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60,000 (1909) [ 5 ] 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 ...
Oct 10, 2024 · Standard Oil Company was incorporated in Ohioin 1870, but the company’s origins date to 1863, when John D. Rockefellerjoined Maurice B. Clark and Samuel Andrews in a Cleveland, Ohio, oil-refiningbusiness. Rockefeller bought out Clark in 1865, and Henry M. Flaglerbecame a partner in the venture in 1867.
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.
Sep 13, 2024 · Published/Created: 1975. 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. Standard Oil by Scott Benjamin; Wayne Henderson.
Nov 24, 2017 · Today, the biggest of these companies form the core of the U.S. oil industry: Standard Oil of New Jersey: Merged with Humble Oil and eventually became Exxon. Standard Oil of New York: Merged with Vacuum Oil, and eventually became Mobil. Standard Oil of California: Acquired Standard Oil of Kentucky, Texaco, and Unocal, and is now Chevron.
May 29, 2018 · In 1888 the first foreign affiliate of Standard Oil was created. The Anglo-American Oil Company Ltd. of London allowed Standard to begin securing interests outside the United States. It acquired companies in Latin America in the 1920s, particularly in Venezuela, and also expanded marketing companies abroad.
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Share of the Standard Oil Company, issued May 1, 1878 [61] Part of this scheme was the announcement of sharply increased freight charges. This touched off a firestorm of protest from independent oil well owners, including boycotts and vandalism, which led to the discovery of Standard Oil's part in the deal.
