GULF

short for Gulf Oil Corporation, an enterprise incorporated in 1922 that engages in all branches of the petroleum industry. —Clearing Congress Film №2 Approved Glossary

short for Gulf Oil Corporation, an enterprise incorporated in 1922 that engages in all branches of the petroleum industry.short for the Gulf of Mexico, an arm of the Atlantic Ocean between Mexico and the US state of Florida.a reference to the Gulf Oil Corporation, a major American petroleum company. Founded in 1907, the firm developed oil fields in Texas, Louisiana, Mexico and Venezuela. Gulf was the first oil company to enter the consumer gasoline market when, in 1913, it opened a drive-in filling station in Pittsburgh, Pennsylvania. The company continued well into the twentieth century and in the 1980s was acquired by the Chevron Corporation.