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Standard Oil

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Standard Oil

US company founded in 1870 by John D Rockefeller; it was divided in 1911 under anti-monopoly laws into 34 independent companies. The successor companies developed to form the core of the modern US oil industry, including Exxon and Mobil (which merged in 1999), Chevron, Marathon, and Conoco.



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In those days the Standard Oil Company did not deliver oil to the consumer in big wagons and motor trucks as it does now, but delivered instead to retail grocers, hardware stores, and the like.
There was such a kindly humanness about the man, such a genial democraticness, that Daylight found it hard to realize that this was THE John Dowsett, president of a string of banks, insurance manipulator, reputed ally of the lieutenants of Standard Oil, and known ally of the Guggenhammers.
Financed by surplus capital from Standard Oil,* Ernest said.
 
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