The TETCO Era:

After forming the holding company TETCO Inc. he waited for his non-compete clause in the gasoline business to expire before forming TETCO stores. They made an association with Mobil Oil Company through Marshall Distributing, and began construction of TETCO Mobil #01 (Bitters and West Ave.) in 1993. In 1994 TETCO Stores, along with Marshall Distributing purchased approximately 40 retail and dealer Mobil stations. In 1997 TETCO bought out the Marshall’s percentage of the partnership and then purchased Farmco, Inc. In 1998 TETCO stores formed a Limited Partnership with Mobil Oil making it the largest independent retail merger in the Nation. In 1999 Exxon purchased Mobil Oil Company making it the largest merger between two global oil companies in the history of the industry. TETCO bought full interest in the stations for $50 million when the Federal Trade Commission made Mobil sell them as a condition of the merger.

In 2003 TETCO filed suit against Exxon Mobil Corp. accusing the oil giant of fraud and breach of the 1998 contract that called for TETCO to distribute Mobil fuels at TETCO gas stations in Texas. Exxon had promised TETCO that it would support the Mobil brand after the acquisition, and that TETCO could continue to grow. Instead TETCO alleged Exxon/Mobil opened 37 Mobil stations and 33 Exxon stations in parts of the state where the oil giant promised not to compete with TETCO. A jury awarded TETCO $33.6 million and that was the end of the TETCO and Exxon/Mobil relationship. TETCO is now the largest distributor of Chevron gasoline in the Country. As of 2009 TETCO now has 170 Company owned stores, and supplies 630 dealer stores.