to join me in celebrating the 100-
year anniversary of a truly American company, Sinclair Oil, and wishing
the company, its employees, and the Holding family much success in the
future.