Lukoil
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Le Mans Master
Joined: Feb 1999
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From: levittown pa. usa Even a bad day with my `Vette, is better than a good day at work
St. Jude Donor '10
Lukoil
Ok, so where are we going to buy our oil from now on. I just heard that Lukoil?? has bought out Mobil ( which was owned by Tosco ), and are in the process of changing all the stations over to this new name. I heard that this is either an indian (from India) company, or a Pakistani company. Not sure about that part though. What is their synthetic oil going to be called--- Luk-1 ???. Looks like we may have to use another brand in our `Vettes 
Race Director
Joined: Aug 2003
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From: San Jose Pat Tillman - American Hero
Originally Posted by kenv
Ok, so where are we going to buy our oil from now on. I just heard that Lukoil?? has bought out Mobil ( which was owned by Tosco ), and are in the process of changing all the stations over to this new name. I heard that this is either an indian (from India) company, or a Pakistani company. Not sure about that part though. What is their synthetic oil going to be called--- Luk-1 ???. Looks like we may have to use another brand in our `Vettes
Elite Torch Red Member
Joined: Sep 1999
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From: Exit 89 GSP,Lakewood,NJ The Land Of Mojo
Cental/South NJ Events Coordinator
CI 1-2-3-4-5-6-7-8-9-10-11-12 Vet
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St. Jude Donor '03-'04-'05-'06-'07
If they keep the same formula, I'd still buy it.
People bitch about buying American, but have no problem selling out to foreign companies. Anybody want to guess how many 100% American companies exist the the USA? Not many.
People bitch about buying American, but have no problem selling out to foreign companies. Anybody want to guess how many 100% American companies exist the the USA? Not many.
Racer
Joined: Apr 2005
Posts: 322
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From: Mt. Pleasant TX
American Oil
Very very few are actually selling anything resembling American oil. Sinclair oil out of Wyoming is the only one I would truly consider American. I drill wells offshore and right now everyone is in Nigeria . And they're all affiliated in one way or the other so I for one would say that the Mobil 1 name will probably go one for a long time. Otherwise I'll have to change the underhood emblem... They are all pretty much equal as long as a good synthetic.
Burning Brakes
Joined: Oct 2004
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From: Pittsburgh Pirates PA
it would be bad publicity to change the name... all this buying out is the way of the world. in 1984 they broke up at&t for being too big into 7 different companies. now verizon and qwest are buying them back up and soon we'll be back to 2.. the world is nuts.
Team Owner
Joined: Jun 2005
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From: Northern, VA
St. Jude Donor '15
"In honor of jpee"
But, as we've read, not all synthetics are from the same base or components. Oh ,who cares?
Actually, I did find an article on LukOil. They're "re-badging" Mobil gas stations up and down the east coast. Then, Getty oil stations will change to LukOil stations. By the time this is all finished, Luk will have over 2000 stations on the east coast. Part of the Exxon/Mobil divestiture plan.
Pretty sure it doesn't affect the oil in the can which, as said, comes from wherever, Nigeria, Alaska, Gulf, etc.
Actually, I did find an article on LukOil. They're "re-badging" Mobil gas stations up and down the east coast. Then, Getty oil stations will change to LukOil stations. By the time this is all finished, Luk will have over 2000 stations on the east coast. Part of the Exxon/Mobil divestiture plan.
Pretty sure it doesn't affect the oil in the can which, as said, comes from wherever, Nigeria, Alaska, Gulf, etc.
Safety Car
Joined: Sep 2002
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From: The reason time exists is so everything doesn't happen at once
Lukoil is a Russian company, Mobil and Exxon merged in 1999 (ExxonMobil - XOM). With a market value of approximately $378 Billion XOM is not a likely candidate for a takeover I believe what is happening is Lukoil is buying certain "surplus" Mobil service stations.
Last edited by 6t9l4t6; Jun 28, 2005 at 09:49 AM.
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Thread Starter
Le Mans Master
Joined: Feb 1999
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From: levittown pa. usa Even a bad day with my `Vette, is better than a good day at work
St. Jude Donor '10
Originally Posted by 6t9l4t6
Lukoil is a Russian company, Mobil and Exxon merged in 1999 (ExxonMobil - XOM). With a market value of approximately $378 Billion XOM is not a likely candidate for a takeover I believe what is happening is Lukoil is buying certain "surplus" Mobil service stations.
Hmmm- they are surplusin their asses off in my neck of the woods. Every Mobil is being converted, & every Exxon is being shut down
Good Luk
Racer
Joined: Mar 2005
Posts: 433
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From: Miami Florida
Originally Posted by kenv
Ok, so where are we going to buy our oil from now on. I just heard that Lukoil?? has bought out Mobil ( which was owned by Tosco ), and are in the process of changing all the stations over to this new name. I heard that this is either an indian (from India) company, or a Pakistani company. Not sure about that part though. What is their synthetic oil going to be called--- Luk-1 ???. Looks like we may have to use another brand in our `Vettes
Well if they call it Luk-1, I'd guess we'd have to "Use the force".
Pro
Joined: Oct 2001
Posts: 512
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From: Orlando, FL
"Lukoil, Russia's largest oil producer, operates a network of more than 2,000 gasoline stations from Maine to Virginia. The service stations, which sell under the Mobil and Getty brands, are being converted to the Lukoil name. The Moscow-based company is no longer state owned."
Link
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Team Owner
Joined: Jun 2005
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From: Northern, VA
St. Jude Donor '15
"In honor of jpee"
Originally Posted by behnevette
"Lukoil, Russia's largest oil producer, operates a network of more than 2,000 gasoline stations from Maine to Virginia. The service stations, which sell under the Mobil and Getty brands, are being converted to the Lukoil name. The Moscow-based company is no longer state owned."
Link
Link
Drifting
Joined: Feb 2005
Posts: 1,592
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From: St Louis MO
Originally Posted by LT4CompYell
But for the fact that Russia is supposedly "broke", $300 billion for Exxon/Mobil isn't really too much for a country to buy a company, if they choose to. And, as we know, many countries own their companies, even if it claims they no longer own the company.
Also just read that Cnooc (Chinese) is now trying to take over Unocal.
Last edited by PierEagle; Jun 29, 2005 at 02:44 AM.
Elite Torch Red Member
Joined: Sep 1999
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From: Exit 89 GSP,Lakewood,NJ The Land Of Mojo
Cental/South NJ Events Coordinator
CI 1-2-3-4-5-6-7-8-9-10-11-12 Vet
CI-II Burnout & Drag Champ
St. Jude Donor '03-'04-'05-'06-'07
Can anyone tell me who the hell Valero is and why just about every Sunoco in NJ and DE are being converted?
Team Owner
Joined: Jun 2005
Posts: 46,295
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From: Northern, VA
St. Jude Donor '15
"In honor of jpee"
Valero's an oil and gas exploration company out of San Antonio. They've been around a long time, one of those Texas oily companies. One of the combos/mergers of oil companies allowed Valero to step up and become a retailer in their own name. I think prior to putting their names on stations they did own stations under more "branded" names. Some companies like the "free" advertising of putting their name out there.
Kinda the reverse of companies such as Fina and Exxon. A Fina exec once told me that after Exxon Valdiz (sp?) incident, he told his folks to take the Fina name off all tankers so that if there was an accident, the company would skate. Nice guy, huh?
Kinda the reverse of companies such as Fina and Exxon. A Fina exec once told me that after Exxon Valdiz (sp?) incident, he told his folks to take the Fina name off all tankers so that if there was an accident, the company would skate. Nice guy, huh?
