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History. Postcards depicting Esso gas stations in Tennessee (left) and Pennsylvania. In 1911, Standard Oil was broken up into 34 companies, some of which were named Standard Oil and had the rights to that brand in certain states (the other companies had no territorial rights).
Definition. The Standard Oil Company was an American oil producing, refining, and marketing company founded by John D. Rockefeller in 1870, which became a symbol of the monopolistic practices of the Gilded Age.
Definition. Standard Oil was an American oil producing, refining, and marketing company founded by John D. Rockefeller in 1870. It became a symbol of the rise of industrial capitalism and monopolistic practices in the late 19th century, playing a crucial role in transforming the energy sector and shaping the modern economy.
8 Νοε 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.
Definition. Standard Oil was an American oil producing, refining, and marketing company founded by John D. Rockefeller in 1870. It became a symbol of monopolistic practices and was crucial in shaping the industrial landscape of the late 19th century.
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.
Our story began in 1880 in London, Ontario, when 16 refiners created the Imperial Oil Company. In 1898 Standard Oil of New Jersey (now Exxon Mobil Corporation) acquired a majority interest in Imperial.