About the Book
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 39. Chapters: 101 Ranch Oil Company, Amoco, Arbusto Energy, Astral Oil Works, Atlantic Petroleum, Charles Pratt and Company, Chesebrough Manufacturing Company, Coastal Corporation, Conoco, Creole Petroleum Corporation, Dabney Oil Syndicate, Enterprise GP Holdings, Humble Oil, Indian Refining Company, Kanotex Refining Company, Magnolia Petroleum Company, Paragon Oil, Phillips Petroleum Company, Richfield Oil Corporation, Rio Blanco Oil Shale Company, Rockefeller, Andrews & Flagler, Santa Fe Snyder, Scurlock Oil Company, Skelly Oil, South Improvement Company, Spectrum 7, Standard Oil, Standard Oil of Colorado, Standard Oil of Iowa, Standard Oil of Kentucky, Standard Oil of Ohio, Superior Oil Company, TEPPCO Partners, Tidewater Petroleum, Tosco Corporation, Unocal Corporation, Wamsutta Oil Refinery, Western Company of North America, Yount-Lee Oil Company. Excerpt: Standard Oil was a predominant American integrated oil producing, transporting, refining, and marketing company. Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world and operated as a major company trust and was one of the world's first and largest multinational corporations until it was broken up by the United States Supreme Court in 1911. John D. Rockefeller was a founder, chairman and major shareholder. Standard Oil had significant success, and out competed many of its rivals with lower costs and efficient production and logistics. With the profits, Rockefeller became the richest man in modern history. Standard Oil was also criticized by some due to its aggressive pricing and business techniques. Other notable Standard Oil principals include Henry Flagler, developer of Florida's Florida East Coast Railway and resort cities, and Henry H. Rogers, who built the Virginian Railway (VGN), a well-engineered highly efficient line dedicated to shipping southern West Virginia's bituminous coal to port at Hampton Roads. John D. Rockefeller c. 1872, shortly after founding Standard OilStandard Oil began as an Ohio partnership formed by the well-known industrialist John D. Rockefeller, his brother William Rockefeller, Henry Flagler, chemist Samuel Andrews, silent partner Stephen V. Harkness, and Oliver Burr Jennings, who had married the sister of William Rockefeller's wife. In 1870 Rockefeller incorporated Standard Oil in Ohio. Of the initial 10,000 shares, John D. Rockefeller received 2,667; Harkness received 1,334; William Rockefeller, Flagler, and Andrews received 1,333 each; Jennings received 1,000; and the firm of Rockefeller, Andrews & Flagler received 1,000. Using highly effective tactics, later widely criticized, it absorbed or destroyed most of its competition in Cleveland in less than two months in 1872 and later throughout the northeastern United States. In the early years, John D. Rockefeller dominated the combine; he was the si