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Oil Company History #4618558
12/30/17 09:18 AM
12/30/17 09:18 AM
Joined: Jun 2002
Posts: 19,233
Iowegia - USA
MolaKule Offline OP
MolaKule  Offline OP
Joined: Jun 2002
Posts: 19,233
Iowegia - USA

Last edited by MolaKule; 12/30/17 09:19 AM.

Reading is fundamental; understanding is not a given ability.
Re: Oil Company History [Re: MolaKule] #4618570
12/30/17 09:30 AM
12/30/17 09:30 AM
Joined: Aug 2003
Posts: 3,608
lllinois
salesrep Offline
salesrep  Offline
Joined: Aug 2003
Posts: 3,608
lllinois
Wow. 10% of the worlds oil production from the jump!


High quality Specialized Lubricants pay for themselves!
Re: Oil Company History [Re: MolaKule] #4618575
12/30/17 09:35 AM
12/30/17 09:35 AM
Joined: Sep 2010
Posts: 6,988
Texas
4WD Offline
4WD  Offline
Joined: Sep 2010
Posts: 6,988
Texas

Re: Oil Company History [Re: MolaKule] #4618702
12/30/17 11:48 AM
12/30/17 11:48 AM
Joined: Dec 2016
Posts: 6,226
Waco, TX
Linctex Offline
Linctex  Offline
Joined: Dec 2016
Posts: 6,226
Waco, TX
I have been to Marland's old Ponca City, Oklahoma offices (Now Conoco)

Everything is pretty much gone now. Ponca City was a truly amazing place in earlier times.


"The evidence demands a verdict".
(Re:VOA)"it's nearly impossible to actually know the particular additives that are in there at what concentrations."
Re: Oil Company History [Re: Linctex] #4618750
12/30/17 12:23 PM
12/30/17 12:23 PM
Joined: Aug 2010
Posts: 5,651
Champlain/Hudson Valley
Kira Offline
Kira  Offline
Joined: Aug 2010
Posts: 5,651
Champlain/Hudson Valley
Marland, worth $85,000,000 in 1920 = X today.

Find X.

Re: Oil Company History [Re: MolaKule] #4618755
12/30/17 12:28 PM
12/30/17 12:28 PM
Joined: Aug 2003
Posts: 3,608
lllinois
salesrep Offline
salesrep  Offline
Joined: Aug 2003
Posts: 3,608
lllinois
1.3 billion... at a measly 3% growth/inflation rate

Last edited by salesrep; 12/30/17 12:29 PM. Reason: Ad

High quality Specialized Lubricants pay for themselves!
Re: Oil Company History [Re: salesrep] #4618806
12/30/17 01:29 PM
12/30/17 01:29 PM
Joined: Dec 2016
Posts: 6,226
Waco, TX
Linctex Offline
Linctex  Offline
Joined: Dec 2016
Posts: 6,226
Waco, TX
Originally Posted By: salesrep
1.3 billion... at a measly 3% growth/inflation rate


Obviously not compounded.


"The evidence demands a verdict".
(Re:VOA)"it's nearly impossible to actually know the particular additives that are in there at what concentrations."
Re: Oil Company History [Re: MolaKule] #4618820
12/30/17 01:57 PM
12/30/17 01:57 PM
Joined: Jul 2004
Posts: 905
Indiana (IN)
shanneba Online content
shanneba  Online Content
Joined: Jul 2004
Posts: 905
Indiana (IN)
$85,000,000 in 1920 had the same purchasing power as $1,085,805,291 in 2017

X = $1,085,805,291 in 2017

https://www.moneysavingtips.org/calculate/inflation/85000000

Last edited by shanneba; 12/30/17 01:58 PM.

2003 BMW 330Ci
2013 HD Sportster XL1200C
Re: Oil Company History [Re: Linctex] #4618997
12/30/17 05:33 PM
12/30/17 05:33 PM
Joined: Aug 2003
Posts: 3,608
lllinois
salesrep Offline
salesrep  Offline
Joined: Aug 2003
Posts: 3,608
lllinois
Yes. Compounded. Rule of 72.


High quality Specialized Lubricants pay for themselves!
Re: Oil Company History [Re: MolaKule] #4695460
03/15/18 09:36 AM
03/15/18 09:36 AM
Joined: Mar 2018
Posts: 7
China
atfadapter Offline
atfadapter  Offline
Joined: Mar 2018
Posts: 7
China
shocked


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