Posted by former employee on September 03, 1998 at 15:36:44:
In Reply to: Re: ?Powerine? posted by Bob on March 09, 1998 at 22:25:30:
: : Anyone out there wver heard of a oil company by the
: : name of Powerine? If so, how about a short history
: : or words of wisdom...
: : thanks in advance!
: : Have a POWERLUBE Motor Oil sign from Denver around 1940
: from powerline gasoline, Standard did them in around 1946!
: Bob
Powerine Oil Company, formerly Rothchild Oil Company, Began
in the oil fields of Santa Fe Springs, Ca. around 1935.
Powerine operated with a capacity of just under 50,000
barrels per day until 1984, when Harry Rothchild decalared
bancruptcy and closed the refinery. In October 1986,
Oscar Smidt,an Austrian investor bought Powerine out
of Bankruptcy and continued to operate until June of 1996.
The refinery has recently been purchased by Cenco Petroleum, Inc.
and rumors tie Pat Robertson, the evangelist, to the refinery.