today I wish to pay tribute to a well- respected American company: the Sinclair Oil Corporation. This May marks 100 years since Harry Ford Sinclair founded the corporation after purchasing petroleum assets from 11 smaller companies. In its centennial year, Sinclair Oil continues to thrive as one of the oldest continuously operated brands in the petroleum business and the seventh largest fuel company in the United States. Today I wish to congratulate the company on its 100th anniversary. Most people know Sinclair Oil for its iconic green Apatosaurus, but behind the character is a company fueled by two real American legends: Harry Ford Sinclair and Earl Holding. Harry Ford Sinclair experienced his fair share of setbacks before becoming a successful businessman. In fact, Sinclair was just 25 years old when a speculative investment went south, and he lost his father's drugstore, but the bad investment turned out to be a blessing in disguise for the brash and brilliant young man, who was never cut out for the quiet, meticulous life of a druggist in the first place. After losing his family's drugstore, Sinclair found work selling lumber for oil derricks. Soon, he was buying and selling small oil leases on the side, and his ``side'' business did well enough to attract investors. Sinclair's successes snowballed as he rolled small profits into bigger ventures, eventually leading to a payout in Oklahoma's Glenn Pool oil field that made him a millionaire by age 30.…
Orrin Hatch: “today I wish to pay tribute to a well- respected American company: the Sinclair Oil Corporation. This May marks 100…”
On the recordApril 28, 2016
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