standard oil company information

none.1839-1937, industrialist and philanthropist. Rockefeller was the primary force behind the establishment of the Standard Oil Company and thus of the American petroleum industry.
Playing on the error of the judge, who should have said "South Improvement Company", he takes the opportunity to reveal nothing while not lying. But this did not stop the investigation.
Rockefeller’s stake in the oil industry increased as the industry itself expanded, spurred by the rapidly spreading use of kerosene for lighting. In 1870 he organized The Standard Oil Company along with his brother William, Andrews, Henry M. Flagler, S.V. Harkness, and others. It had a capital of $1 million.
By 1872 Standard Oil had purchased and thus controlled nearly all the refining firms in Cleveland, plus two refineries in the New York City area. Before long the company was refining 29,000 barrels of crude oil a day and had its own cooper shop manufacturing wooden barrels. The company also had storage tanks wit...