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Arguindegui and his brother and business partner, Carlos H. Arguindegui (born c. 1933), established with an initial $25,000 the Arguindegui Oil Company Endowed Scholarship at Texas A&M International University in Laredo. The funds subsidize business majors.<ref>{{cite web|url=http://www.tamiu.edu/adminis/vpia/endowments/scholarships/|title=Arguindegui Oil Company Endowed Scholarship|publisher=tamiu.edu|accessdate=August 6, 2014; material no longer on-line}}</ref>
 
Arguindegui and his brother and business partner, Carlos H. Arguindegui (born c. 1933), established with an initial $25,000 the Arguindegui Oil Company Endowed Scholarship at Texas A&M International University in Laredo. The funds subsidize business majors.<ref>{{cite web|url=http://www.tamiu.edu/adminis/vpia/endowments/scholarships/|title=Arguindegui Oil Company Endowed Scholarship|publisher=tamiu.edu|accessdate=August 6, 2014; material no longer on-line}}</ref>
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Saul Otero called Arguindegui  "a great family man and businessman ... a great promoter and ambassador of Laredo".<ref name=lmt/> In 2009, [[U.S. Representative]] Henry Roberto Cuellar of Texas's 28th congressional district hailed the Arguindegui family in a speech on the floor of the House of Representatives, having noted its business success and commitment to philanthropy.<ref name=hrcuellar>{{cite web|url=https://books.google.com/books?id=HsCh8Mj2XlYC&pg=PA301&lpg=PA301&dq=Peter+R.+Arguindegui&source=bl&ots=6FmT22AFT9&sig=ehWoZ01sbXaz2IsFLfbVe7Pv7_s&hl=en&sa=X&ei=oEXiU4-dLM34oASGuYBA&ved=0CFgQ6AEwDQ#v=onepage&q=Peter%20R.%20Arguindegui&f=false|title=Recognizing the Family Business, AOC Holding Company|author=Henry Roberto Cuellar|date=July 22, 2009|publisher=''[[Congressional Record]]''|accessdate=August 6, 2014}}</ref>
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Saul Otero called Arguindegui  "a great family man and businessman ... a great promoter and ambassador of Laredo".<ref name=lmt/> In 2009, [[U.S. Representative]] Henry Roberto Cuellar of Texas's 28th congressional district hailed the Arguindegui family in a speech on the floor of the House of Representatives, having noted its business success and commitment to philanthropy.<ref name=hrcuellar>{{cite web|url=https://books.google.com/books?id=HsCh8Mj2XlYC&pg=PA301&lpg=PA301&dq=Peter+R.+Arguindegui&source=bl&ots=6FmT22AFT9&sig=ehWoZ01sbXaz2IsFLfbVe7Pv7_s&hl=en&sa=X&ei=oEXiU4-dLM34oASGuYBA&ved=0CFgQ6AEwDQ#v=onepage&q=Peter%20R.%20Arguindegui&f=false|title=Recognizing the Family Business, AOC Holding Company|author=Henry Roberto Cuellar|date=July 22, 2009|publisher=''[[Congressional Record]]'', Vol. 155|accessdate=October 15, 2020}}</ref>
    
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