Description
1940's Airplane Motor Oil Sign Texas Pacific Aero Motor Lubrication Oil Tin<br>Advertising sign. Great sign from the second quarter of the 20th century in<br>great displayable condition with minimal wear. 16" x 32"<br><br>Established in 1888, Texas Pacific Coal & Oil Company was likely the largest<br>bituminous coal mine in Texas for over 30 years (Yes Virginia, there are coal<br>mines in Texas.) The company established the historic company owned mining town<br>of Thurber. However, Discovery of West Texas oil in the 1920's resulted in the<br>decline of coal. Texas Pacific shut down the mine moved its headquarters to Fort<br>Worth in the 1930s. Thurber is now not much more than a landmark ghost town on<br>Interstate Hwy 20.But the history continued. In 1963 Joseph E. Seagram and Sons,<br>Inc. acquired Texas Pacific Oil Company company for $277 million. In April 1980,<br>Seagrams sold the Texas Pacific Oil Company to the Sun Oil Company (SUN) for<br>$2.3 billion. In 2012 natural gas pipeline company Energy Transfer Partners<br>(ETP) acquired Sunoco (SUN) in a deal valued at about $5.3 billion.
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