Energy, Oil & Gas Magazine EOG 218 - Jan 2024 | Page 48

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The company was founded by Jack Cason , who moved from Oklahoma to Las Vegas in the early 1950s , along with his brother , Pete , and business partner , Carl Bailey . The trio opened a single Phillips 66 ( P66 ) gas station on the Las Vegas Strip , developing a longstanding relationship , which led to the purchase of a preexisting P66 fuel terminal in 1985 to kickstart its terminal services offering . A further two bulk plants were purchased in 1989 and 1994 to accelerate expansion in the wholesale market .
Company evolution
The focus on wholesale growth was further supported by a decision to diversify in 2015 , which saw the business sell 55 retail stores . Today , the company is celebrating its 70th anniversary having grown from humble beginnings to occupy a strong foothold in the West of the US . Jason Case , CEO of
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