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Oct 10, 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.
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.
May 29, 2018 · The historic 1911 decision broke up Rockefeller's company into six main entities: Standard Oil of New Jersey (Esso, now Exxon), Standard Oil of New York (Socony, now Mobil), Standard Oil of Ohio, Standard Oil of Indiana (now Amoco, part of BP), and Standard Oil of California (now Chevron).
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…
The Standard Oil Company was a major American oil producing, transporting, refining, and marketing company founded by John D. Rockefeller and partners in 1870. It became one of the largest and most influential monopolistic corporations in U.S. history, dominating the oil industry and wielding significant economic and political power.
Sep 13, 2024 · This work explores how seven companies came to dominate the oil industry by the 1940s, after anti-trust laws forced Standard Oil into 34 different companies. Short histories of each of Seven Sisters are located in chapters three and four.
Apr 9, 2010 · John D. Rockefeller (1839-1937), founder of the Standard Oil Company, became one of the world’s wealthiest men as America's first billionaire and a major philanthropist.
The Standard Oil Company was an American oil producing, refining, and marketing company founded by John D. Rockefeller in 1870. It played a pivotal role in the development of the oil industry in the United States and became a symbol of monopolistic practices during the Gilded Age, leading to significant political reforms aimed at regulating big ...
Standard Oil Co. of New Jersey v. United States, 221 U.S. 1 (1911), was a landmark U.S. Supreme Court decision in which the Court ruled that John D. Rockefeller's petroleum conglomerate Standard Oil had illegally monopolized the American petroleum industry and ordered the company to break itself up. [1] At the same time, the Court also held that U.S. antitrust law banned only "unreasonable ...
Standard Oil Co. Inc. was an American oil producing, transporting, refining, and marketing company. Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world.
