From Latin flÅ«ctuÄns, flÅ«ctuant- , present participle of flÅ«ctuÄre, to fluctuate; see fluctuate. adjective. 1  Subject to change or variation: variable: fluctuant oil prices. 2  Medicine Capable of being moved or compressed.3  Used of an abnormal mass such as a tumor or abscess. 4  Moving in waves.djective. 1  Subject to change or variation: variable: fluctuant oil prices. 2  Medicine Capable of being moved or compressed. 3  Moving in waves.
Like Gulf Oil, Texaco was founded in 1901 after a major oil strike at Spindletop near Beaumont, Texas. The company was officially incorporated as The Texas Company in 1902 and the word Texaco was first used as a brand (for asphalt, not gasoline) in 1903.
Founded in 1869 in Cleveland, Ohio, by Elisha Gray and Enos Barton, it was the origin of the Western Electric Company. On December 11, 1925, it was separately incorporated as Graybar Electric Company, Inc.