[1] It also operates a gathering and transportation system that moves oil products in interstate commerce.

His tenure saw the expansion of Lion Oil with the addition of holdings in Texas, Louisiana, and Mississippi.

[4] In Arkansas, it owned three large petroleum companies, including 400 hundred service stations.

[citation needed] This purchase was part of Monsanto's move to enter the petroleum industry after major oil companies, which supplied it with feedstocks, began their own commodity chemical divisions.

[citation needed] In 1985, Lion was struggling and on the verge of shutting down and was sold by Tosco to a partnership of Ergon Refining of Jackson, Mississippi, and a group of local investors.