Standard oil company

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an old stock certificate from the standard oil company

Standard Oil Company stock certificate issued to William Rockefeller for 250 shares of $100 each. It is signed by John D. Rockefeller and dated April 3, 1875. It was cancelled on December 17, 1878. UN2005.1.17 Museum of American Finance

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the diagram shows how oil refinerys work

Entrepreneur, John D. Rockefeller's standard oil company soon controlled the oil refining business since they surpassed the United States as they were ranked first in world oil production. They controlled the business by horizontal integration. This process controlled the supply of oil and set the prices.

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an old black and white photo of oil rigs

During the "second industrial revolution" there was an incredible boom in the oil regions as well, and a mysterious company seemed to be eating one refinery after the other, including pipelines and transporters. By 1900, JOHN D. ROCKEFELLER's "Standard Oil" controlled nearly 90% of the refined oil production in the U.S.

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the chevron logo is shown in red, white and blue

Chevron (Original name: Standard Oil of California, Former name: Calso, Officially became Chevron in 1972, bought out Standard brand KYSO in the 1960s, bought out Gulf in 1984, Current Status: merged with Texaco to form ChevronTexaco in 2001, company now renamed Chevron Corporation)

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