Standard Oil
E83368
Standard Oil was a dominant late-19th and early-20th century American oil trust that became a symbol of industrial monopoly and led to landmark antitrust regulation.
All labels observed (13)
Statements (88)
| Predicate | Object |
|---|---|
| instanceOf |
business trust
ⓘ
defunct company ⓘ industrial monopoly ⓘ oil company ⓘ |
| brokenUpInto |
Anglo-Persian Oil Company
ⓘ
surface form:
Anglo-American Oil Company
Buckeye Pipe Line Company ⓘ Chesebrough Manufacturing Company ⓘ Continental Oil Company ⓘ Prairie Oil and Gas Company ⓘ Standard Oil of California ⓘ Standard Oil Company of Indiana ⓘ
surface form:
Standard Oil of Indiana
Exxon ⓘ
surface form:
Standard Oil of New Jersey
Exxon ⓘ
surface form:
Standard Oil of New York
Standard Oil of Ohio ⓘ The Ohio Oil Company ⓘ |
| businessPractice |
aggressive acquisitions of competitors
ⓘ
preferential freight rates ⓘ rebates from railroads ⓘ |
| businessStrategy |
horizontal integration
ⓘ
vertical integration ⓘ |
| controlledMarketShareOfU.S.Refining | over 90% at its peak ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| criticizedFor |
anticompetitive practices
ⓘ
market domination ⓘ predatory pricing ⓘ |
| dissolutionBy | Supreme Court of the United States ⓘ |
| dissolutionCause |
Sherman Antitrust Act
ⓘ
surface form:
Sherman Antitrust Act enforcement
|
| dissolutionDecision |
antitrust case Standard Oil Co. of New Jersey v. United States
ⓘ
surface form:
Standard Oil Co. of New Jersey v. United States
|
| dissolutionDecisionYear | 1911 ⓘ |
| dissolved | 1911 ⓘ |
| foundedBy |
Henry Flagler
ⓘ
John D. Rockefeller ⓘ Samuel Andrews ⓘ Stephen Vanderburgh Harkness ⓘ
surface form:
Stephen V. Harkness
William Rockefeller ⓘ |
| headquartersLocation |
Cleveland
ⓘ
surface form:
Cleveland, Ohio
|
| inception | 1870 ⓘ |
| industry |
oil marketing
ⓘ
oil refining ⓘ oil transportation ⓘ petroleum industry ⓘ |
| influencedBy | growth of the U.S. industrial economy ⓘ |
| keyPerson |
Henry Flagler
ⓘ
Henry H. Rogers ⓘ John D. Archbold ⓘ John D. Rockefeller ⓘ Oliver H. Payne ⓘ William Rockefeller ⓘ |
| laterHeadquartersLocation | New York City ⓘ |
| legalForm |
corporation
ⓘ
trust ⓘ |
| operatedIn |
Asia
ⓘ
Europe ⓘ United States of America ⓘ
surface form:
United States
|
| parentOrganizationOf |
Anglo-American Oil Company
ⓘ
Buckeye Pipe Line Company ⓘ Chesebrough Manufacturing Company ⓘ Continental Oil Company ⓘ Prairie Oil and Gas Company ⓘ Standard Oil of California ⓘ Standard Oil Company of Indiana ⓘ
surface form:
Standard Oil of Indiana
Standard Oil self-linksurface differs ⓘ
surface form:
Standard Oil of New Jersey
Standard Oil of New York ⓘ Standard Oil of Ohio ⓘ The Ohio Oil Company ⓘ |
| product |
gasoline
ⓘ
kerosene ⓘ lubricating oil ⓘ petroleum by-products ⓘ |
| reasonForNotability |
central case in U.S. antitrust law
ⓘ
dominant American oil trust in the late 19th century ⓘ pioneered vertical integration in the oil industry ⓘ symbol of industrial monopoly in the United States ⓘ |
| regulationInfluence |
development of U.S. antitrust policy
ⓘ
interpretation of the Sherman Antitrust Act ⓘ |
| subjectOf |
Ida Tarbell
ⓘ
surface form:
Ida Tarbell's exposé "The History of the Standard Oil Company"
|
| successor |
Amoco
ⓘ
BP (through acquisitions of Standard descendants) ⓘ Chevron Corporation ⓘ
surface form:
Chevron
Continental Oil Company ⓘ
surface form:
Conoco
Exxon ⓘ Marathon Oil ⓘ Mobil ⓘ |
| timePeriod |
early 20th century
ⓘ
late 19th century ⓘ |
| transportInfrastructure |
oil pipelines
ⓘ
storage facilities ⓘ tank cars ⓘ |
Referenced by (65)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Trust
this entity surface form:
Exxon
this entity surface form:
Standard Oil monopoly
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil of New Jersey
this entity surface form:
Standard Oil Trust
subject surface form:
Daniel Plainview
this entity surface form:
Standard Oil representatives
subject surface form:
Standard Oil Co. of New Jersey v. United States
this entity surface form:
Standard Oil Trust
subject surface form:
John D. Rockefeller
subject surface form:
John D. Rockefeller
this entity surface form:
Standard Oil Company
subject surface form:
John Dustin Archbold
this entity surface form:
Standard Oil trust breakup
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Company
subject surface form:
Chevron Corporation
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil Company
this entity surface form:
Standard Oil trust
this entity surface form:
Standard Oil (until 1911)
this entity surface form:
Standard Oil trust
this entity surface form:
Standard Oil trust
this entity surface form:
Standard Oil Company (prior to breakup)