-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 U9JwIiupzaNp12DTUS/S+E6Y58GoSj1a5b4hiE8X5DFJGqnlU+mcOXcYLXqPBm4n
 oif3uAGhOAQBEuH6NR2DTQ==

<SEC-DOCUMENT>0001144204-05-001602.txt : 20050119
<SEC-HEADER>0001144204-05-001602.hdr.sgml : 20050119
<ACCEPTANCE-DATETIME>20050119151345
ACCESSION NUMBER:		0001144204-05-001602
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050114
FILED AS OF DATE:		20050119
DATE AS OF CHANGE:		20050119

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			IZAK S WILZIG
		CENTRAL INDEX KEY:			0001268955

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04673
		FILM NUMBER:		05536145

	MAIL ADDRESS:	
		STREET 1:		C/O WILSHIRE INTERPRISES INC
		STREET 2:		921 BERGEN AVENUE
		CITY:			JERSEY CITY
		STATE:			NJ
		ZIP:			07306

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WILSHIRE OIL CO OF TEXAS
		CENTRAL INDEX KEY:			0000107454
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATORS OF APARTMENT BUILDINGS [6513]
		IRS NUMBER:				840513668
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		921 BERGEN AVE
		CITY:			JERSEY CITY
		STATE:			NJ
		ZIP:			07306-4204
		BUSINESS PHONE:		2014202796

	MAIL ADDRESS:	
		STREET 1:		921 BERGEN AVENUE
		CITY:			JERSEY CITY
		STATE:			NJ
		ZIP:			07306
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v11426_form4izakex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-01-14</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000107454</issuerCik>
        <issuerName>WILSHIRE OIL CO OF TEXAS</issuerName>
        <issuerTradingSymbol>WOC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001268955</rptOwnerCik>
            <rptOwnerName>IZAK S WILZIG</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WILSHIRE ENTERPRISES, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>921 BERGEN AVENUE</rptOwnerStreet2>
            <rptOwnerCity>JERSEY CITY</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07306</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chairman, CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2005-01-14</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>50000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>132298</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2005-01-14</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>26000</value>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>158298</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These shares of common stock were awarded as a 2004 stock bonus pursuant to Article 16 of the company's 2004 Stock Option and
Incentive Plan. The 2004 stock bonus is consistent with the recommendations provided by an independent compensation
consultant to the company.</footnote>
        <footnote id="F2">N/A.</footnote>
        <footnote id="F3">These shares of common stock were awarded as a 2004 long-term incentive pursuant to Article 13 of the company's 2004 Stock
Option and Incentive Plan. Such shares vest in three equal annual installments beginning one year after the date of grant
so long as Ms. Wilzig Izak has not voluntarily terminated her employment with the company or been terminated for cause at
the respective vesting dates, all in accordance with the Plan. The 2004 long-term incentive is consistent with the
recommendations provided by an independent compensation consultant to the company.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Sherry Wilzig Izak, Laura R. Kuntz, Esq., Attorney-in-Fact</signatureName>
        <signatureDate>2005-01-18</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----