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By 1965 Pennzoil marketed its petroleum products worldwide. [1] In 1968, United Gas Corporation was purchased by Pennzoil, [3] through a leveraged buyout, which was necessary because Pennzoil did not have enough assets to buy United outright. During the 1970s, the company moved its offices to the Pennzoil Place in Downtown Houston, Texas. [4]
A gasoline pump or fuel dispenser is a machine at a filling station that is used to pump gasoline (petrol), diesel, or other types of liquid fuel into vehicles. Gasoline pumps are also known as bowsers or petrol bowsers (in Australia and South Africa), [2] [3] petrol pumps (in Commonwealth countries), or gas pumps (in North America).
By the mid-1980s, recommended viscosities had moved down to 5W-30, primarily to improve fuel efficiency. A typical modern application would be Honda motor's use of 5W-20 (and in their newest vehicles, 0W-20) viscosity oil for 12,000 kilometres (7,500 mi).
On November 19, 1985, Pennzoil won a US$10.53-billion verdict against Texaco, the largest civil verdict in US history up to that date. The court case sprang from Texaco having established a signed contract to buy Getty Oil after Pennzoil entered into an unsigned—yet binding—buyout contract with Gordon Getty. [30] In 1987, Texaco filed for ...
It is similar to that of a piston pump, but the high-pressure seal is stationary while the smooth cylindrical plunger slides through the seal. Plunger-type pumps are often mounted on the side of the injection pump and driven by the camshaft. [4] These pumps usually run at a fuel pressure of 3,600–26,100 psi (250–1,800 bar). [3]
An EPA rule change rippled through Wall Street Friday, and it could make a difference when you go to fill your gas tank. Meanwhile it was another day, another record for both the Dow Industrials ...