COMPANY·HISTORIES
NAIC 44711

Gasoline Stations with Convenience Stores

How the companies in this industry began, and the forces that shaped them.

12companies1870–1998founding years12still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironment
FoundedAtlantic Richfield CompanyFoundedAtlantic Richfield Company
1870
1903
TechnologyThe Wright brothers achieve powered flight.
1908
TechnologyThe Ford Model T brings the automobile to the middle class.
FoundedUltramar Diamond Shamrock CorporationFoundedUltramar Diamond Shamrock Corporation
1910
1913
EconomyThe Federal Reserve is created.
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression begins.
FoundedMinyard Food Stores, Inc.FoundedMinyard Food Stores, Inc.
1932
1933
EconomyNew Deal reforms reshape banking and industry.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long postwar expansion begins.
1947
TechnologyThe transistor is invented at Bell Labs.
FoundedThe Coastal CorporationFoundedThe Coastal Corporation
1955
1956
EconomyThe Interstate Highway program remakes commerce.
FoundedCoborn's, Inc.FoundedCoborn's, Inc.
1957
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1970
EnvironmentThe EPA is founded; environmental regulation expands.
1971
EconomyThe dollar leaves the gold standard; Nasdaq opens.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins with the Altair.
1979
EconomyA second oil crisis drives inflation higher.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall 22% in a single day.
1989
EnvironmentThe Exxon Valdez spill reshapes energy and shipping rules.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1994
TechnologyAmazon is founded; e-commerce begins to disrupt retail.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedFortum CorporationFoundedFortum Corporation
1998
2000
EconomyThe dot-com bubble bursts.
2001
EconomyThe September 11 attacks; a recession follows.
2004
TechnologySocial media and Web 2.0 begin to take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit.
2010
EnvironmentThe Deepwater Horizon spill triggers sweeping energy rules.
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Atlantic Richfield Company →
Active · founded 1870
Atlantic Richfield Company, better known as ARCO, is the seventh-largest U.S.
Atlantic Richfield Company →
Active · founded 1870
Atlantic Richfield Company, better known as ARCO, is the seventh-largest U.S.
Ultramar Diamond Shamrock Corporation →
Active · founded 1910
Ultramar Diamond Shamrock Corporation (UDS), based in San Antonio, Texas, is the second largest independent oil…
Ultramar Diamond Shamrock Corporation →
Active · founded 1910
Ultramar Diamond Shamrock Corporation (UDS), based in San Antonio, Texas, is the second largest independent oil…
Minyard Food Stores, Inc. →
Active · founded 1932
Minyard Food Stores, Inc.
Minyard Food Stores, Inc. →
Active · founded 1932
Minyard Food Stores, Inc.
The Coastal Corporation →
Active · founded 1955
The Coastal Corporation, based in Houston with operations in several energy markets, is a Fortune 500 energy company…
The Coastal Corporation →
Active · founded 1955
The Coastal Corporation, based in Houston with operations in several energy markets, is a Fortune 500 energy company…
Coborn's, Inc. →
Active · founded 1957
Coborn's, Inc.
Coborn's, Inc. →
Active · founded 1957
Coborn's, Inc.
Fortum Corporation →
Active · founded 1998 · Finland
Fortum Corporation is an international energy group formed from the 1998 merger of two state-owned Finnish firms: Neste…
Fortum Corporation →
Active · founded 1998 · Finland
Fortum Corporation is an international energy group formed from the 1998 merger of two state-owned Finnish firms: Neste…
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