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Little was known of Burt Refining's origins other than George A. Burts was the owner and was rumored to have been an agent of John D. Rockefeller. [5] In 1909, the State of Texas seized the refinery as an illegal affiliate of Standard Oil and sold in an auction to Magnolia Petroleum Co. [5] The refinery became Texas's third largest by 1920 ...
In Oct. 2023, average rates on the 3-month CD hit 5.46%, their highest in roughly 16 years. Rates have ticked slightly lower in 2025 thus far but still remain near recent highs. FAQ
ExxonMobil's Baytown Refinery is a major oil refinery named after and located in Baytown, Texas.It has capacity of 588,000 barrels per day (93,500 m 3 /d). [1] The site first opened in 1919 and was originally operated by the Humble Oil Company.
Here’s how CD rates fell in the year after those emergency rate cuts of 2020 were made: From June 2020 to June 2021, the average one-year CD dropped to 0.17 percent APY from 0.41 percent APY.
Lock in today's best rates in decades on certificates of deposits on a range of CD terms — from 6 months to 5 years. Best CD rates today: Put your money to work with guaranteed yields up to 4.40 ...
ExxonMobil Corporation [a] (/ ˌ ɛ k s ɒ n ˈ m oʊ b əl / EK-son-MOH-bəl) [4] [5] [6] is an American multinational oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. [ 7 ] [ 8 ] : 1 Founded as the largest direct successor of John D. Rockefeller 's Standard Oil , the modern company was formed in 1999 following the ...
The Motiva refinery is an oil refinery located in Port Arthur, Texas. It is the second largest oil refinery in the United States. [1] The first processing units of the Port Arthur Refinery were constructed in 1902 by the Texas Company, later Texaco. The roots of this refinery can be traced to the Spindletop oil boom near Beaumont, Texas. It ...
Image source: Getty Images. For most of 2024, certificates of deposit (CDs) had been offering their highest rates in decades. If you shopped around, you could get a CD with a 5.50% APY or higher.