Two 1931 Hit by the depression, years later, Anderson was elected Richfield slides into receivership. A visionary business- man, Anderson, along with President Sinclair merges with Rio Grande Oil Thornton F. Bradshaw, guided the and Prairie Pipeline and Prairie company through two significant Oil and Gas Companies, and now has mergers. Last horse is retired from Richfield Oil Atlantic delivery fleet. Atlantic produces 20 the West Coast's leading gasoline percent of Allies' World War II marketers, with its own refineries aviation fuel. Richfield emerges as and production properties.
Gas wars a leading producer of high- octane and financial setbacks pushed fuels.
Richfield into receivership in the early 1930s. The firm was 1942 February 23, Richfield's reorganized in 1936 and once again Elwood Field near Santa Barbara is captured an important share of the shelled by Japanese submarine, gasoline market. Alaska's Prudhoe Bay field, the biggest oil strike ever in the 1952 Atlantic begins offshore Gulf Western Hemisphere. Now company Coast production. Corporation, founded by Harry F. Sinclair in 1916.