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ST. PAUL, Minn. -- Yocum Oil Co. founder Paul Yocum, passed away on July 24 at age 95, the company confirmed. He also served as an active board member at Premier Banks.
Yocum founded Yocum Oil Co. with a Skelly Oil franchise in 1959, after leaving his position as a commissioned agent for Standard Oil. After moving business operations from his house to the newly built Skelly station, Yocum focused on growing the bulk fuel business by servicing local homes and farms, supplying other Skelly stations, and operating his own service station. Prior to his business career, Yocum served in the Navy during World War II.
As president of the Minnesota Petroleum Marketers Association (MPMA) from 1972 to 1973, Yocum worked to ensure local oil supply was adequate for state emergency services and for the continuation of the economy during the first oil embargo.
Yocum's founding principles of service and integrity still guide Yocum Oil today, and he will be remembered for his work achievements and ethical practices, his honest and positive outlook, and his lightheartedness and sense of humor, said the company.
Family owned and operated Yocum Oil distributes fuels and lubricants across Wisconsin, Iowa and North Dakota.