Standard Oil

Standard Oil (1863 - 1911) was a large integrated oil producing, transporting, refining, and marketing organization. It was founded by John D. Rockefeller (1839-1937) and partners in 1863, with the plan of making kerosene, which was sweeping the home lighting market, supplanting the commonly used whale oil (blubber). Borrowing heavily to expand his business, Rockefeller drew five big refineries including the business concern of Henry Morrison Flagler into one large firm, Rockefeller, Andrews & Flagler. By 1868 Rockefeller and Company headed Standard Oil of Pennsylvania, based in Pittsburg, one of the world's largest oil refining concerns.

References

• Droz, R.V. (2004). Whatever Happened to Standard Oil?. Retrieved June 25, 2005.
• {{Book reference | Author=Nowell, Gregory P. | Title=Mercantile States and the World Oil Cartel, 1900-1939 | Publisher=Cornell University Press | Year=1994 | ID=ISBN 0801428785}}
• Standard Oil Company of California (1980). Whatever happened to Standard Oil?. Retrieved June 25, 2005.