(Several of these companies were considered among the Of the 34 "Baby Standards", 11 were given rights to the Standard Oil name, based on the state they were in. After purchasing competing firms, Rockefeller shut down those he believed to be inefficient and kept the others. How Ida Tarbell came to write The History of the Standard Oil Company—her landmark 1904 muckraking exposé that directly contributed to the dismemberment of a corporate behemoth and the public downfall of an industry titan—is a fraught subject..



Chevron Corporation, U.S. petroleum corporation that was founded through the 1906 merger of Pacific Oil Company and Standard Oil Company of Iowa. Rates have been made low to let the Standard into markets, or they have been made high to keep its competitors out of markets.

The general result of the investigation has been to disclose the existence of numerous and flagrant discriminations by the railroads in behalf of the Standard Oil Co. and its affiliated corporations.






On January 2, 1882,From 1882 to 1906, Standard paid out $548,436,000 in In 1896, John Rockefeller retired from the Standard Oil Co. of New Jersey, the holding company of the group, but remained president and a major shareholder. Vice-president Standard Oil's market position was initially established through an emphasis on efficiency and responsibility. In 1911, the United States Supreme Court eventually ruled in this case that Standard Oil was a trust and had to cease to exist. For successor companies with similar names, see Udo Hielscher: Historische amerikanische Aktien, p. 68–74, Standard Oil controlled by a small group of families—see Arthur Schmidt, "Weetman Dickinson Pearson (Lord Cowdray)", in Cochran, S., Encountering Chinese Networks: Western, Japanese, and Chinese Corporations in China, 1880–1937, University of California Press, 2000, p. 38.Anderson, Irvine H. Jr., The Standard-Vacuum Oil Co. and United States East Asian Policy, 1933–1941, Princeton University Press, 1975, p. 16.The Mei Foo Shield, A monthly publication of the North China Department of Standard Oil Co. of New York for its Far Eastern Staff.Rosenbaum, David Ira.

In the 1890s, Standard Oil began marketing kerosene to China's large population of close to 400 million as lamp fuel.Stanvac's North China Division, based in Shanghai, owned hundreds of river going vessels, including motor barges, steamers, launches, tugboats and tankers.Standard Oil Company and Socony-Vacuum Oil Company became partners in providing markets for the oil reserves in the Middle East.

Standard Oil founder is a crossword puzzle clue.









The evidence is, in fact, absolutely conclusive that the Standard Oil Co. charges altogether excessive prices where it meets no competition, and particularly where there is little likelihood of competitors entering the field, and that, on the other hand, where competition is active, it frequently cuts prices to a point which leaves even the Standard little or no profit, and which more often leaves no profit to the competitor, whose costs are ordinarily somewhat higher.Standard's president, John D. Rockefeller, had long since retired from any management role. Standard Oil Co. was an American oil-producing, transporting, refining, marketing company.Established in 1870, by John D. Rockefeller and Henry Flagler as a corporation in Ohio, it was the largest oil refiner in the world of its time.

In 1931 Standard Oil Company of New York merged with Vacuum Oil Company (another trust company) to form Socony-Vacuum, which in 1966 became Mobil Oil Corporation. If you are looking for heating oil and propane delivery as well as fast, 24-hour service from a family-owned company you can trust – call Standard Oil today.



Almost everywhere the rates from the shipping points used exclusively, or almost exclusively, by the Standard are relatively lower than the rates from the shipping points of its competitors. In 1906, SOCONY (later Mobil) opened its first fuel terminals in Alexandria. Rockefeller stated in 1910: "I think it is true that the Pratt family, the Payne–These families reinvested most of the dividends in other industries, especially railroads.

The Standard Oil Trust effectively eliminated competition.



In Standard Oil …Ida Tarbell wrote in her History of the Standard Oil Company (1904), “You could argue its existence from its effects, but you could not prove it.” In 1892 the Ohio Supreme Court ordered the trust dissolved, but it effectively continued to operate from headquarters in New York City.
Get exclusive access to content from our 1768 First Edition with your subscription. The state of In 1904, Standard controlled 91 percent of production and 85 percent of final sales.



In 1870, Rockefeller founded Standard Oil Company, which eventually became a domineering monopoly in the oil industry. Greenwood Publishing Group, 1998. p. 33Armentano, Dominick.

History at your fingertips

John D. Rockefeller (July 8, 1839–May 23, 1937) was an astute businessman who became America’s first billionaire in 1916. With comparatively few exceptions, mainly of other large concerns in California, the Standard has been the sole beneficiary of such discriminations. MacMillan Ring-Free Oil Co: 1923-1988 Chemoil Refining Co: 1988-April 1994: 18,000: Chevron, Bakersfield Refinery (Closed) 1913: Standard Oil Co: February 22, 1913-1926 Standard Oil Company of California (Socal): 1926-1977 Chevron USA Inc: 1977-July 1986: 26,000: Chevron, El Segundo Refinery: 1912: Standard Oil Co: 1912-1926

1999. p. 57.Manns, Leslie D., "Dominance in the Oil Industry: Standard Oil from 1865 to 1911" in David I. Rosenbaum ed., Rockefeller the richest man after the dissolution of 1911—see Yergin, op.


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