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1. www.britannica.com › money › Standard-OilStandard Oil | History, Monopoly, & Breakup | Britannica Money

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   Oct 10, 2024 · The company’s origins date to 1863, when Rockefeller joined Maurice B. Clark and Samuel Andrews in a Cleveland, Ohio, oil-refining business. In 1865 Rockefeller bought out Clark, and two years later he invited Henry M. Flaglerto join as a partner in the venture. By 1870 the firm of Rockefeller, Andrews, and Flagler was operating the largest ...

2. en.wikipedia.org › wiki › Standard_OilStandard Oil - Wikipedia

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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. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil ...

3. marketrealist.com › p › what-happened-to-standard-oilWhat Happened to John Rockefeller’s Standard Oil?

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   Oct 26, 2021 · Oct. 26 2021, Published 1:26 p.m. ET. Source: Unsplash. John Rockefeller, the patriarch of the wealthy Rockefeller family, teamed up with several associates to build Standard Oil. For many years ...

4. historyincharts.com › the-legacy-of-the-breakup-ofExamining the Breakup of Standard Oil (with Chart)

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   Feb 24, 2021 · In 1870 John D. Rockefeller co-founded the Standard Oil Company. The company (or “Standard” for short) would grow over the coming decades to be one of the largest businesses in the US at the time. It eventually met its demise, though the breakup of Standard Oil still has a lasting effect on the modern world.

5. www.history.com › john-d-rockefellerJohn D. Rockefeller ‑ Biography, Facts & Children | HISTORY

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   Apr 9, 2010 · In 1870, Rockefeller formed the Standard Oil Company of Ohio, along with his younger brother William (1841-1922), Henry Flagler (1830-1913) and a group of other men. John Rockefeller was its ...

6. archive.nytimes.com › learningMay 15, 1911 | Supreme Court Orders Standard Oil Company to ...

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   May 15, 2012 · See all Historic Headlines ». On May 15, 1911, the Supreme Court ordered the dissolution of Standard Oil Company, ruling it was in violation of the Sherman Antitrust Act. The Ohio businessman John D. Rockefeller entered the oil industry in the 1860s and in 1870, and founded Standard Oil with some other business partners. Mr.

7. People also ask

   Did Rockefeller own Standard Oil?

   • In 1870 John D. Rockefeller co-founded the Standard Oil Company. The company (or “Standard” for short) would grow over the coming decades to be one of the largest businesses in the US at the time. It eventually met its demise, though the breakup of Standard Oil still has a lasting effect on the modern world.

   Examining the Breakup of Standard Oil (with Chart)

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   Why did Rockefeller leave Standard Oil?

   • In 1911, after years of litigation, the U.S. Supreme Court ruled Standard Oil of New Jersey was in violation of anti-trust laws and forced it to dismantle (it was broken up into more than 30 individual companies). Rockefeller retired from day-to-day business operations of Standard Oil in the mid-1890s.

   John D. Rockefeller ‑ Biography, Facts & Children | HISTORY

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   When did Rockefeller start his oil business?

   • Rockefeller entered the oil business in 1860s. In 1870, he formed Standard Oil together with Henry Flagler. He built Standard Oil into a sprawling empire engaged in refining, distributing, and marketing of oil products. The company produced most of the lamp kerosene sold in the U.S. and around the world.

   What Happened to John Rockefeller’s Standard Oil? - Market Realist

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   How did Rockefeller influence the oil industry?

   • In 1882, Mr. Rockefeller joined with his partners to create the Standard Oil Trust, which controlled a large number of companies that allowed Standard to control refining, distribution, marketing and other aspects of the oil industry. Standard eventually gained control of nearly 90 percent of the country’s oil production.

   May 15, 1911 | Supreme Court Orders Standard Oil to Be Broken Up

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   Why did Rockefeller defend Standard Oil?

   • In the face of antitrust complaints, Rockefeller defended Standard Oil. He argued that the company achieved its success because it produced better products and operated more efficiently than its rivals. Saudi Arabia’s Aramco has taken the place of Standard Oil as the world’s oil industry powerhouse.

   What Happened to John Rockefeller’s Standard Oil? - Market Realist

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   When did Rockefeller buy Clark Oil Company?

   • In 1865 Rockefeller bought out Clark, and two years later he invited Henry M. Flagler to join as a partner in the venture. By 1870 the firm of Rockefeller, Andrews, and Flagler was operating the largest refineries in Cleveland, and these and related facilities became the property of the new Standard Oil Company, incorporated in Ohio in 1870.

   Standard Oil | History, Monopoly, & Breakup | Britannica Money

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8. www.encyclopedia.com › standard-oil-companyStandard Oil Company - Encyclopedia.com

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   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). Rockefeller remained nominal head of Standard Oil until 1911, but by 1895 he had surrendered more and ...