Shoestring Artist.

The article discusses the business of John M. Shaheen, owner of holding company Shaheen Natural Resources, with attention paid to firm's assets and its publicly traded oil refinery Macmillan Ring-Free Oil in Los Angeles, California. Attention is paid to Shaheen's investments in petroleum industry including participation in the construction of two oil refineries in Newfoundland and Nova Scotia, Canada, loans from banks and oil companies, and an agreement with British Petroleum on crude supply.