Vintage Promotional Metal Coin Gas Pump Bank PURE OIL premium .

Vintage Promotional Metal Coin Gas Pump Bank PURE OIL premium .

Rare

U.S.A. 1950s

Size: 12.5 cm L x 5.5 cm W

PURE OIL :

Pure Oil Company was a major American petroleum company founded in 1914, involved in oil production, refining, and marketing, and best known for its national network of branded gasoline stations in the United States.

Three companies operating in the United States have used the Pure Oil name. The first began as a group of independent oil refiners, producers, and pipeline operators, in fall 1895 in Butler, Pennsylvania, with headquarters in Pittsburgh, although it was incorporated in New Jersey. Pure was organized by independent interests to counter to the dominance of Standard Oil Company in the Pennsylvania oil fields, and was the second vertically integrated oil company (after Standard) in the region. Operations were based in Oil City, Pennsylvania. David Kirk was elected the first president. He was succeeded in 1896 by James W. Lee. The company sold illuminating oil in Philadelphia and New York City. They also built bulk terminals in Amsterdam and Hamburg and competed in Europe with Standard Oil, the Nobel and Rothschild families, and Deutsche Bank.

Pure Oil Producing Co. was incorporated in 1902. In 1904 a refinery was built on the Delaware River which received 600 barrels per day (95 m3/d) from the United States Pipe Line. This increased to 1,800 barrels per day (290 m3/d) by 1906. The Pennoil tanker delivered oil to Europe.