May 24, 2013
>Tesoro 'owns' Southern California. Who owns Tesoro?<
Tesoro is a US-based energy manufacturing company headquartered in San Antonio, Texas and traded publicly. Anyone who wants to go to a stockbroker can own their own part of Tesoro. There are two entities that own 5% or more of Tesoro. They are The Vanguard Group (an American mutual fund company based in Valley Forge, PA) and State Street Global Advisors (an American mutual fund company based in Boston, MA).
Millions of people directly or indirectly own Tesoro. Unless you stuff your money in a mattress, you probably own Tesoro. Even Barack Obama owns part of Tesoro.