ECONOMY OIL, INC. is a North Dakota corporation, registered on June 3, 1974. It is based at 1234 N 14TH ST, OAKES, ND, 58474-2302, United States. The company is currently listed as active on the North Dakota register, is registered under company number 0000009176 and carries EIN 450321527. Public records for the company include 1 SoS registration, 1 federal contract, 5 loan records and 4 USDOT records. Every fact here is republished from an official public register and traces back to a primary source document.
| Legal entity name | ECONOMY OIL, INC. |
|---|---|
| Principal address | 1234 N 14TH STOAKES58474-2302NDUnited States |
| Mailing address | 1234 N 14TH ST, OAKES, ND, 58474-2302, US |
| Registration state | North Dakota |
| Status | Active |
| Registered | 3 June 1974 (about 52 years ago) |
| Shareholders | GARY SCHNELL, ownerWILFREDO F ALVAREZ, owner |
| Entity type | Corporation |
| Standing | compliant |
| Company number | 0000009176 |
| EIN | 450321527 |
| Employees (modeled) | β9 employees2024 |
|---|
| USDOT carrier | USDOT 119825 (+1 more) Β· 7 power units Β· 3 drivers Β· Interstate |
|---|
| Registered agent | GARY SCHNELL |
|---|
| Source registry | North Dakota Secretary of State Β· updated 15 June 2026 |
|---|
| Public records | 1 SoS registration |
|---|
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| Est. revenue (modeled) | $6.6M2024 |
|---|---|
| Federal contractor | Yes Β· 1 federal recipient record (SAM) |
| SBA loans | $1.1M Β· approved amounts |
| State | Business name | Filed | Registered agent | Officers | Status | |
|---|---|---|---|---|---|---|
| North DakotaTHIS | ECONOMY OIL, INC. | 1974-06-03 | GARY SCHNELL | β | Active | |
Filing ID 0000009176 Jurisdiction Domestic Β· Corporation Principal address 1234 N 14TH ST, OAKES, ND, 58474-2302, United States Registered agent GARY SCHNELL1234 N 14TH ST, OAKES, ND, 58474-2302 Officers Not reported | ||||||
| South Dakota | ECONOMY OIL, INC. | 1985-02-25 | STEVE SHANLEY | β | Active | |
Companies and people linked to ECONOMY OIL, INC. in the state registers through shared officers, a shared registered agent, shared filing contacts or a shared address. Service companies file for many unrelated businesses β a shared agent, address or contact alone does not prove affiliation.
company person group former role
Browse the indexed registries by state, or look up any debtor name free, at UCC lien search.
| State | License / ID | Type | Issued | Status | |
|---|---|---|---|---|---|
| North Dakota | 119825 | Interstate carrier | β | Active | |
| New Jersey | 1596008 | Intrastate carrier (HM) | β | Active | |
| North Dakota | 119825 | Carrier authority (USDOT) | β | Active | |
| New Jersey | 1596008 | Carrier authority (USDOT) | β | Active | |
| Amount | Approved | Lender | Jobs | Status | |
|---|---|---|---|---|---|
| $175,000 | 2002-09-17 | BankNorth | β | P I F | |
| $175,000 | 2001-08-30 | BankNorth | β | P I F | |
| $700,000 | 2001-08-28 | BankNorth | β | P I F | |
| $42,200 | 04/08/2020 | BankNorth | 6 | Paid in Full | |
| $46,000 | 01/16/2021 | BankNorth | 6 | Paid in Full | |
Employee-benefit plan filings by ECONOMY OIL, INC. with the Department of Labor. Employee and revenue figures are modeled estimates derived from retirement-plan participant counts and industry ratios β not official headcount or reported revenue.
| Employees (modeled) | β9 Β· plan year 2024 |
|---|---|
| Est. annual revenue (modeled) | $6.6M |
| Retirement plan assets | $223,916 |
| Benefit plans | No 401(k) on file |
| Filing history | 26 plan years filed, 1999β2024 |
| Sponsor EIN | 45-0321527 |
| Plan year | Employees (est.) | Participants | Plan assets | Revenue (est.) | 401(k) | |
|---|---|---|---|---|---|---|
| 2024 | β9 | 8 (8 active) | $223,916 | $6.6M | Pension | |
| 2023 | β9 | 8 (8 active) | $196,947 | $7.1M | Pension | |
| 2022 | β9 | 8 (8 active) | $158,898 | $6.1M | Pension | |
| 2021 | β10 | 9 (9 active) | $181,482 | $6.2M | Pension | |
| 2020 | β10 | 9 (9 active) | $158,085 | $6.6M | Pension | |
| 2019 | β9 | 8 (8 active) | $128,767 | $5.5M | Pension | |
| 2018 | β9 | 8 (8 active) | $103,022 | $4.3M | Pension | |
| 2017 | β9 | 12 (8 active) | $108,987 | $4.4M | Pension | |
| 2016 | β9 | 10 (8 active) | $96,256 | $6.4M | Pension | |
| 2015 | β10 | 11 (9 active) | $90,024 | $7.1M | Pension | |
Federal court records load when you reach this section.
Companies adjacent to ECONOMY OIL, INC. in the North Dakota Secretary of State register, in alphabetical order.
1 company is registered at 1234 N 14TH ST, OAKES β shared registered-office and agent addresses are common; a shared address alone does not link businesses.
Netstate aggregates public records from federal, state and municipal sources; records are matched to this company by its registered legal names. Latest source snapshot 2026-08-08. Document getpalm-companies/1146-9732-4746.