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Standard Oil is the common name for a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller.
Jul 25, 2024 · Standard Oil, U.S. company and corporate trust that from 1870 to 1911 was the industrial empire of John D. Rockefeller and associates, controlling almost all oil production, processing, marketing, and transportation in the United States. It originated in Cleveland, Ohio.
Originally an independent oil company known as the Pacific Coast Oil Company, Standard Oil acquired Pacific Coast in 1900, renaming it the Standard Oil Company of California and granting it the assets of Standard Oil of Iowa, assets that were retained by the CalSo breakup of the larger Standard Oil.
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Nov 24, 2017 · Near the top of that list in 1917 is The Standard Oil Company of New Jersey, which is just one of the 34 forced spin-offs from the original Standard Oil juggernaut that was split up in 1911. In today’s chart, we look at the “fragments” of Standard Oil, and who owns these assets today.
May 29, 2018 · Background. In the 1850s a new industry emerged when refiners discovered that refined petroleum (which up until that point had been bought chiefly for its supposed medicinal properties) made an ideal fuel for lamps. (It would not become important for fueling engines until the twentieth century.)
Apr 30, 2024 · Standard Oil employed chemists who developed ways of increasing the types and quality of combustible fuels and created methods of converting waste into usable substances.
Apr 9, 2010 · John D. Rockefeller (1839-1937), founder of the Standard Oil Company, became one of the world’s wealthiest men and a major philanthropist. Born into modest circumstances in upstate New York,...
The History of the Standard Oil Company, originally a serial that ran in McClure’s, is one of the most thorough accounts of the rise of a business monopoly and its use of unfair practices; her reporting contributed to the subsequent breakup of Standard Oil, which…
Dec 28, 2023 · In the early 1900s, Standard Oil Co., chaired by John Rockefeller, was a powerful monopoly dissolved by SCOTUS. This guide provides access to materials related to “Standard Oil's Monopoly” in the Chronicling America digital collection of historic newspape
