Goodyear completes Celeron sale to Exxon
Akron based Goodyear Tire & Rubber announces completion of the sale of Celeron Oil & Gas Co to Exxon. Celeron operates 450 onshore wells in Kern County California and holds interests in 23 offshore tracts. The All American Pipeline System was not included in the deal. the pipeline will move West Coast oil to Gulf Coast and Mid-Continent refineries, with line fill underway on its 1225 mile main segment.
MENTIONED IN THIS ARTICLE
Akron
Goodyear Tire & Rubber Co
Celeron Oil & Gas Co
Exxon
Goodyear
Belridge
Midway-Sunset
Kern County
Calif
California
All American Pipeline System
Gulf Coast
Mid-Continent
GM leader sees mix of profits and market share
Detroit AP General Motors Chairman Roger Smith says boosting US market share and profitability are separate goals. He notes a new three year pact with the UAW and cites possible successors, including Elmer Johnson, as key to GM's future leadership.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Roger Smith
Smith
United Auto Workers
Value of your valuables depends on many definitions
New York AP reports value has over 30 classifications from cash to sentimental. Insurance value contrasts replacement cost with actual cash value, guiding buyers to choose coverage that reflects full loss risk and policy terms to avoid financial hardship.
MENTIONED IN THIS ARTICLE
New York
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