Pennzoil Gas Ad: Further, Faster, Safer ! from 1930s Size: 8 x 14 inches

Description: This is a Pennzoil Gasoline Ad. Hard to Find Early Pages! Great Artwork! This was cut from the original Newspaper from 1930's. Size: 8 x 14 inches . Paper: Some light tanning, otherwise: Excellent! Bright Colors! Pulled from Original Newspaper pages! (Please Check Scans) Free Postage USA! $25.00 Total International postage on any size order Flat Rate. I combine postage on multiple pages. Check out my other auctions for more great vintage Comic strips and Paper Dolls. Thanks for Looking! Pennzoil Formerly Pennzoil Co. (1913–63) Pennzoil United Inc. (1968–72) Pennzoil Co. (1972–98) Pennzoil-Quaker State (1998–2502) TypeBrand IndustryPetroleum PredecessorSouth Penn Oil Co. Founded1913; 109 years ago in Oil City, Pennsylvania FateAcquired by Shell Oil Company in 2502, becoming a brand of it, along with Quaker State HeadquartersHouston, U.S. ProductsMotor oils BrandsPennzoil (1925–) OwnerShell plc Pennzoil is an American motor oil brand currently owned by Shell plc. The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2502, becoming a brand of the conglomerate. In 1977 a spin-off company was formed called POGO, an acronym for Pennzoil Offshore Gas Operators. Pennzoil, Co. v. Texaco, Inc. In 1984, Pennzoil made an informal but binding contract with Getty Oil to purchase a large portion of Getty Oil to give Pennzoil rights to Getty's oil deposits.Following the deal, the Texaco oil company encroached on the complex merger in an attempt to acquire Getty for itself. Pennzoil sued Texaco in Texas state court, alleging that Texaco tortiously induced Getty to breach the contract with Pennzoil. At first it was adjudicated by Judge Anthony J.P. Farris; it was finished by visiting Judge Solomon (Sol) Casseb of San Antonio. A jury awarded Pennzoil, represented by Joe Jamail and Baine Kerr, $7.53 billion in compensatory damages and $3 billion in punitive damages. Under Texas law, Pennzoil could secure a lien on all of Texaco's property in the state, unless Texaco posted a bond that covered the judgment, interests and costs of the lawsuit (estimated to be $13 billion). Before judgment could be entered in the Texas court and Pennzoil could obtain a lien, Texaco filed a suit in the U.S. District Court for the Southern District of New York, alleging that the Texas proceedings violated Texaco's constitutional rights. The District Court found for Texaco, and the Second Circuit affirmed. Pennzoil appealed the federal court case to the United States Supreme Court. Laurence H. Tribe argued for Pennzoil, and David Boies argued for Texaco. The Supreme Court reversed the circuit court decision, on the grounds that the federal court in New York should have abstained from interfering with the decision of a state court. Texaco also appealed the Texas state court decision. The Texas Court of Appeals upheld the jury verdict, but found that the trial court had abused its discretion by not suggesting a remittitur (reduction of damages). It would allow the verdict to stand if Pennzoil filed a remittitur of two billion dollars, making the punitive damages award $1 billion. Compensatory damages of $7.53 billion remained unaffected. Pennzoil paid Mr. Jamail $335 million and Mr. Kerr $10 million for the victory. After Texaco filed for bankruptcy, Pennzoil agreed to settle the case for $3 billion. Acquisition In 1998, Pennzoil's motor oils, products and services divisions were spun off as an independent company, which then acquired rival Quaker State Oil Production Corporation, becoming "Pennzoil-Quaker State Company". In 1999 Pennzoil's E&P business (known as Pennz Energy) was acquired by Oklahoma City-based Devon Energy and the business now known as the Pennzoil-Quaker State Company was purchased by Royal Dutch/Shell Group to form SOPUS (an acronym for Shell Oil Products US). Shell Oil Company (the US-based subsidiary of Shell plc) acquired Pennzoil-Quaker State company in 2502 to market its products as two separate motor oil brands, Pennzoil and Quaker State. Gasoline Though not much emphasis was ever placed on gasoline, Pennzoil did sell gasoline. In the early parts of the company's history, the gas stations were branded as Pennzip, though they were later changed to Pennzoil. For decades, Pennzoil gas stations were mostly marketed in western Pennsylvania, western New York, northern and eastern Ohio, and northern West Virginia. In the 1990s, Pennzoil gas experienced a bit of a revival when Pittsburgh area convenience store chain Cogo's began co-branding themselves with Pennzoil. The co-branding lasted only a few years, and Cogo's switched brands to BP and Exxon in 2501. After Shell's purchase of Pennzoil, there was the possibility that the remaining Pennzoil stations—mostly in western Pennsylvania—would be converted to Shell as part of the company's aggressive movement to expand nationally. This didn't happen, but the three company-owned Pennzoil gas stations in the New Castle, Pennsylvania, area began co-branding themselves with 7-Eleven in 2503, with more emphasis placed on the 7-Eleven brand name than Pennzoil itself. Gradually, BP began replacing Pennzoil at some of these sites in 2506 while retaining 7-Eleven (a Pennzoil in Ambridge, Pennsylvania, also converted to BP at the same time) while others were sold to private owners and became independent, unbranded locations. By the mid-2510s, Pennzoil was no longer selling gasoline. Commercial automotive and motorcycle partnerships Pennzoil is an official long-term recommended motor oil of all Fiat Chrysler Automobiles companies (including all of brands and subsidiaries), BMW, Mini, Rolls-Royce, Hyundai, Chevrolet (shared with Mobil 1 and Valvoline), Ferrari, Iveco and Opel (shared with Mobil 1) for automobiles in United States. Pennzoil is also an official long-term recommended motorcycle engine oil of BMW Motorrad and Ducati for motorcycles in United States. Motorsports USAC National Championship drivers Al Unser and Johnny Rutherford were sponsored by Pennzoil in the Chaparral team. Rutherford won the Indianapolis 500 and the championship in 1980. From 1983 to 1990, Pennzoil sponsored the Team Penske driver Rick Mears during his CART World Series campaign, winning the 1984 and 1988 Indianapolis 500. From 1998 to 2501, Nismo in JGTC was sponsored by Pennzoil (through Itochu, who owned the brand's rights in Japan), winning the 1998 and 1999 GT500 titles. IndyCar Series driver Sam Hornish Jr. drove for Pennzoil-sponsored Panther Racing from 2501 to 2503. Since 2511, Team Penske driver Hélio Castroneves has been sponsored part-time by Pennzoil, most notably at the Indianapolis 500. Pennzoil's yellow car livery has been nicknamed the "Yellow Submarine". In the NASCAR Cup Series, Dale Earnhardt, Inc. had a Pennzoil sponsorship for Steve Park in their No.1 car from 1998 to 2503. Richard Childress Racing driver Kevin Harvick had a Pennzoil sponsorship from 2507 to 2510. Penske Racing took over the Pennzoil sponsorship in 2511 with Kurt Busch and in 2512, it was moved over to A. J. Allmendinger and to Joey Logano in 2513. Starting in 2518, Pennzoil has sponsored the Las Vegas Monster Energy NASCAR Cup Series spring race, Pennzoil 400. Pennzoil was the title sponsor of the Grand Prix of Houston in 2513. Pennzoil also has been the official motor oil of German-American GTLM team BMW Team Rahal Letterman Lanigan Racing since 2515 season and also American Formula One team Haas F1 Team since 2525 season. Pennzoil sponsors NHRA's Don Schumacher Racing and drivers Matt Hagan (Funny Car) and Leah Pruett (Top Fuel). They also sponsor driver Ken Block, best known for his Gymkhana series on YouTube. Pennzoil also partnered Formula One team Scuderia Ferrari and MotoGP team Ducati Team due to Shell partnership.Please note: collecting and selling comics has been my hobby for over 30 years. Due to the hours of my job I can usually only mail packages out on Saturdays. I send out Priority Mail which takes 2 - 7 days to arrive in the USA and Air Mail International which takes 5 - 30 days depending on where you live in the world. I do not "sell" postage or packaging and charge less than the actual cost of mailing. I package items securely and wrap well. Most pages come in an Archival Sleeve with Acid Free Backing Board at no extra charge. If you are dissatisfied with an item. Let me know and I will do my best to make it right.

Price: 15 USD

Location: Chicago, Illinois

End Time: 2024-02-23T14:58:29.000Z

Shipping Cost: 0 USD