Petroleum Solutions, Inc1632-B Vision Dr, Abilene, Texas, United States

PSIs roots began in 1968 and a young Tom Barron had a yearning to become an entrepreneur and desire to start his own business. After two years of working with a local service company, he saw the potential for success in the service station equipment business (which would later become the petroleum equipment industry).Of course, there are trials with any new business. The advent of self-service, the conversion from service station to convenience store, and the introduction of unleaded fuel created opportunities for Toms small service business. Once convenience stores became increasingly popular, customers needs changed.  The petroleum equipment industry is a volatile one, in its own industrial-style revolution. Technology shifted to electronics, and steel tanks and piping were replaced with corrosion resistant fiberglass. PSIs engagement with local trade associations and fuel jobbers helped him navigate through some of these changes. With the Valleys proximity to the border and the business connections made during his initial years, Tom was instrumental in providing the first electronic dispenser to sell fuel in Mexico. This was the beginning of establishing strong equipment and product sales. Around the 1980s, Pay-at-the-pump was pioneered, featuring credit and debit card readers. This reinforced the evolution in skill set for petroleum service technicians, from hands-on mechanics, to highly-skilled electronic technicians. Now, EMV has changed the industry yet again with payment terminals that meet new PCI compliance standards.