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Encyclopedia > Standard Oil of California

Chevron was founded after an 1879 oil discovery in Pico Canyon, near the Santa Susana Mountains north of Los Angeles, California as the Pacific Coast Oil Co.


This entity was later acquired by Standard Oil. After the breakup of Standard Oil, the company was called Standard Oil of California or Socal.


Since 2001 it has been part of the ChevronTexaco company.


Chevron's patented gasoline additive is Techron.


Chevron's current advertising campaign consists of animated talking toy cars.


External links


  Results from FactBites:
 
Standard Oil - Wikipedia, the free encyclopedia (1110 words)
Standard Oil Trust quickly attracted attention from antitrust authorities and the Ohio Attorney General filed and won an antitrust suit in 1892.
Standard Oil, being formed well before the discovery of the Spindletop oil field and a demand for oil other than for heat and light, was well placed to control the growth of the oil business.
Oil literally could not leave the oil field unless Standard Oil agreed to move it: the "posted price" for oil was the price that Standard Oil agents printed on flyers that were nailed to posts in oil producing areas, and producers were in a take-it-or-leave-it position.
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