The Origin of Standard Oil

An important symbol in history is an important change. In the late nineteenth century, large companies grew and had incredible power. The power of these companies is expressed in the form of monopoly, and if you do not enter multiple areas of the market, you will be able to control a specific market division. John D. Rockefeller 's "Standard Oil" is a typical example of all that is necessary for large - scale oil monopoly and oil production and distribution. His oil management will ultimately lead to the need for the government to enact regulatory law.

The assets of Rockefeller came from the five oil companies established by the original Standard Oil Company in 1911. In the 1920s and 1930s, Rockefeller had the largest shares in these companies, which had a major impact on management. In 1933, 4 out of 5 companies ranked top 11 in assets. New Jersey Standard Oil Company (Exx and Company name changed in the early 1970s) was the second largest company of the New York Standard Oil Company (Mobile and company name change), and then merged with Exxon Mobil in 1999 to establish Exxon Mobil . ) Is the fourth largest. This is followed by Indiana Standard Oil No. 6 and California Standard Oil No. 11 (Burch 1981, p. 14). New Jersey Standard Oil is by far the most important and politically most important among these companies. In the 1930s, he served as director at Cleveland's White Motors and Atlanta's Coca-Cola for personal friendship with the CEO.

Rockefeller is a gorgeous, married snake oil salesman and a son of a godly and stubborn mother who was born from the original land and became the world's wealthiest man by creating the most powerful and scary monopoly in the United States I was born. . This trust, known as "octopus" by a number of gangsters, refines and sells almost 90% of the oil in the United States. Frank Ryan believes that cooperation rather than competition is a factor of natural selection. For example, dependence on pollinating insects and birds on the flowering plan is symbiotic or cooperative. By combining symbiosis and Darwin's theory, we can understand nature more accurately.

In the early 1970s, Cleveland became one of the five largest refineries in the United States (excluding Pittsburgh, Philadelphia, New York, and most of the oil production area in northwestern Pennsylvania), and Standard Oil is Cleveland's most profitable It became a high refinery. When it was discovered that at least some of the cost advantage of Standard Oil comes from the refund of railway secrets to petroleum transportation to Cleveland, competing refiner claims similar kickback, and railroad company It followed soon. However, around that time, standard oil grew to one of the largest oil and kerosene shippers in the country.