FEATURE PAGE
October 1, 2026



Here's an aerial photo from the 1940s of Stancil Oil Company's Selma headquarters beside US 301, which was then a two-lane highway.
 
Four generations of Stancils in the family
business have made changes with the times


Transcript of Gary Ridout's interview with Larry Stancil:


My grandfather’s name was R.T. Atkins. He had a good job as a district manager with an insurance company in Raleigh. It was a big deal and a big risk to leave Raleigh and come to Selma and start a business. But he came to Selma, bought a vacant lot, and started Atkins Oil Company in 1941. That was a hard year because the United States was involved in World War II and gas was being rationed so he almost did not make it through 1941.

My father, Moses Warren “Mokie” Stancil was born in 1921. My mother, Betsy Atkins Stancil, was born in 1925. She grew up in Raleigh and Smithfield. My father grew up in Smithfield and served in World War II but he stayed stateside in the United States where he was stationed mainly in Kansas and Texas. After he left the military he worked with his father-in-law at Atkins Oil Company.

Mr. Atkins retired in 1955 and Dad merged with the American Oil Company. Dad built some class A service stations and added more gasoline accounts as the population grew. In the 1960s, there was home-heating and tobacco-curing business in addition to the gasoline business for automobiles. In 1965 he merged with the Rogman Oil Company of Smithfield and changed the name to Stancil Oil & Tire Company.

Larry and Mokie Stancil in the early years of their business partnership.

Mokie Stancil's community involvement

My father was a wonderful civic leader and church leader in Johnston County. In those days, being in different groups helped promote your business and he knew that.

He was connected with the Salvation Army for over 50 years. At one time, he was the longest serving Salvation Army Board member in the southeastern United States. He was president of the North Carolina Mental Health Association and also the Johnston County Mental Health Association.

He was president of the North Carolina Oil Jobbers Association that became very important during the oil shortage of the 1970s. He was president of the Smithfield-Selma Chamber of Commerce which is now the Triangle East Chamber of Commerce. I was president a few years later and we were the first father/son presidential combination in the history of the chamber.

He was on the Johnston Community College board for many years and received the Volunteer of the Year award from JCC. He was also a member of the Lions Club in Smithfield.

He was an active member for many years at the First Baptist Church in Smithfield. He moved the family to Centenary United Methodist Church in the 1970s where he served on many fund-raising committees and on the Administrative Council. He helped Jean Kelly raise money to start the Boys and Girls Club in Selma.


The Stancil Oil fleet of delivery trucks during the heyday of the service business.

Another generation makes its mark

I was born in 1953, and when I was a teenager in the late 1960s I would help mow grass at the oil company, wash the oil-delivery trucks, and help out in any way I could at that time. Many of the farmers had a large gasoline or diesel tank on their property. This was to fuel trucks and tractors used on the farm. After I got my driver’s license, I drove oil trucks and helped install tobacco curers.

In 1976 I graduated from Atlantic Christian College (today's Barton College) and went to work for my dad full-time. Together we started building and supplying convenience stores. At our height of business we supplied fuel to around 20 retail accounts and had 1,500 heating and agricultural customers in Johnston, Wayne, Wilson, and Harnett counties. We had up to 75 full-time and part-time employees. Several of our employees worked with us for 40-50 years.

Over time, we saw that oil usage for tobacco curing was winding down. Oil also was being used less and less in home heating. Historically, farmers fueled their curing barns with wood, then moved to kerosene-fueled pot-bellied stoves, and then to an oil-fueled jet-burner placed in the middle of the curing barn. As time went on, more and more tobacco farmers cured their tobacco with propane gas.

In the 1970s and 1980s, my dad had several two-bay gas stations in Smithfield, Kenly, and Clayton. Convenience stores and self-serve gas was evolving in the retail world at that time. It was a real revelation watching people pumping their own gas and spilling some of it! Our first convenience store was built between Bojangles and McDonald’s in 1978 in Selma.

As Dad and I both got older, we decided to scale back to a smaller operation when Amoco sold to BP Oil. In 2004 we sold off a portion of the company and reinvested in assets without underground storage tanks. Stancil Oil continued serving agricultural and heating customers until 2016 when that part of the business was sold because of lower demand for our products. In the last 10 years we have downsized to one company-run convenience store where it all started in 1941. We continue to fly the Marathon Oil flag as our fuel supplier for the last 15 years.

I was on the Johnston County Tourism Authority board for six years, chairman for two years. I was a member of the Smithfield Jaycees and served a term as president. I was on the North Carolina Oil Jobbers board in Raleigh for several years. At Centenary United Methodist in Smithfield, I have served on the Administrative Board and the Board of Trustees for many years.


Larry Stancil talks about the family business inside the museum he has assembled.


The Stancil Oil Museum

My fascination with memorabilia from the oil business goes way back. As a child, I watched my grandfather and father build the Atkins Oil business and then the Stancil Oil business. This fascination turned into the Stancil Oil Museum that is located on Highway 301 in Selma. It started when I tore down a warehouse that my granddaddy had built on the Selma property in the early 1940s.

As I was going through the material from the warehouse, I came across glass Amoco items which were used in the early gas pumps. I said to myself: “I can’t throw this stuff away!” So I put it to the side. This was in the early 1990s. I knew of very few people that were collecting these types of relics. There was no e-Bay, there were no computers, so I felt like I had to keep it.

As I grew to be fascinated with the items, I realized I liked the evolution of the American Oil Company and later Amoco in the world of business. This fascination has led me to flea markets and swap meets all over the United States. I got to know some other collectors who have called me from time to time with items that they think I would like.

Most of the material represents what 1940s-1960s travelers would see when they stopped at an Amoco gas station. The material includes road maps, tourist attraction brochures, and Amoco promotional items. Selling gasoline has always been very competitive, so companies were always trying to determine what would attract the customers.


Larry and Warren Stancil with one of their first large billboards.


Diversification led to billboards

The change in the oil business moved our company toward diversification. Early on, we moved into the heating and air business on a small-scale level. We installed duct work and insulation in houses during that time and sold window air-conditioning units on a small scale. 

Stancil Oil moved into the commercial building business in the mid-1980s. We purchased several commercial buildings around the county, many of which we still own. In 1986, our company entered the storage business. In Johnston County, we now have several storage-unit locations. In the United States, there is a great need for storage because it is estimated that one-third of the American population moves every year. This creates a need for storage.

In 2003, we began the billboard business. I learned in the late 1970s that it would be a good thing to promote our business using some sort of signage. We had a store and gas station in Kenly and I felt that this was a good place to do this type of promotion. I soon learned that if you have a small sign promoting the business, you also have the back of the sign that is useful for promotions. The revenue from the back side of the sign would help pay for the cost of the front of the sign.

I then realized that there are many “old junker” signs that I could buy from companies at a good price. I bought signs owned by the Chesapeake Bridge Authority on Interstate 95. Many of them had weeds and vines all over them and they needed a new paint job. I soon had about 10 or 12 signs that I used to promote the oil business. Soon I began to experiment with signs for commercial businesses. One of our first ones was a sign for McDonald’s. This was installed in the late 1970s.

One interesting story about the beginnings of the billboard business centered around an interaction I had about 6:30 at night in Selma in the year 2000. I was locking up the gate and this man who I knew pulled up to speak to me. He said: “I just went and got a permit to rezone some land near where you already have a sign that you are renting from me. I want to sell you that land for $25,000.” I said: “I don’t know, that’s a lot of money!” But I ended up buying the land and put up a mono-pole billboard (one pole holds the sign up). This sign had Amoco Oil on one side and Burger King on the other. The revenue from the Burger King side just about paid for the entire transaction.

My son, Warren Stancil, started renting signs when he was 16. Based on his work and the signs we already had, we started a new company called Interstate Outdoor Billboard Advertising. Warren is now the president of this company. We currently have about 700 billboard spaces.

One innovation in this business is electronic signs. In 2006 we installed the third electronic sign in the state. This is on the corner of highways 301 and 70 (in Selma) in an area called “Catch Me Eye.” We now have 25 electronic signs, and we have billboards from Selma to Boone.

The Stancil Oil Company and the associated activities may be one of the oldest businesses in the state. I am very proud that we have been able to deal with the constant changes in all these businesses and I am proud of what we have accomplished since 1941. My hope is that this success will continue into the future for my family.


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