[Congressional Record (Bound Edition), Volume 162 (2016), Part 4]
[Extensions of Remarks]
[Page 5254]
[From the U.S. Government Publishing Office, www.gpo.gov]


          CONGRATULATING SINCLAIR OIL FOR 100 YEARS OF SUCCESS

                                 ______
                                 

                          HON. JASON CHAFFETZ

                                of utah

                    in the house of representatives

                       Wednesday, April 27, 2016

  Mr. CHAFFETZ. Mr. Speaker, I rise to congratulate Sinclair Oil for 
celebrating 100 years of success in the oil and gas industry. 
Headquartered in Utah, Sinclair Oil has served as a shining example of 
American excellence for a century. Harry Ford Sinclair was 25 when he 
lost his father's drugstore in 1901 and began selling lumber for oil 
derricks. An incredibly savvy individual, Sinclair was soon buying and 
selling small oil leases, eventually attracting investors. Sinclair's 
immediate success was remarkable, he became a millionaire by the age of 
30 and founded the Sinclair Oil and Refining Corporation in 1916.
  The success of Sinclair Oil has stood the test of time and bolstered 
the United States economy. Sinclair saved hundreds of jobs during the 
Great Depression era by buying up dying competitors. During World War 
II, Sinclair's oil supported the Allied effort, and Sinclair's Dinoland 
exhibit was a highlight of the 1960s World's Fair. In 1976, self-made 
legend Earl Holding acquired Sinclair Oil. Under Holding's leadership, 
Sinclair Oil continued its growth as a beacon of American excellence. 
Holding's work at Sinclair is revered for his commitment to the 
company's culture and his incredible dedication to hard work. I look 
forward to the future of Sinclair Oil, as it continues to fuel the 
economy and provide jobs to hardworking Americans.
  I am proud to congratulate Sinclair Oil on achieving 100 years of 
success today. Sinclair's accomplishments have not only been of great 
benefit to Utah, but to the United States. I thank CEO Ross Matthews, 
Earl Holding, and the Sinclair Oil family for their contributions.

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