Changes to propane gas division
Watt Jr. and Watt Sr. revitalize the propane gas division.
Watt Jr. and Watt Sr. revitalize the propane gas division.
Hurricane Ivan slams Florida—Foster Fuels responds successfully for private companies.
Watt Jr. and Watt Sr. establish a disaster relief division in response to Hurricane Isabel’s arrival in Virginia.
Propane is listed as an approved, alternative clean fuel in the 1990 Clean Air Act and—two years later, it is listed again as an alternative fuel in the Energy Policy Act of 1992; Persian Gulf War begins. Texaco fuels are dropped from inventory.
Bobby (Watt Sr.) sells Foster Fuels to Watt Jr., his son. Bobby and Watt Jr. continue to run the company together like the sale never happened. Bobby remains President and participates in all important decisions. Watt Jr. does everything from driving a truck to service and work sales.
LH Jr. dies on November 11th (Veterans Day).
Watt R. Foster Jr. graduates from James Madison University and joins the Foster Fuels team.
Bobby adds propane to Foster Fuels’ services. Deliveries now include kerosene, fuel oil, gasoline, and motor oil.
OPEC forms on September 14. Company name changes from LH Foster & Son, Inc. to LH Foster & Sons, Inc. Bobby buys a transport truck to pick up fuels in Richmond. The first delivery is made to James Bailey’s Cleaners on Main Street in Brookneal (now closed). Other local companies are bought to become
Gasoline sells for $0.15/gallon. LH Jr. eventually takes over operations. His younger brother Bobby is involved with the family business also. LH Foster & Son continues to grow while Bobby attends the University of Richmond.